Education Loan Nodal Bank Canara Bank has recently (7th
September0 2015) opened the portal for claiming, unclaimed Education Loan
interest subsidy for the loans disbursed during 2009-10 to 2013-14.
This is an one time opportunity for all Banks to claim
the left out interest subsidy claims.
The portal will remain open for 30 days from today.
Eligibility..!
Government of India, Ministry of HRD is implementing
Educational Loan Interest Subsidy Scheme from 2009-10. Economically weaker
section (EWS) students whose parental income is less than Rs.4.50 lakhs,
pursuing professional and technical courses in India are eligible for 100%
interest subsidy during the moratorium period, when they avail education loan
under IBA model scheme.
Moratorium period is the study period plus one year or
six months after getting employment whichever is earlier.
Education-Loan-Task-Force (ELTF) have written in detail
about the elilgibility in the following link.
Claim for old cases (2009-10 to 2013-14)..!
The students who are eligible for interest subsidy and
who have not received the subsidy earlier may contact the Branch Manager and
submit a letter requesting him to submit the claim.
If the Branches says that they have not received any
communication from their Head Office, the students can politely ask them to
check up with their head office.
Still if the Branches do not respond, the students can
complain directly to the Regional Manager and Chairman of the Bank. If the claim is not submitted by the Banks
for old cases within 30 days from 7th September 2015, the eligible students can
not claim the interest subsidy later.
Claim for 2014-15..!
The portal for claiming interest subsidy for 2014-15 is
already open and will be closed on 25th September 2015.
The eligible students can also confirm with their
Branches that their eligible interest subsidy for 2014-15, repeat for 2014-15
has been submitted to the nodal bank.
If not submitted, they have to submit before 25th Sep
2015. Banks should claim 100% of the
interest charged by them, as subsidy for eligible students.
In both the cases (old & current), if the claims are
not submitted the branches within the due date, the students will not get the
interest subsidy.
In their own interest, students are advised to check with
their Branches. If they need further help or clarification, they have to
approach only the higher officials of the Bank.
No comments:
Post a Comment