Money Guru: Commercial Banks to adopt Education Loan Scheme

Updated: June 25, 2019 08:30 PM IST

Govt informed that IBA has formulated and circulated to all Member Banks including State Bank of India (SBI) a ‘Model Education Loan Scheme’ for providing financial support to meritorious students for pursuing higher education in India and abroad. Salient features of the Scheme inter-alia include:



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