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Interest subsidy scheme on education loans mandated on all banks
Dear sir,
I have taken education loan 1,35,000 on Oct 2008 from Syndicate Bank.From the day I have taken the Loan I was paying interest every month without missing.As of now I have been paid around 90000/- Rs .
so recently announced by the central govt interest subsidy scheme. I'm eligible or not kindly let me know. then how to process for that moratorium.
If any thing else kindly inform to me.

Kotareddy P.
KOTAREDDY P (Posted: Jul 7, 2014)
sir
i have taken loan of 2 lakh from pnb which i want to pay back at once..what is the procedure for it and whether interest subsidy 2014 announced in interim budget is implemented and how i will be benifited by it?/
plzz help
khalid (Posted: Jul 7, 2014)
Sir.I had taken loan amount Rs.1,64,000 during the period of June 2011-June 2012.I completed my Course May,2013 ..I already got subsidy Rs,10000 from my bank .I\\\'m poor family and My Family annual income is Rs.24,000.That income statement also submit My Bank during this period of i got loan amount.Please consider myself and help me sir...

Thanks and regards
By Nithya
Nithya (Posted: Jul 7, 2014)
Sir.I had taken loan amount Rs.1,64,000 during the period of June 2011-June 2012.I completed my Course May,2013 ..I already got subsidy Rs,10000 from my bank .I\'m poor family and My Family annual income is Rs.24,000.That income statement also submit My Bank during this period of i got loan amount.Please consider myself and help me sir...

Thanks and regards
By Nithya
Nithya (Posted: Jul 7, 2014)
I have taken education loan of 3.25 Lakhs in 2006-2010. Now Bank manager urge to pay the amount of 7 lakhs with interest. I want to know whether am I eligible for interest subsidy scheme (I done B.Sc Nursing).
VIGNESH (Posted: Jul 6, 2014)
Sir,


I have taken education loan of 2.75 lakhs during the period 2005-2009. I was not able to repay it until 2013 as I didn't have a job.Bank filled case in district court when it was NP account.So we had a settlement in the Adhaalath and I have paid 1.7 lakhs and now EMI 10k/month.Up to now I have repaid almost 3 lakhs.As referring the interim budget Feb 2014 ,I have asked bank manger about the subsidy for my loan.But he told me that I'm not eligible to get the subsidy(Because I have paid huge amounts), they(bank) already applied but didn't get it in my loan account yet.
Ramkumar (Posted: Jul 4, 2014)
Sir,

I have taken education loan of 3.5 Lakhs in Sep'2009 to 2012 fro completing my MCA. Now I am repaying it. Now I want to know whether am I eligible for this Interest subsidy scheme or not?
Hitesh Kumar (Posted: Jul 3, 2014)
Sir,

I have taken loan for 3 Lakhs in 2003 till 2007. As of now principle amount left is 84 thousand rupees. Am i eligible for interest wavier relief under the scheme, if so, for what period?

Thanks,
Suresh
Suresh Kumar Dasari (Posted: Jul 2, 2014)
Sir,
From May 2008 to Nov.2009, I took education loan of Rs.290000/- (in 4 instalments) from SBI for my daughter's higher studies. Repayment started from 30.10.2010 and is still continuing and it will finish in Aug. 2014. My question is:- Am I eligible for the relief under the scheme, if so, for what period? Whom should I contact or where should I apply?
KV Vishwanathan Nair (Posted: Jun 25, 2014)
Sir i have taken ed loan of 2.67 lacs in 2006 & have paid approx 2.70 lacs upto 31.12.2013. After that i got message that some interest waiver scheme announce from FM in intrim budget. Now i want to know that how much balance amount i have to pay also whatever amount paid by me can be adjusted in my principle amount?

Pls suggest.
PRITAM SINGH (Posted: Jun 24, 2014)
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