Avanse Financial Services : Education
loan, which will provide 5% cashback of the funded tuition fee..! Avanse Financial Services has launched an
education loan, which will provide 5% cashback of the funded tuition fee to
students with either parent as a teacher. To be eligi…
Showing posts with label Loan - Education. Show all posts
Showing posts with label Loan - Education. Show all posts
Educational Loan Repayment : Consider These 5 Points..!
With respect to Educational Loan Repayment the
following is the deduction available in deduction in Income Tax ( IT) : (1). Deduction on Repayment of Interest on
Education Loan is allowed as deduction Under section 80 E for an Individual and
there is no cap on the deduction. Th…
Insensitivity of Banks towards education loan borrowers
Insensitivity of Banks towards education loan borrowers Editorial in the eMagazine PreSense 113 th edition (July 2016 ) During early July 2016, the media reported an interesting case of an active education loan of State Bank of India sold as NPA to Reliance Assets Reconstructio…
Education Loan Interest Subsidy Portal opens on August 1, 2016 for 2015-16
Education Loan Interest Subsidy Portal opens on August 1,
2016 for 2015-16 Ministry of HRD has
advised Canara Bank to open the Interest Subsidy portal from 1st August
2016 to 31st October 2016 for primary claims of Interest Subsidy on
Education Loan for Financial Year 2015-…
State Bank of India Harasses Education Loan Borrowers Through Private Agencies
Insensitivity of State Bank of India kills a poor student - SBI harasses education loan borrowers through private agencies..! 16 July 2016 Shri Arjun Ram Meghwal ji Hon'ble Minister of Finance Delhi Dear Shri Arjun Ram Meghwal ji When the undersigned met you at Delhi on 11th …
Website links to get education loan interest subsidy
Website links to get education loan interest subsidy status Canara Bank has now announced the following two new links to get the status of Education Loan interest subsidy. For enquiry regarding CSIS Subsidy claims made up to 2013-14: https://canarabankcsis.in/ CSIS_Old_Data_E…
Who can avail income tax benefit on education loan?
Who can
avail income tax benefit on education loan? An
individual can avail of tax benefit on interest paid on an education loan for
self or a relative. Relative
meaning spouse, child or / a student for whom the individual is a legal
guardian.
Education Loan : Effective Rate of Interest
Education Loan : Effective Rate of Interest Education
Loan Amount (Rs.) Interest Rate Interest Amount
(Rs.) Yearly Tax Savings
(Rs.) Effective Rate of
Interest 2,00,000 13.5% 27,000 8,343 9.33% 4,00,000 13.5% 54,000 16,686 9.33% 6,00,000 13.5% 81,000 16,686 9.33%
Education Loan & Interest Subsidy..!
Now (2015, September) Interest subsidy is
applicable from academic year 2009-10 and is available for those students who
availed Education loan from 1.4.2009. Full interest subsidy during the period of
moratorium ie. course period plus one
year or six (6) month after getting…
Claiming unclaimed Education Loan Interest Subsidy: New Portal Opened..!
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 …
All about Education Loan Interest Subsidy Scheme – CSIS.
By Mr. K Srinivasan, Convenor, ELTF Education-Loan-Task-Force
( ELTF) has been
getting lot of enquirers from different part of country seeking clarifications
on 'Interest Subsidy Scheme'. There are 2 types of Interest Subsidy scheme for
students pursuing education in I…
