Sarkari Yojana
Comprehensive Educational Loan Scheme – Sikkim
About Comprehensive Educational Loan Scheme – Sikkim
The Department of Personnel, and Reforms, Training, Public Grievances, Government of Sikkim, introduced the “Comprehensive Educational Loan Scheme”. It gives students interest-free loans for the length of one specific course, with a one-year moratorium for every beneficiary. Special consideration goes to students from below-poverty-line families who are taking professional courses at recognised institutions in India or abroad.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for Comprehensive Educational Loan Scheme - Sikkim, applicants must satisfy the following conditions:
Applicants must be students
Applicants must be students.
Annual family income must be no more than…
Annual family income must be no more than ₹2,50,000/- for study within India and ₹5,00,000/- for study abroad.
The chosen institution, in India or overseas, must…
The chosen institution, in India or overseas, must be recognised by the appropriate authority in India.
Only one person per family can benefit, except…
Only one person per family can benefit, except in Below Poverty Line (BPL) families.
For study in Sikkim, only members of Below…
For study in Sikkim, only members of Below Poverty Line (BPL) families are considered. Note: The children of Government/Public Sector Undertaking employees can also apply.
Benefits Provided
Comprehensive Educational Loan Scheme - Sikkim provides the following benefits to eligible applicants:
For full-time professional courses in Sikkim, the loan…
For full-time professional courses in Sikkim, the loan can go up to ₹5,00,000/-
For study elsewhere in India the loan is…
For study elsewhere in India the loan is ₹7,50,000/-, and for study abroad it is ₹15,00,000/-. Note: If the student drops out or the loanee dies, the co-applicant must repay the whole loan within a period of no more than one year.
Documents Required
Applicants should keep the following documents ready before starting the application:
A family income certificate attested by the District…
A family income certificate attested by the District Collector.
Evidence of admission to a recognised institution
Evidence of admission to a recognised institution.
An affidavit declaring that the applicant is not…
An affidavit declaring that the applicant is not employed.
Certification of project viability and technical feasibility
Certification of project viability and technical feasibility.
How to Apply
Offline Application
Applicants can apply for Comprehensive Educational Loan Scheme - Sikkim through the offline application process outlined below.
Visit the Sikkim Industrial Development & Investment Corporation…
Visit the Sikkim Industrial Development & Investment Corporation during office hours and ask the staff who handle applications for a printed copy of the prescribed form.
Complete all mandatory fields and attach copies of…
Complete all mandatory fields and attach copies of the required documents (self-attested where needed).
Hand in the completed, signed form with the…
Hand in the completed, signed form with the documents at the Sikkim Industrial Development & Investment Corporation.
Obtain a receipt or acknowledgment from the Sikkim…
Obtain a receipt or acknowledgment from the Sikkim Industrial Development & Investment Corporation, checking that it shows the date and time of submission and a unique identification number (if applicable).
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.