#1  
9th June 2014, 05:57 PM
Unregistered
Guest
 
Posts: n/a

Is it true that Canara bank is providing full interest subsidy education loan?


hi...i wanna join bds now..so plz let me to know.. that I heard that canara bank providing full interest subsidy scheme for education loan is it true?




  #2  
10th June 2014, 10:38 AM
SudeepKumarSaha
Senior Member+++++
 
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Is it true that Canara bank is providing full interest subsidy education loan?

No, there is no such provision as full interest subsidy for education loan under Canara Bank. But there are subsidies on various grounds like category of the student, senior citizen quota of parents, retired serviceman, etc. There is no full subsidy of interest. However, interest will be charged in the form of simple interest unlike other loans where it is compound interest. But it will be only for the entire study period and after that the interest will be charged again as compound interest.
  #3  
21st August 2014, 05:08 PM
Unregistered
Guest
 
Posts: n/a
Default Re: Is it true that Canara bank is providing full interest subsidy education loan?

IOB is cheating education loan subsidy,taking documents from borrower and keeping money with them.
Do you have any question? or have anything to say?



Related Topics:

Thread Replies Last Post
How to get education loan? From which bank at lowest interest? Minimum salary of parents required for loan? 10 22nd October 2019 12:01 PM
Can i apply for Education loan through distance education 2 30th November 2014 12:16 AM
Can I get Education loan for MSW course through distance education? 2 8th July 2014 08:38 PM



Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
vBulletin Optimisation by vB Optimise.
Please also check: