Showing posts with label Loan - Education. Show all posts
Showing posts with label Loan - Education. Show all posts

Avanse Financial Services : Education loan, which will provide 5% cashback of the funded tuition fee..!

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…
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Educational Loan Repayment : Consider These 5 Points..!

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…
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Insensitivity of Banks towards education loan borrowers

 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…
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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-…
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State Bank of India Harasses Education Loan Borrowers Through Private Agencies

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 …
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Website links to get education loan interest subsidy

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…
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Who can avail income tax benefit on education loan?

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.
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Education Loan : Effective Rate of Interest

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% 10,00,000
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Education Loan & Interest Subsidy..!

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…
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Claiming unclaimed Education Loan Interest Subsidy: New Portal Opened..!

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 …
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All about Education Loan Interest Subsidy Scheme – CSIS.

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…
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