Question: Can you explain the Pradhan Mantri Uchchatar Shiksha Protsahan Yojana: Central Sector Interest Subsidy Scheme program?

Answer: of "Central Sector Interest Subsidy Scheme (CSIS)â€​?CSIS is

**Eligibility:** of course under the scheme, etc., banks may approach the University Grants Commission (UGC)/ All India Council for
Technical Education (AICTE) and other councils for clarification, for which UGC/AICTE and other councils would be requested to
create Cells and identify Nodal Officers, whom banks can approach for relevant information.It shall be the responsibility of the loan
disbursing bank to ensure that only technical/professional courses are covered by them under the scheme.Eligible Bank:The Scheme is
adopted by all Scheduled Banks/Regional Rural Banks (RRBs)/Cooperative Banks and is linked with the existing Model Educational
Loan Scheme of the Indian Banksâ€™ Association.Nodal Bank:The Scheme shall continue to be implemented through Canara Bank,
which is the Nodal Bank for the Ministry of Education. Modalities for implementation and monitoring shall be finalized in consultation
with the Canara Bank.OkWas this helpful?ShareNews and UpdatesNo new news and updates availableÂ©2024Powered byDigital India
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