Education Loan Scheme- Credit Line 2 for Minority Community
in Haryana
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Education Loan Scheme- Credit Line 2 for Minority Community in Haryana
Education Loan Scheme- Credit Line 2 for Minority Community is a government scheme available to eligible residents of Haryana.
Apply for Education Loan Scheme- Credit Line 2 for Minority Community in Haryana
Scheme Overview
The scheme is implemented by Haryana Backward Classes & Economically Weaker Sections Kalyan Nigam, aims to provide education loans to sections of minority population on the basis of "Creamy Layer". These loans support pursuing general/professional/technical courses at graduate levels or higher.
Eligibility Criteria
The applicant should be a permanent resident of Haryana.
The age of the applicant should be between 16 and 32 years.
The annual family income of the applicant should be between ₹98,001/- to ₹8,00,000/- (Rural Area) and ₹1,20,001 to ₹8,00,000/- (Urban Area).
The applicant should belong to a minority community, i.e., Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains.
The applicant should have obtained admission to any professional and technical course approved by an appropriate agency such as AICTE, Medical Council of India, UGC, etc., in a duly accredited/recognized institute.
The applicant must have secured a minimum of 50% marks in the qualifying exam i.e., the exam whose qualification is a pre-requisite for the course.
The applicant should have a Parivaar Pehchan Patra (PPP ID).
Benefits
Under this scheme, Nigam provides loans of up to ₹20,00,000/- for professional degree courses in India and up to ₹30,00,000/- for courses abroad, with an interest rate of 8% for males and 5% for females.
The education loans are provided for pursuing general/professional/ technical courses or training at the graduate and/or higher level to minority communities i.e. Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains.
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Required Documents
| # | Document |
|---|---|
| 1 | Identity/Citizenship proof i.e. Aadhaar Card |
| 2 | Proof of age |
| 3 | Resident Proof/Address Proof/Ownership Proof i.e. Haryana Domicile Certificate |
| 4 | Caste/Religion/Community Proof |
| 5 | Privaar Pahchan Patra (PPP ID) |
| 6 | Copy of PAN Card |
| 7 | Passport-size photograph of the applicant |
| 8 | Bank account details |
| 9 | Fee Structure |
| 10 | Admission Proof |
| 11 | Previous qualification certificate |
| 12 | Any other documents as required |
Common questions in Haryana
Who can apply for Education Loan Scheme- Credit Line 2 for Minority Community in Haryana?
Eligible residents of Haryana who meet the scheme’s overall criteria can apply for Education Loan Scheme- Credit Line 2 for Minority Community. Refer to the eligibility section above for the complete checklist.
What documents are required for Education Loan Scheme- Credit Line 2 for Minority Community in Haryana?
Applicants in Haryana typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
Applicants must be permanent residents of Haryana, aged between 16 and 32 years, and belong to a minority community (Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains).