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  #1  
30th December 2018, 08:49 PM
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What is Central Sector Scheme for Interest Subsidy under Allahabad Bank Education Loan?


I have heard about Central Sector Scheme for Interest Subsidy. But I really don’t know what it is? Actually I am going to apply an education loan in Allahabad Bank for my BDS course. So, I got the paper regarding this subsidy scheme but don’t know about this. Please explain me what it is?



  #2  
19th August 2022, 09:09 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: What is Central Sector Scheme for Interest Subsidy under Allahabad Bank Education Loan?

The scheme provides full interest subsidy during the moratorium period on education loan without any collateral security and third party gurantee for persuing technical/professional/degree courses.

Interest subsidy scheme is mainly provided to economically weaker section of society whose grass annual income is less than 4.5 lacs.

0.50% concession is provided to female candidates.
Do you have any question? or have anything to say?



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