Karnataka banks fail students on education loan | Bengaluru News – Times of India

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BENGALURU: Karnataka Chief Minister. to pressurise him (on farm loan waiver). "I am one step ahead of you to work for the farmers. You need not have to ask me for my resignation over farm loan.

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But they lend money at high interest rates to poor farmers and harass them when they fail to repay the loan. The state. as the loans offered by banks and cooperative societies are not enough.

There are too few banks, their credit-deposit ratios are abysmally low, they fail to release loans. There is a need for increasing the loan amount of these credit cards by at least Rs 50,000.

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The Indian Banks Association has a Model Education Loan Scheme under which loans up to 10 lakh are offered for higher education in India and 20. about these clauses and students end up as.

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As the cost of higher education touches new highs, education loans are nearly unavoidable today. How smooth is the process of getting one? April was the season of exams, but difficult times. years.

But for the students of the Kannada-medium government high school at Nada village (70 km from Mangaluru), it’s a breeze, thanks to the maths lab’ established by their teacher yakub koyyur. Koyyur is.

The chief minister said though the banks disbursed Rs 3,732 crore as education loans in the state this year, the highest in the country, there were complaints from students that. Download The Times.

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