Education loan defaulty

Dear Sir,

 Please negotiate with bank, explain them exact situation with all the facts ( BE and 12 k salary do not reconcile).

Please do not get panic that the matter went to the court. Engage the services of a good Advocate to represent you and put before the court valid defense by pleading the factual situation. Only after passing the decree by the court  and on filing of EP, bank can take  steps for attachment of salary and/ or arrest warrant  provided they could establish that you have sufficient means to repay the loan. In your case, the maximum attachment would be normally does not exceed 33% of the latest net salary drawn.
 Arrest warrant is not that much easy for the bank if you are living in a distance place. In the meanwhile you may approach the Zonal Manager of the bank and seek for possible OTS.(one time settlement) and sort out the issue if the offer made by the bank is acceptable to you. 

All the best for early resolution.

P.Thangavel, Advocate & Former senior Manager of a leading PSB.

It appears you might have got some calls/visits from the bank.  You knew there is  a loan which is to be paid.  You have not indicated whether any portion of loan is paid or not.

arrangement payment whatever you can ad then negotiate with the bank.  Once you have lost civil suit then bank cannot negotiate and as they will be in a position  recover loan from your property and salary.