At the Installation Ceremony of Rtn.Aslam Merchant as President of Rotary Club of Bombay West held on 22nd June, 2016, the Chief Guest Rtn.Gopal Rai Mandhania, District Governor, Rotary International District 3141 released a book titled GUIDE TO EDUCATION & SKILL LOANS FROM BANKS IN INDIA.
This informative booklet compiled by Rtn.Aslam, a retired Banker, contains all that a student or parent would like to know about the loan facilities available from Banks in India as well as the subsidies and incentives made available by Government of India to encourage higher studies and skill education.
Its contents include details about the model education loan and skill loan schemes formulated by Indian Banks Association and implemented by all the major Banks in India, Govt.of India's Interest Subsidy Scheme and other incentives linked to Education Loans and Padho Pardesh Scheme for Minorities.
Rotary Club of Bombay West plans free distribution of these books to the student community as well as to Junior Colleges in Mumbai for their libraries. Also, few copies of the Book will be sent to all the Rotary Clubs in Rotary International District 3141 as well as the neighbouring District 3142 for considering creating awareness in their neighbourhood.