22nd June 2022, 09:35 PM
Posts: n/a

Will I get subsidy in Education Loan due to death of my father?

I have taken education loan of 2.5 lakhs and my fathers death occurs in 2013 I am regularly paying installment but want to know that will I get subsidy because my income is very low and my family income is also below 2 lakhs.

23rd June 2022, 11:50 PM
Hera tabrez
Junior Member
Join Date: Oct 2020
Location: Kanpur
Posts: 4,340
Default Re: Will I get subsidy in Education Loan due to death of my father?

Interest subsidy is available to students belonging to weaker section of society.
Their annual family income must not exceed Rs 4.5 lakhs .

Thus if you belong to such category and you annual income is below 4.5 lakhs then you can avail its benefit.

0.50% concession in interest rate is provided to female students.
Do you have any question? or have anything to say?

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