1. Concept and Meaning of Education Loan Scheme The Education Loan Scheme is a structured financial product provided by banks to support students in pursuing higher education without immediate financial burden. It is a retail lending product and also falls under Priority Sector Lending. Retail Lending Segment Priority Sector Lending (PSL) Secured/Unsecured Loan depending on … Continue reading IIBF Bank Promotion | Education Loan Scheme for all scales