Loan Based Schemes For Safai Karamchari - Education Loan
in Karnataka
Last updated:
Key dates and updates (Karnataka)
Nationwide and Karnataka-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Loan Based Schemes For Safai Karamchari - Education Loan in Karnataka
Loan Based Schemes For Safai Karamchari - Education Loan is a government scheme available to eligible residents of Karnataka.
Apply for Loan Based Schemes For Safai Karamchari - Education Loan in Karnataka
Scheme Overview
The scheme aims to provide education loans to the students from the community of safai karamcharis\manual scavengers & their dependents for pursuing higher education.
Eligibility Criteria
> **The following person(s)/entities shall be considered eligible for availing of financial assistance under the various schemes of NSKFDC:-**
Safai Karamcharis (including Waste pickers), identified Manual Scavengers and their dependents.
Registered co-operative societies of the target group.
Legally constituted association/firm promoted by the target group, and
Persons, who produce a certificate from local Revenue Officer/local Municipal Officer/Cantonment Executive Officer/ Railway Officer, Head of the Govt. Departments (i.e. Schools, Colleges, Forest, Health, Education, Animal Husbandry) having rank not less than Gazetted Officer, Elected Members of the Municipal Body, Pradhan of Gram Panchayats, and Regional Managers of Regional Rural Banks (RRBs)/Public Sector Banks (PSBs). However, under the MS Act, 2013, a person identified as a Manual Scavenger in a survey, need not provide any certificate once his/her name appeared in the final list of Manual Scavengers prepared by State Governments/Union Territory Administration .
Mukhia/ Sarpanch/ President or any other authority equivalent to Pradhan of Gram Panchayat for the issue of Occupation Certificate to Safai Karamcharis/ dependents; and In case of Municipal Bodies without Gazetted Officers, the head of such Municipal Bodies, maybe the Competent Authority.
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Benefits
Note: The interest on an education loan (for study in India) is reimbursable under the scheme of Ministry of Education , Government of India to the beneficiaries whose family annual income is upto 4.50 lac per annum.
5 years after the co-termination of the course. However, the interest is payable on a quarterly basis from the disbursement of the loan.
1 Year
Education loan may cover the following:-
Admission Fees & Tuition Fee.
Books, stationery, and other instruments required for the course.
Examination Fee.
Boarding and lodging expenses.
Insurance premium for the policy.
Required Documents
| # | Document |
|---|---|
| 1 | Aadhaar Card |
| 2 | Income certificate |
| 3 | Caste certificate |
| 4 | Bank account statement |
| 5 | Educational Certificates |
How to Apply in Karnataka
Loan applications are submitted by the applicants to the district offices of SCAs of NSKFDC of RRBs and Nationalised Banks. These applications are then sent to the head offices where the project proposal is appraised by SCA/RRBs/Nationalised Banks…
Offline — https://nskfdc.nic.in/en/content/home/list-channelizing-agencies Loan applications are submitted by the applicants to the district offices of SCAs of NSKFDC of RRBs and Nationalised Banks. These applications are then sent to the head offices where the project proposal is appraised by SCA/RRBs/Nationalised Banks and the projects are sent back to NSKFDC along with recommendations. The Project Appraisal Committee of NSKFDC then appraises the proposals and after finding them in order places it in front of their board of directors for their approval. Once the board of directors approves the project, the letter of sanction is issued by SCAs/ RRBs/Nationalised Banks. Once all the terms and conditions have been accepted, the necessary documents and funds are then released to the concerned beneficiaries. NSKFDC released the funds with the receipt of demand being made from the SCAs/ RRBs/Nationalised Banks after taking into consideration all the parameters of release as per the Lending Policies & Guidelines (LPG) of NSKFDC
Common questions in Karnataka
Who can apply for Loan Based Schemes For Safai Karamchari - Education Loan in Karnataka?
Eligible residents of Karnataka who meet the scheme’s overall criteria can apply for Loan Based Schemes For Safai Karamchari - Education Loan. Refer to the eligibility section above for the complete checklist.
What documents are required for Loan Based Schemes For Safai Karamchari - Education Loan in Karnataka?
Applicants in Karnataka typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Loan Based Schemes For Safai Karamchari - Education Loan?
Key dates are summarized in the table on this page, from 1 October 1997 through 1 October 1997, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
Individuals belonging to the Safai Karamchari community (including waste pickers), identified manual scavengers, and their dependents aged **18 years and above** are eligible. Co-operative societies or associations promoted by them can also apply.