• Tag results for education loan

Funds for education loan repayment scheme soon be allocated: Finance Minister

The state government’s education loan repayment support scheme (ELRS) was one among the several projects stalled after the once-a-century floods that ravaged the state.

published on : 13th November 2018

Karnataka government now looking at student loan waiver for SC/ST communities

This communication has been issued following a request made by the state president of Praja Parivartana Vedike to the state government to waive education loans of the SC/ST students.

published on : 9th October 2018

Job crunch driving defaults in education loans

Government data disclosed that in the last three years, the number of students who could not get placements crossed 40 lakh.

published on : 9th September 2018

Public Sector Banks give 91 per cent of education loans: RBI report

The RBI data on education loans shows that about Rs 12,595 crore were disbursed on 684,836 loan accounts in the year 2015-16.

published on : 27th August 2018

State education loan: Over 20,000 applicants found ineligible

About 75,000 applications were received for the scheme on the online application system.

published on : 11th August 2018

Kerala’s bad loans in the education sector shoot up

Kerala launched a Rs 900-crore ELRS scheme to help students from families with annual income below Rs 6 lakh repay their education loans.

published on : 4th August 2018

Education loan without sureties not a right: Madras High Court

While the present court order ruled that the sanction of education loan is subjected to the guidelines the banks follow, it is in sharp contrast with the earlier High Court order in the matter.

published on : 15th May 2018

Madras HC orders Indian Overseas Bank to pay Rs 25,000 for refusing education loan to farmer’s daughter

The country would be denied the service of scientists, doctors, engineers and other professionals, in case financial assistance is not given to deserving students to come up in life.

published on : 25th February 2018

Banks to accept education loan applications only via online mode

The government has made it mandatory for banks to sanction education loans only though online process and asked them not to consider any application submitted in the physical form.

published on : 10th February 2018

Auxilo Finserve to disburse RS 350 crore education loans

The NBFC, backed by Balrampur Chini Mills and investor Akash Bhansali, is aiming to chart a growth path in the educational loan segment where traditional banks lag. 

published on : 23rd December 2017

Delhi Deputy CM Manish Sisodia says LG blocking scheme for education loan to poor

Delhi Deputy CM Manish Sisodia said that the LG has asked the city government to consult the Centre before the scheme.

published on : 22nd September 2017