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Interest Subsidy on Education Loan |
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27-3-2012 | |||
Press Information Bureau Government of India Ministry of Finance 27-March-2012 18:22 IST Ministry of Human Resource Development has formulated an Interest Subsidy Scheme to provide full interest subsidy during the period of moratorium on educational loans taken by students belonging to economically weaker sections from scheduled banks under the Model Educational Loan Scheme of the Indian Banks’ Association (IBA) for pursuing any of the approved courses of studies in technical and professional streams from recognized institutions in India. |
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