If the parental income of the applicant is Rs. 4.50 lakh or / below
- No interest need be
paid for education loans sanctioned upto December 2009 during the course priod.
However, outstanding along with the interest is to be paid in full after the course period
is over.
If the parental income is more than Rs. 4.50 lakh, interest is to be
serviced in full for
the entire period of the loan including the course period.
No comments:
Post a Comment