Eligibility:
- Must be an Indian National
- Must be over 18 years of age but within 30 years
- Secured admission to Professional/ Technical courses through Entrance Test/ Selection Process.
- No minimum qualifying marks.
Eligible Courses:
School Education/ Intermediate/ Graduation Courses/ Post Graduation Courses/ Professional
Courses: Engineering/ Medical/ Agricultural/ Veterinary/ Dental/ Physiotherapy/ Nursing/ Law/ Management/ PGDRIM/ ICWA/CA/CFA/IIM/ IIT/IISC/XLRI/NIFT and other courses approved by State/ Central Government.
All other courses leading to diploma/ degree etc., conducted by colleges/ universities approved by UGC/ Govt./ AICTE/ AIBMS/ ICMR etc., and offered by National Institutes and other reputed private institute.
Quantum of Finance: Need based finance subject to repaying capacity of the parents/ students with a maximum of Rs. 10.00 lacs.
Margin:
- Upto Rs. 4,00,000/- : NIL
- Above Rs. 4,00,000/- : 5%
Mode of Disbursement: The loan amount should be released in proportion to the number of years, depending upon the progress of the student. The scholar should produce a certificate from the competent authority for successful completion of academic year for further releases.
Comments
All Comments (0)
Join the conversation