Dear sir,
I had taken an education loan of 11 lacs from State Bank of India for PG in engineering in uk.I finished my pg in nov.2009 and stuck in recession so couldnot get a job.Came back in india but not got job for a long time.Now Iam working as a lecturer and getting very less salary so not able to pay back loan.I havepaid back around 1-1.5 lacs till now and the interest is increasing.
Government of India has exempted interest on education loan, but its from april 2009 and i took in sept 2008 so that scheme is also not applicable to me as per bank officials.
I am suffring very much from this issue so I request Any lawer to guide me in this
