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  #1  
17th August 2017, 12:14 AM
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How to pay an education loan amount before completion of course? Chances to get subsidy?


I was taken an education loan of 5 lakh from SBI on 9.33% interest annually but, currently I am in 3rd year of course and want to pay whole amount of loan. What should I do for it? Can I get subsidy?




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  #2  
30th December 2017, 08:44 PM
shahi jee
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Posts: 5,804
Default Re: How to pay an education loan amount before completion of course? Chances to get subsidy?

If you want to pay whole amount of loan before completion of course, then you can pay but do not get any concession or subsidy on it. You have to pay amount of loan along with interest.

The subsidy is provided for a period of 12 months after completion of course or six months after getting the job. But you can not get any subsidy on this.
Do you have any question? or have anything to say?



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