Puducherry: ‘Students pursuing higher education have been made easy to get bank education loans through the central government’s portal’ said SBI’s retired assistant general manager Vrudhachalam.
In the guide program ‘Thinamalar’, retired State Bank of India Assistant General Manager Vridthachalam said about the bank education loan.
Parents are confused about whether their children have written the exam correctly, how much score, which college, course, how much it will cost and where to raise the money. A good student should not drop out because of lack of money.
The purpose of the education loan is to enable him to continue his studies and get a good job.
All the banks have come together to offer this education loan through the central government portal. Must be Indian citizen to be eligible for education loan scheme. Must have admission for the course.
Parents should carefully check that any course they enroll their children in is an accredited course.
We have a lot of hesitation. You, the payer, have the right to request all information. You should also ask about approval for the course. It is very necessary. All the expenses for the students to complete the course are provided on loan. Interest rates vary from bank to bank.
There is no fee ceiling in disbursement of education loans. In order to encourage the education of girls, interest on loans is reduced by half a percent. After completing the course, students are given time to go to work. Loan students have the added responsibility of going to work.
Read more courses as well. Parents are there to do anything for you. You will reach a great place in life. Keep your parents with you when you move to a higher place and reduce the nursing home in the future.
This is what he said.