#1  
28th November 2018, 01:50 PM
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What is the subsidy scheme under Vidarbha Konkan Gramin Bank Education Loan for MS in Abroad aspirant?


I have heard about subsidy scheme. But I really don’t know what it is? Actually I am going to apply an education loan in Vidarbha Konkan Gramin Bank for studying my MS in Abroad. So, I got the paper regarding this subsidy scheme but don’t know about this. Please explain me what it is?




  #2  
13th July 2022, 11:20 AM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: What is the subsidy scheme under Vidarbha Konkan Gramin Bank Education Loan for MS in Abroad aspirant?

The bank offers INR 10 lacs for Indian colleges and INR 20 pacs for abroad colleges.
Margin
Above Rs 4 lacs 5% for I dian studies
15% for abroad studies
Insurance is compulsory for foreign courses
Interest paid on education loans can be claimed as deduction .
0.50 % in interest rate for girls
Government sponsor subsidy scheme to help students from economically backward sections
Do you have any question? or have anything to say?



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