Education and Career Forum

I took Education Loan from Bank of Baroda, Dharamtalla Branch, Kol - 13 on 04.10.2005 for my daughter's B.Tech.(ECE) Education from WBUT. After completion such B.Tech. in the year 2009 on 03.08.2011 after my retirement I paid to such Bank of Baroda all Education Loan amount in total Rs. 2,81,844.00 (including interest) from my very hard livelihood gratuity money. But I received only Rs. 1,83,700.00 i.e. the difference is the interest which I paid to the said Bank. Till now from the year 2005 my total family income(including my daughter's income) not exceeded Rs. 4.5 lacs.

Now I want get the aforesaid Interest Amount(Rs. 98,144.00) as per Govt. of India's Finance Minister's Budget Speech on 17.02.2014 under the CSIS SCHEME. Kindly advise me whether I can get it if yes how can I get it.

Chandan Mukherjee,
9432931667.

If your education loan account is still working then you can claim for interest subsidy by submitting an income certificate.
If the account is closed then it will be difficult to get the subsidy as your daughter has availed the education loan before 2009.