Search Letters Formats Here. In order to promote the level of education among citizens, the Governments of many States introduce attractive interest subsidies on education loans taken by students, who are pursuing higher education but whose family background is not economically strong enough to afford it fully. The candidates have to first apply to the appropriate Government authority to get approval under the Interest Subsidy Scheme. Once it is approved, they will be eligible to get their educational loans' interest reimbursed from the Government either after it is fully paid to the bank or along with the payment of interest to bank periodically as per the scheme.
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How to write a letter to the Bank Manager for Educational Loan - Letter Formats and Sample Letters
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Credit Increase Request Letter
First go in person to explain your position , reasons for extension of loan and sign the revised documentation and you may have to agree to pay extra interest for the extended period. If you wish to extend your education loan from the bank, simply write to the bank manager using compelling language to describe your circumstances. If you know the name of the recipient, use that. If not, you can always use "To whoever it may concern,".
Last Updated: March 7, References. This article was co-authored by Carla Toebe. There are 21 references cited in this article, which can be found at the bottom of the page. This article has been viewed , times.