#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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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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