🔸”Central Sector Interest Subsidy Scheme” (CSIS) provides full interest subsidy during the moratorium period (i.e Course period + 1 Year) on modern education loans without any collateral security and third-party guarantee, for pursuing technical/professional courses in India.
➡️To get Eligible for this scheme:-
- Students having parental income up to Rs. 4.5 lakhs per annum.
- Students enrolled in professional/ technical courses only from NAAC accredited institutions or professional/ technical programmes accredited by NBA or Institutions of National Importance or Central Funded Technical Institutions (CFTIs).
- CSIS is only applicable for domestic colleges and not for foreign institutions.
Source: Central Sector Interest Subsidy Scheme, 2009
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