Education Loan Scheme under NSKFDC- Haryana
in Haryana
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Education Loan Scheme under NSKFDC- Haryana in Haryana
Education Loan Scheme under NSKFDC- Haryana is a government scheme available to eligible residents of Haryana.
Apply for Education Loan Scheme under NSKFDC- Haryana in Haryana
Scheme Overview
This scheme offers educational loans of up to ₹10 lakhs for studies within India and up to ₹20 lakhs for studies abroad. These loans are available to eligible students pursuing regular full-time recognized professional/technical courses in India or abroad.
Eligibility Criteria
The applicant should be a permanent resident of Haryana.
The applicant's age should be between 18 and 55 years.
There is no income limit.
The applicant should be Safai Karamchari or his/her dependent.
The loan shall be provided to students for pursuing regular full time recognized professional/technical courses in India or abroad.
The Education loan for a particular student shall be made admissible only once either at Diploma/Graduation or Post Graduation Diploma/Post Graduation level. However, an Educational Loan shall be offered to a student who secures admission in any integrated course of a longer duration covering both levels.
**Note 1:** Permanent Safai Karamchari means a person engaged in, or employed for any sanitation work and includes his dependents.
**Note 2:** The applicant shall have to produce a Certificate of Safai karamchari or dependent of Safai karamchari from the head of the Government Departments (i.e. school, colleges, forest, health, education, animal husbandry having rank not less than Gazetted officer), elected members of municipal Body/corporation and pradhan of Gram panchayats, local revenue officer or the cantonment or an officer of the Railways not below the rank of gazette officer.
**Note 3:** NSFDC`s Educational Loan shall also be admissible for students of the target group who have secured admission to technical /professional courses prior to 01.12.2009 subject to the condition that they have not availed Educational Loan from any other institution.
Benefits
> **Maximum Loan Limit:**
For studies within India: **Up to ₹10,00,000/-** - For studies abroad: **Up to ₹20,00,000/-**
> **Recovery:**
Recovery (Principal & Interest) will commence after 6 months of completion of the course or getting employment, whichever is earlier. The loan will be repaid in 20 quarterly installments in 5 years from the date of first disbursement.
There would be a tag/maker on the Diploma/Degree of the student indicating his repayment liabilities.
**Note:** The Educational Loan, shall, however, be restricted to cover the admissible expenses for the remaining years of study on a pro-rata basis. Further, all Educational Loans shall be sanctioned & disbursed on a case-to-case basis.
Required Documents
| # | Document |
|---|---|
| 1 | A certificate from the Indian embassy Consulate on confirmation of admission given to the applicant |
| 2 | Aadhaar Card |
| 3 | Accreditation status of the Course for which loan is to be availed in case of abroad study |
| 4 | Accreditation status of the Educational institution for which the loan is to be availed |
| 5 | Adequate Qualification and Experience Documents |
| 6 | Approval or Clearance Certificate from Competent Authority if Required only above Loan Cases of ₹1,00,000/- |
| 7 | Copy of admission confirmation from an educational institute with fee and other charges payment schedule yearly |
| 8 | Copy of Foreign exchange permit if applicable |
| 9 | Copy of Identity card issued by the Institute if admission has already taken |
| 10 | Copy of passport or visa number etc. if studying abroad |
| 11 | Copy of school leaving certificate in support of date of birth |
| 12 | Copy of the prospectus of the course for which the loan is sought |
| 13 | Loan Application form duly filled up or SC Certificate |
| 14 | Residence Certificate issued by competent authority |
| 15 | Safai karamchari or Dependent of Safai karamchari Certificate issued by the competent authority |
| 16 | Any other documents as required |
Common questions in Haryana
Who can apply for Education Loan Scheme under NSKFDC- Haryana in Haryana?
Eligible residents of Haryana who meet the scheme’s overall criteria can apply for Education Loan Scheme under NSKFDC- Haryana. Refer to the eligibility section above for the complete checklist.
What documents are required for Education Loan Scheme under NSKFDC- Haryana 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
The loan is available to Safai Karamcharis or their dependents who are permanent residents of Haryana and are pursuing full-time recognized professional or technical courses in India or abroad.