Interest Subsidy Scheme on Education Loan

Objective

To provide financial support to bright and needy students of higher education for career development.

Eligibility Criteria

  • Passed 12th standard with 60 or more percentile.
  • Family income must be up to 6.00 lakh
  • Education loan received from scheduled banks on or after date 04/07/17 to pursue higher Education.
  • Not Availed Benefit of any other Government Scheme.

Amount of Subsidy

  • Subsidy is available on education Loan up to Rs.10lakh.
  • Interest subsidy will be deposited in applicant’s loan account at the end of 31st March of every year.

Please Visit below mentioned Website for online application and more Details:

Back To Previous Page | Page last updated date: 05-02-2019

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ISS on Education Loan

CIAC