#1
26th December 2018, 10:33 AM
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Subsidy scheme of Bank Education Loan in State Bank of India?
Hello everyone, I have applied for an Education Loan and studying BBA(H) from it. I have taken an Education Loan from State Bank of India. 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
27th July 2022, 02:40 PM
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Re: Subsidy scheme of Bank Education Loan in State Bank of India?
The subsidy scheme provides full interest subsidy during the moratorium period on modern education loan without any collateral security and third party gurantee for technical/ professional course in India.
Students who family annual income is less than 4.5 lacs are eligible under the scheme. Subsidy is available upto a maximum amount of Rs 7.50 lacs irrespective of sanction amount. |
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