What is the loan limit for education under Priority Sector Lending (PSL) for studying in India and abroad respectively?

May 30, 2015 June 25, 2015

What is the loan limit for education under Priority Sector Lending (PSL) for studying in India and abroad respectively?
[A]Rs. 20 lakh, Rs. 10 Lakh
[B]Rs. 10 lakh, Rs. 20 Lakh
[C]Rs. 25 lakh, Rs. 25 Lakh
[D]Rs. 20 lakh, Rs. 25 Lakh

Rs. 10 lakh, Rs. 20 Lakh
Under Priority Sector Lending (PSL), the loans and advances granted to only individuals for educational purposes up to Rs.10 lakh for studies in India and Rs. 20 lakh for studies abroad.

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1 Comment

  1. niks

    June 18, 2015 at 9:54 pm

    Answer should be as 10 lakh and 20 lakh respectively. not 10 – 10 lakhs.

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