#1  
7th October 2015, 11:43 PM
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Does Government ordered an Installment Free Education Loan in India?


Sir,
I want to take Education Loan for study MCA course. I have heard about the news that Government now ordered to make installment free education loan in India. Is it a true information?





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  #2  
31st October 2015, 08:13 PM
ArunavaBasu
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Join Date: Mar 2015
Posts: 2,155
Default Re: Does Government ordered an Installment Free Education Loan in India?

Nothing of sort has been confirmed as of now.
But there was of some news in this regard you are true in that sense.
Nothing of that sort has been implemented as of now by the Banks.
If you are taking an Educational Loan you will have to start repaying 6 months after the completion of your course and the repayment will be in a monthly installment manner.
Do you have any question? or have anything to say?



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