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 managers to submit the claim to the nodal bank Canara Bank before the due date, in the past, due to various reasons, managers have not...

8:54 AM

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 submit the AADHAR card.  When we sought clarification from the Nodal Bank Canara Bank, Shri Badrinath, AGM, Canara Bank Head Office has...

7:29 AM

A TV interview on IBA/RBI guidelines on Education Loan

Kalaignar Seithigal Channel (Tamil) telecast a panel discussion on 'Education Loan' today (7th July 2013).  Ms Tamizharasi Shivakumar, one of the popular TV news anchors, conducted the show.  In this panel discussion, Srinivasan, Convenor of ELTF participated and answered...

7:56 AM

Education Loan - IBA Scheme effective from Sep 2012

This latest model scheme may be downloaded from http://www.iba.org.in/Documents/revisededuscheme21092012__04_10_12.docMODEL EDUCATIONAL LOAN SCHEME FOR PURSUING HIGHER EDUCATION IN INDIA AND ABROAD(September, 2012)1.         INTRODUCTION:Education...

7:56 AM

Revised Education Loan Scheme - July 2012

source  http://www.iba.org.in/educational_loan.asp       Indian Banks’ Association    REVISED MODEL EDUCATIONAL LOAN SCHEME FOR PURSUING HIGHER EDUCATION IN INDIA AND ABROAD1.         INTRODUCTION:Education is central to the human resources development and empowerment in...

1:12 AM