Interest FREE Education Loan

Interest FREE Education Loan || #bekifaayati #youtubeshorts #educationloan

Central Sector Interest Subsidy Scheme provides full interest subsidy during the moratorium period on modern education loans without any collateral security and third-party guarantee, for pursuing technical/professional courses in India. Students whose annual gross parental/ family income is up to Rs.4.5 lakhs are eligible under the scheme.

The Scheme is adopted by all Scheduled Banks. Subsidy is admissible only once either for undergraduate or post graduate or integrated course. Under the scheme, education Ioan is provided without any collateral security and third-party guarantee and for a maximum amount of Rs. 10 Lakhs.