Interesting question.However,if you look at the text of Sec 80E,posted in reply to a previous question,you will see that the loan should be taken from an approved charitable institution or any financial institution.Financial institution means a banking company to which Banking Regulation act applies or any other institution which the Central Government notifies by putting in official gazette,including any bank or banking institution referred to in Sec 51 of the Banking Regulation act.In view of the above,I do not think that the benefit will be available.This is only an inference that I draw by reading Sec 80E.
