https://www.taxtmi.com/news?id=3138 The revised Educational Loan Scheme circulated by the India Banks' Association is available for adoption by member banks and covers all students, including minorities; it limits eligibility to Indian nationals admitted to professional or technical courses in India or abroad through entrance tests or merit selection. Banks may modify the model but must observe the scheme's core eligibility and scope. Complaints about non-sanction, non-disbursal or delays are being acted upon, and Public Sector Banks' implementation and timeliness in disposing loan applications are subject to review and advisories to ensure faithful execution. en-us Tue, 24 Apr 2012 17:48:14 +0530 Tue, 24 Apr 2012 17:48:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3138 The revised Educational Loan Scheme circulated by the India Banks' Association is available for adoption by member banks and covers all students, including minorities; it limits eligibility to Indian nationals admitted to professional or technical courses in India or abroad through entrance tests or merit selection. Banks may modify the model but must observe the scheme's core eligibility and scope. Complaints about non-sanction, non-disbursal or delays are being acted upon, and Public Sector Banks' implementation and timeliness in disposing loan applications are subject to review and advisories to ensure faithful execution. News - Tue, 24 Apr 2012 17:48:14 +0530 https://www.taxtmi.com/news?id=3138