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Education loan waiver 2014

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 June 2014 In the Interim Budget 2014-15,the then Fin. Minister Mr. Chidambaram announced a moratorium period for all education loans taken up to March 31, 2009, and outstandings as of March 31, 2013.
Is this announcement is followed in Banks???
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
27 June 2014 yes. it is followed by banks....if your bank is not following the same, you can raise complaint with ombudsman..
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Rupesh Jain

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Rupesh Jain (Expert)
30 June 2014 yes bank given to eligible loan holder.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
30 June 2014 yes compliant with banking ombudsman.................

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