Education and Career Forum

Dear Friends,
I have bought an Education Loan of Dena Bank. They collect some interest from me also. How can I get interest subsidy? Please do help me as I am in need for it.

You cannot get any subsidy against Interest on Dena Bank Education loan. You need to pay the Interest to the bank accordingly without taking any subsidy. If the Bank offers any subsidy on Interest of Education loan, you can directly contact the Bank Manager and know the details of subsidy of interest on Education loan.

You should contact the concerned branch of Dena bank in order to know the details of subsidy in interest rate. This is because interest subsidies varies from time to time as per bank's performance and the internal policies of the bank. So the best advice to consult the concerned bank and get the details. Usually subsidies are given on -

- Regular payment of interest accumulated each month
- Co-borrower being a senior citizen
- Being a single girl child