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#1
18th March 2018, 12:33 AM
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What is Central Sector Scheme for Interest Subsidy under Canara Bank Education Loan?
I have heard about Central Sector Scheme for Interest Subsidy. But I really don’t know what it is? Actually I am going to apply an education loan in Canara Bank for my BDS course. So, I got the paper regarding this subsidy scheme but don’t know about this. Please explain me what it is?
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#2
21st September 2022, 08:29 PM
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Re: What is Central Sector Scheme for Interest Subsidy under Canara Bank Education Loan?
The scheme has been announced by Ministry of HRD for providing interests on education loans during moratorium for technical and professional course for studies in India.
It provides full interest subsidy during moratorium period on modern education loan without any collateral security and third party gurantee. Those students , whose gross annual income is upto INR 4.5 lacs are eligible for such scheme. |
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