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DID the funding rules for an SPP college got modified recently?

dus2_chele

Full Member
Nov 15, 2011
36
0
Job Offer........
Pre-Assessed..
Can anyone put on some light on this issue?
what are the rules now exactly?
i knew that 80% to be shown in loan account and remaining 20% in savings.
did this got changed in recent times?
someone please confirm
 

enfield

Champion Member
Aug 2, 2011
2,693
215
Job Offer........
Pre-Assessed..
dus2_chele said:
Can anyone put on some light on this issue?
what are the rules now exactly?
i knew that 80% to be shown in loan account and remaining 20% in savings.
did this got changed in recent times?
someone please confirm
Hi,

No.


*The logic behind 80 percent rule is quite simple. You shall get loan of only 85 percent of your required amount (In INDIA). Rest 15 percent comes from your pocket.