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  #1  
30th March 2017, 03:17 PM
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Is it true that the education loan interest will be paid by Indian Government if doing masters in foreign country?


Last budget in Gujarat our chief minister said anybody taken education loan for further study in foreign country so the interest will be pay by government. Is it true? Can you send me the official information on the same? I just heard about it but unable to validate the same.




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  #2  
31st March 2017, 08:42 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Is it true that the education loan interest will be paid by Indian Government if doing masters in foreign country?

Interest subsidy is mainly available for candidates who belong to poor families having very less income. There is no subsidy based on the place from where you are doing the course.

Just make sure you are doing the course from a recognized college and if you belong to a poor family, then provide the income certificate to the bank.
Do you have any question? or have anything to say?



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