BPLR & MARGIN REDUCTION

Hello Frndz,

I need ur suggestion regarding this problem.
Basically there is an educational institution(regd as per society act) & has financed a term loan from a bank.
I want the interest rates charged on the loan to be reduced below BPLR & also the MARGIN % specified in the bank sanction letter to be reduced.

Now for this I need ur suggestions so that I can draft a proper application in the bank

Is there any particular circular of RBI or GOI or or may be some other notification which deals with any benefit provided to the educational institutions regarding reduced interest rates.

Further can anyone guide me on the basis on which margin % reduction can be claimed from the bank.
This matter is urgent & so try 2 help me out of this.

Shikha.