Portal opened for claiming unclaimed Education Loan interest subsidy

Nodal Bank Canara Bank has today (7th Sep 2015) opened the portal for claiming, unclaimed Education Loan interest subsidy for the loans disb...

All pending interest subsidy claims can be submitted immediately as one time measure

Under instructions from MHRD, Indian Banks' Association has notified that all pending interest subsidy claims (1.4.2009 to 31.3.2014) be...

Interest subsidy claims for 2014-15 to be submitted before 25th September 2015

All Bank Branches should submit the interest subsidy claims for 2014-15 before 25th September 2015.  Though it is the duty of all the branch...

AADHAR Card not mandatory for processing of Education Loans

We are receiving complaints that some of the banks are not processing / sanctioning the Education loan applications if the applicants do not...

One more opportunity for SC/ST students to claim interest subsidy before 31st Dec 2014

Indian Banks Association has now issued a circular advising all the banks to submit any left out interest subsidy claims relating to eligibl...

IBA clarifications on Education Loan and Iinterest subsidy

Finance Minister and IBA response on Education Loan and interest subsidy Mr Hansraj G Ahir, Member of Parliament from Maharashtra, at the re...