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#1
27th January 2019, 01:25 PM
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Subsidy scheme of Bank Education Loan in State Bank of Hyderabad?
Hello everyone, I have applied for an Education Loan and studying MBA from it. I have taken an Education Loan from State Bank of Hyderabad. I want to know the subsidy scheme comes under this Bank Education Loan. Can you provide me the details of this scheme?
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#2
5th February 2019, 08:43 PM
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Re: Subsidy scheme of Bank Education Loan in State Bank of Hyderabad?
The Ministry of Human Resource Department has launched Central Scheme for Interest subsidy on education loans under which it offers 100% subsidy on interest rates during the moratorium period. The subsidy is offered to students belonging from financially weaker sections of the society whose gross income is not more than INR 4.50 lacs per year for pursuing approved integrated courses, graduation or post graduation courses in India.
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