THIRUVANANTHAPURAM:
It is decided to launch a “One Time Compromise Settlement for Education Loan” by State Bank of Travancore (SBT)
All eligible borrowers are requested to take this opportunity to settle their dues before the bank goes for legal
remedies. They are advised to approach the respective branches before 31.08.2016.
For the borrowers who do not come forward to repay / settle the dues under scheme, intensive recovery drive will be launched from 01.09.2016, through appropriate legal measures including Revenue Recovery actions.
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