The prayer in this writ petition is to issue a Writ of Mandamus for bearing the respondents from levying and recovering the commercial rate of interest for the petitioners Staff Housing Loan sanctioned in F.No.29/28, dated 27. 1980 or recovering overdue interest on his agricultural loan sanctioned in No.71/124, dated 16. 1981.

2. The case of the petitioner is that the petitioner was appointed in the service of the respondent bank on 2. 1975 as Shroff-cum-Godown Keeper and posted at Madurantakam Branch. On 7. 1988, he was promoted as Special Assistant and transferred to Acharapakkam Branch. In the year 1991, he was re-transferred to Madurantakam Branch and he served in the said branch upto 31. 2001, i.e till the date of his voluntary retirement.

3. The petitioner while in service, applied for a Staff Housing Loan to the bank in the year 1980 and the same was sanctioned by order of the fourth respondent dated 27. 1980. As per the sanction order, the petitioner has to repay the sanctioned loan of Rs.50,000/- in twenty five years through deduction in salary at the rate of Rs.235/-per month. For first 100 months, Rs.285/-per month for the next 100 months, and at the rate of