Education and Career Forum

Hello,
How I will get Education Loan with
no interest for doing B.Tech course?
I am from Muslim Minority class.
So, please tell me what will I do for that?
With Regards-

It is not possible to get education loan without interest being charged at it. Even if you are from Muslim Minority but still you need to give interest for the education loan. However, you can get scholarship from State Government or you can get subsidy from the concerned bank as per its internal policies. You should approach any bank close to your residence and speak to the branch manager to find out whether there is any such provision of subsidy in interest.

Originally Posted by Unregistered

Hello,
How I will get Education Loan with
no interest for doing B.Tech course?
I am from Muslim Minority class.
So, please tell me what will I do for that?
With Regards-

Sorry, you will have to pay the Interest rate for any kind of the loan you are getting from the bank either you are getting the loan from the private sector bank or public Sector bank. So, there are some charges associated with the loan. if you want to get the Loan at no interest than you have to apply for the Scholarship through your college only.

Originally Posted by Unregistered

Hello,
How I will get Education Loan with
no interest for doing B.Tech course?
I am from Muslim Minority class.
So, please tell me what will I do for that?
With Regards-

There is a government scheme with almost no interest or interest subsidy scheme. But it requires sanctions from from government authorities. You may get an interest free period during the study period. Afterwards you must have to repay the loan with some interest. Complete interest free is not possible completely. You may avail scholarships to support your educational costs including tuition fee etc

Originally Posted by Unregistered

Hello,
How I will get Education Loan with
no interest for doing B.Tech course?
I am from Muslim Minority class.
So, please tell me what will I do for that?
With Regards-

Also being a muslim minority student you can avail MOMA scholarship which give around Rs.25000 per annum towards your tuition fee. Please check MOMA website for the same.