Education and Career Forum

I want to know about the details of subsidy scheme of an education loan available in Bank of India? I am going to apply for an education loan in this bank. So, I want to know about the subsidy scheme first.

Subsidy is usually provided to students who are economically backward and their annual family income does not exceed 4.5 lacs are eligible for CSIS scheme.

0.50% interest concession is provided to female candidates.

Banks provide interest concession to its employees applying for education loan.

Those education loan are eligible for subsidy which are sanctioned without any collateral security and third party guarantee .