#1
28th December 2013, 12:10 AM
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Study loan for Farmer's son for CPT?
my father is a farmer and not able pay my cpt fee so i want study loan
plz tell process of bank loan for farmers like me? |
#2
16th January 2014, 05:05 PM
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Re: Study loan for Farmer's son for CPT?
Government has launched a scheme to provide full interest subsidy during the period of course and one year or six months after getting job. You can ask the manager to accept the unused amount and re-consider the EMI amount too. Unfortunately, there cannot be any waiver applied in your case other than the above mentioned government policies. Education loans mainly depend on the worthiness of the borrower. It is completely bank’s discretion to sanction the loan after assessing your credit worthiness. In a way, the bank also checks out the merit of the borrower. It is on the basis of the marks scored in the entrance examination, you will get the loan sanctioned.
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