Interest Subsidy on Education Loans,interest free education loans,interest less education loans,interest waived education loans,india
Published by great jack on March 8, 2011 in Asia-
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Government of India waived interest of educational loans.
Recently government of India has waived the interest on Educational loans across the country,but there are a number of questions from students and people in the country regarding this.Some the common doubts regarding the scheme can be eliminated from this brief summary.
The scheme is applicable to all eligible educational loan accounts within the country,The eligible accounts are the Educational loan accounts from which amount is disbursed on or after April 2010 ,irrespective of the sanction date of the Educational loan.
To make it clear only the amount disbursed after April 2010 are eligible for interest waiver scheme,and it is applicable for persons whose family income is less than Rs 2 lakh per annum
Any one having any doubts or queries may post it below to get solution for your queries.
If you have any doubts regarding educational loan it can be eliminated by following this link complete details of educational loan in india
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i took loan in 2008 ,am i eligible for scheme
if you took loan in 2008 then amount disbursed after april 2010 only will be eligible for interest waiver scheme
i want to get interest free loan , how to get it ?
Hi, sir
I have taken education loan from UCO bank in kolkata in the year 2010-11 for B.E. and i have paid interest of one year. Sir am i eligible for interest free education loan scheme?When I asked about this scheme to bank manager than he said that they have no information for Interest free educational loan..what can i do sir..plz help me..
Hai Jose Approach the bank which is near to your residential area,also read the above link “complete details of educational loan in india” above in this page and check your eligibility before approaching bank.
Hai Rajkumar check this
“complete details of educational loan in india” above and check your eligibility,then read “steps to combat denial of educational loan” there.