Tuesday, February 9, 2010

Sreenath P S, Alappuzha

From: Sreenth Prabhups sreenathprabhups@gmail.com

To:BudgetTwentyTen@gmail.com
Date: Tue, Feb 9, 2010 at 12:39 PM

Subject: Expecting reduction in the interst rate of education loan

It is very happy to say that at the present age of information technology,we have enough loan facilities for continuing our higher eduction. But problem is with the interest rate for education loan is 11.75%(Union Bank Of India) which is unbareable to us. We had taken the loan 2005 and however after completing our education(2008) some how we are remitting it at under EMI PLAN. Although we are highly educated(MCA) we are getting only a salary of 4000 to 5000 range. I would like to request to you kindly take some measures to give some relief in our education loan and reduce the interest rate from 11.75% to any subsidisable rate.

Your's Faithfully, Sreenath P S

Puthiya Madom

C M C-15,

Cherthala

Alappuzha(district)

Kerala

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