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#1
19th December 2018, 02:08 AM
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Subsidy scheme under Canara Bank Education Loan Scheme for MS-Abroad aspirant?
I want to know about the details of subsidy scheme under education loan available in Canara Bank? I am going to apply for an education loan in this bank as I am interested to study MS course in Abroad. So, I want to know about the subsidy scheme first.
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#2
20th July 2022, 10:18 PM
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Re: Subsidy scheme under Canara Bank Education Loan Scheme for MS-Abroad aspirant?
Interest subsidy is provided from maximum amount Rs 10 lakh .
The loan amount exceeding Rs 10 lacs qualify for interest subsidy. Interest subsidy is mainly provided to meritorious students who family annual income is less than 4.5 lacs per annum Those who are meritorious students and have got admission in reputable college on the basis of merit are eligible for subsidy. Interest compensation for EMIs paid during course duration. Extra 1% interest subsidy offered for prepayment. |
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