Re: [www.keralites.net] Education Loan - Interest

Dear Anna,   As I know that there is decision from ministry to avoid ineterest for education loan from this year who has annual income less than 4 lakhs, but the banks still waiting to get the official information from Govt.,     I hope that the bill will be activated from this educational year itself., even its declared lately, the inetrest amount which we paid deducted from the loan amount also.   Regards,   Subin --- On Fri, 30/7/10, Palaniappan Annamalai <palannamalai@gmail.com> wrote: From: Palaniappan Annamalai <palannamalai@gmail.com> Subject: [www.keralites.net] Education Loan - Interest To: Keralites@yahoogroups.com Date: Friday, 30 July, 2010, 10:51 AM   Dear All Reg. Education Loan - Interest Understand from Bank of India that we have to pay interest for the education loan. But Govt. says we need NOT pay. Is any body can clear my doubt. Annamalai

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