Govt plans to cut interest rate on education loans
The government is working on a refinance scheme to offer education loans at interest rates as low as 4%, and plans to extend the repayment period. For details, click on the link below:
Educational loans to get cheaper?
Recently, there have been reports that the government is working on a scheme to offer education loans at a minimum rate of interest of 4 per cent. The Ministry of Human Resource Development (HRD) also plans to extend loan repayment periods for those who aspire to become doctors, engineers, fashion designers and/or information technology professionals.For details, click on the link below: