I would like to draw your attention to an incident where RACPC Branch in BKC, State Bank of India, Mumbai is making mockery of the Government announced scheme.
Details are as mentioned here. I have recently bought a 2 BHK flat in Thane for a total price of Rs 19 Lakhs including Registration and Stamp Duty charges. I intend to obtain loan of Rs 13 Lakhs from SBI. My query is in regard to the 1% subsidy / subvention announced by the Finance Minister during Budget 2011-12 and 2012-13 for home loan of 15 Lakhs or less for a property costing Rs 25 Lakhs or less. In this regard, RBI circular RBI/2010-11/481 RPCD.SME & NFS. BC. No. 62/06.11.01/2010-11 dated 21 Apr 11 also refers. I am fulfilling both criterions, however, SBI officials claimed of no such intimation received. I tried obtaining information through RTI, however, SBI gave no information and junked the RTI by terming the query as inappropriate. I would like to know the rule position in the matter and what should be my course of action?
Regards
Regards