RUPEETIMES.COM
Interest subsidy scheme on education loans mandated on all banks
I had taken educational loan 151000 in 2005. i had only 45000 subsidy. please tell me the detail for this and more subsidy
Neeraj Kumar (Posted: Aug 12, 2014)
sir,
i hv taken study loan amount 1,50,000 in 2007. from 2012 i am paying loan to bank. can i get interest subsidy according to budget 2014. kindly suggest me. waitn for reply
ravi (Posted: Aug 12, 2014)
Sir, I had taken educational loan of Rs.148000 from SBI during 2007-2011. The bank taking monthly interest of Rs.740 every month until now since 2008. My repayment period started from Dec 2012. Because I pursued my PG during 2011-2013 I didn\'t repay the main amount and keep on paying the interest of 740 only. Now the bank holding my account and today I have received the court notice from bank to repay the amount within 7 days. Recently I got job and ready to repay in EMI. But the bank asking 70000 to open the account and then in EMI. I am not in a position to pay more than 30000 to open the account. Also the bank saying no subsidy for me. What I have to do now.
K. Vijayakumar (Posted: Aug 8, 2014)
Sir, I had taken educational loan of Rs.148000 from SBI during 2007-2011. The bank taking monthly interest of Rs.740 every month until now since 2008. My repayment period started from Dec 2012. Because I pursued my PG during 2011-2013 I didn't repay the main amount and keep on paying the interest of 740 only. Now the bank holding my account and today I have received the court notice from bank to repay the amount within 7 days. Recently I got job and ready to repay in EMI. But the bank asking 70000 to open the account and then in EMI. I am not in a position to pay more than 30000 to open the account. Also the bank saying no subsidy for me. What I have to do now.
K. Vijayakumar (Posted: Aug 8, 2014)
Sir, I had taken educational loan of Rs.148000 from SBI during 2007-2011. The bank taking monthly interest of Rs.740 every month until now since 2008. My repayment period started from Dec 2012. Because I pursued my PG during 2011-2013 I didn\\\'t repay the main amount and keep on paying the interest of 740 only. Now the bank holding my account and today I have received the court notice from bank to repay the amount within 7 days. Recently I got job and ready to repay in EMI. But the bank asking 70000 to open the account and then in EMI. I am not in a position to pay more than 30000 to open the account. Also the bank saying no subsidy for me. What I have to do now.
K. Vijayakumar (Posted: Aug 8, 2014)
Sir, I had taken educational loan of Rs.148000 from SBI during 2007-2011. The bank taking monthly interest of Rs.740 every month until now since 2008. My repayment period started from Dec 2012. Because I pursued my PG during 2011-2013 I didn\'t repay the main amount and keep on paying the interest of 740 only. Now the bank holding my account and today I have received the court notice from bank to repay the amount within 7 days. Recently I got job and ready to repay in EMI. But the bank asking 70000 to open the account and then in EMI. I am not in a position to pay more than 30000 to open the account. Also the bank saying no subsidy for me. What I have to do now.
K. Vijayakumar (Posted: Aug 8, 2014)
Sir, I had taken educational loan of Rs.148000 from SBI during 2007-2011. The bank taking monthly interest of Rs.740 every month until now since 2008. My repayment period started from Dec 2012. Because I pursued my PG during 2011-2013 I didn't repay the main amount and keep on paying the interest of 740 only. Now the bank holding my account and today I have received the court notice from bank to repay the amount within 7 days. Recently I got job and ready to repay in EMI. But the bank asking 70000 to open the account and then in EMI. I am not in a position to pay more than 30000 to open the account. Also the bank saying no subsidy for me. What I have to do now.
K. Vijayakumar (Posted: Aug 8, 2014)
i have taken education loan from SBI in July 2013. I am eligible for availing the benefits of interest subsidy but my bank manager told me to hold on as according to him the interest subsidy policy has not been started yet.
Please inform me what further actions do I need to take.....
Preeti singh (Posted: Aug 2, 2014)
my sister has taken education loan from bank year 2011 weather she can get interest subsidy in csis scheme
bharatjain (Posted: Jul 28, 2014)
I have taken education loan of 2 lakh from Bank of Baroda in Sept 2008, but my bank manager is not ready to accept the Interest subsidy policy which was announced by Finance Minster in Interim Budget 2014. Please tell me the process how should I take the action against the bank
Himanshu Agrawal (Posted: Jul 27, 2014)
Pages: 1 2 3 4 5 6 7 8
  Post your comment:  
Your Name:
Email Address:
Comment:

Enter the words above:
COMPARE QUICKLY
 Select a product:
 
CALCULATE QUICKLY
 Select a product:
 
EDITORS' PICKS
Know your Education Loan better
Collateral and co-applicant requirements...
A detailed guide on education loans for...
Some Banks offering education loans for...
Education loans seeing a facelift in India
Effect of employment on loan eligibility...
A chronicle of excesses by loan recovery...
Manage your loans, avoid recovery agents
Carnival of Indian Personal Finance Blogs #1
Bank loans that could glitter for you

NEWS THIS WEEK
Banks to look forward to hire students from IIT/IIM Feb 18, 2015
Union Bank of India hiring for the post of specialist officers Feb 16, 2015
Canara bank launched scholarship Scheme Feb 13, 2015
AXIS bank started ‘My idea of progress’ Campaign Feb 12, 2015
RBI inviting applications for the guard post Feb 11, 2015
News Archive