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What is the full form of AIR?
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Answer Posted / aishwarya
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Ceiling on eligible loan amount and capital subsidy Latest guidelines by Government of India under scheme CLCSS Term loan are being forwarded for your reference. As per this, we can avail a long, accordingly Maximum limit of eligible loan under the scheme is Rs.100 lakhs and ceiling on Capital subsidy is 15% of eligible plant & machinery subject to maximum of Rs.15.00 lakhs.
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My neighbor (a very old working woman) had a PPF A/c in SBI, on 31st of March 2010 it completed its 15 year term and hence the same was eligible for withdrawl, she duly filled up the redemption form and asked the bank to redeem the amount. On 14th of April 2010, the bank issued a pay order but deducted bank charges (as the savings account is with another bank), SBI has nearly deducted bank charges of about 25000/- from her. My neighbor didnt have a bank account in SBI, her account is in IDBI and SBI has deducted the charges for preparing a pay order. Here no service is being rendered but rather its bank obligation to make the payment, Pls help. It would be good if we can help her!!
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