Majority of officials following orders on loan disbursement
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Majority of officials following orders on loan disbursement

Last Updated: Monday, October 19, 2009, 21:22     A- A A+
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Virudhunagar(TN): Union Home Minister P Chidambaram on Monday said majority of the Bank officials were following Government orders on education loan disbursement for deserving students, helping parents of poor children realise their dreams of providing education to their wards.

Participating at a function organised to distribute educational and differential rate of interest loans here, he said 98 per cent of bank officials were following orders on education loan disbursement. Only two per cent were "Kelakathinar" (turning a deaf ear), he said.

"What is needed for the education loan is the signature of the student and one of his parents'," the Minister said adding that the education loan could be applied online also.

Referring to a complaint by CPM MP Lingam that education loans were not being given, he said there was problem in disbursing loans in states where the government did not work in harmony with the Central government.

Loans to the tune of Rs 9 crore were disbursed to 704 persons, he said.

Bureau Report

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First Published: Monday, October 19, 2009, 21:22

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