No separate scheme to provides interest subsidy for educational loans obtained by girl students

Educational-Loan-for-gril-students.png

The Central Government has clarified that there is presently no separate scheme to provide interest subsidy for loans obtained for pursuing vocational education by girl students. The Government is implementing a Central Scheme to provide full Interest Subsidy for the period of moratorium on Educational Loans taken by students from Economically Weaker Sections under the Educational Loan Scheme of the Indian Banks’ Association (IBA) to pursue Technical/Professional Education in India. The Scheme … [Read more...]

Interest Subsidy Scheme for Housing the Urban Poor

Ministry of Housing and Urban Poverty Alleviation Interest Subsidy Scheme for Housing the Urban Poor The Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) was launched w.e.f. 26/12/2008 with a view to enabling the access of urban poor to the long term institutional finance. The scheme was to be implemented in the 11th Five Year Plan as on pilot basis. The total plan outlay for the scheme was Rs.1,100 crores. The scheme seeks to provide interest subsidy to Economically Weaker Section … [Read more...]

Central Sector Scheme of Interest Subsidy on Educational Loans

Ministry of Human Resource Development Central Sector Scheme of Interest Subsidy on Educational Loans The Ministry of Human Resource Development launched during 2009-10 a new Central Scheme to provide full interest subsidy during the period of moratorium on educational loans for students belonging to economically weaker sections (with parental family income from all sources of less than Rs.4.5 lakh annually), from scheduled banks under the Educational Loan Scheme of the Indian Bank’s … [Read more...]