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#1
25th October 2018, 01:50 PM
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What is the subsidy scheme of Bank Education Loan?
Hello everyone, I have applied for an Education Loan and studying BHM course from it. I want to know the subsidy scheme comes under Bank Education Loan. Can you please let me know that what is this subsidy about?
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#2
1st November 2018, 10:36 PM
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Re: What is the subsidy scheme of Bank Education Loan?
Central government provides interest subsidy in education loan to those students, who belong to economically weaker sections. Your income should be under low income or middle income group to avail such subsidy.
An income certificate will be required, once your loan is cleared. Subsidy will be applied, on the EMIs, which you have to pay after course completion. |
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