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#1
24th December 2018, 03:37 PM
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Concession in Kotak Mahindra Bank Education Loan for an OBC student?
Sir, I am an OBC student. I am preparing for BITSAT. I am studying in 12th. I don’t want to depend fully on scholarship. I need to get loan for my education i.e.; during BTech. So, what concession I get as I came under OBC category if I apply for an education loan in Kotak Mahindra Bank?
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#2
28th December 2018, 11:17 PM
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Banks don't provide any concession based on your category. They will only provide subsidy in interest to economically weaker sections, which is a central government scheme.
If you belong to financially weaker family, then you need to have a proof of income certificate, to claim the subsidy on your education loan. |
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#3
29th December 2018, 11:42 AM
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There is no any type of concession in Kotak Mahindra Bank Education Loan for an OBC student. Kotak Mahindra Bank gives 0.50% concession to girl students. Relaxation in eligibility criteria and margin is applicable relaxed for SC/ST students.
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