The scheme provides full interest subsidy during the moratorium period on loan availed under Model Education Loan Scheme of Indian Banks’ Association (IBA) to students belonging to economically weaker sections whose annual parental income is up to ₹4.5 Lakhs from all sources.
Central Government | subsidy | education
Interest subsidy on education loans up to ₹10 lakhs during moratorium period (course period plus one year)
Administered by Ministry of Education
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Scheme details may change over time. Please verify eligibility and benefits on official government websites. For help applying, visit your nearest Common Service Centre (CSC) or contact your elected representative.