Sarkari Yojana
Education Loan Scheme under NSFDC- Haryana
About Education Loan Scheme under NSFDC- Haryana
The “Education Loan Scheme under NSFDC” is run by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) together with the National Scheduled Castes Finance & Development Corporation (NSFDC). HSFDC was incorporated under the Companies Act, 1956 on 02.01.1971 and is fully government-owned, with the State Government holding 51% and the Government of India 49%. Eligible students enrolled in regular full-time recognised courses in India or overseas can borrow up to ₹10 lakhs for study in India and up to ₹30 lakhs for study abroad. > Objective of the Scheme:
- Providing loans to eligible scheduled caste students so they can take up full time professional /technical education.
The Education Loan is meant to cover:
- Admission and tuition fees.
- Books, stationery and other instruments needed for the course.
- Examination fees.
- Boarding and lodging costs.
- Premium for an insurance policy protecting loanees against the loan in the event of death or permanent disability.
- Travel expenses/passage money for overseas study.
- Caution money, development fund and similar charges.
Loans are routed through the state channelising agencies to the Government Recognised Educational Institutions where the students have been admitted. For foreign countries, only institutions properly recognised by the relevant authorities are considered. > Professional/Technical Courses Covered:
Regular full time recognised courses in engineering (Diploma/B.Tech/B.E., M.Tech/M.E.), Architecture (B.Arch/ M.Arch), Medical (MBBS/ MD/MS), Biotechnology/ Microbiology/ Clinical Technology (Diploma/ Degree), Pharmacy (B.Pharma/ M.Pharma), Dental (BDS,MDS), Physiotherapy (B.SC./ M.SC.), Pathology (B.SC./ M.SC.), Nursing (B.SC/ M.SC), Information Technology (BCA/MCA), Management (BBA/MBA), Hotel Management (BBA/MBA), Hotel Management & catering Technology (Diploma/ Graduation/ Post Graduation), Law (LLB,LLM), Education (CT/NTT/ B.Ed/M.Ed), Physical Education (C.PED/B.PED/ M.PED), journalism & Mass Communication (Graduation/Post Graduation), Geriatric care (Diploma/Post Graduation Diploma), Midwifery (Diploma), Laboratory Technician ( Diploma), Chartered Accountancy (CA), Cost Accountancy (ICWA), Company Secretary Ship(CS), Actuarial Sciences (Graduation/Post Graduation/FIA), Associate Member of Institute of Engineers (AMIE) and Institute of Electronics & Telecommunication, along with higher studies such as Doctoral Studies leading to M.Phil/PHD at recognised institutions.
Scheme Overview
State Government
Haryana Scheduled Castes Finance And Development Corporation
Individual
Scheme Details
Eligibility Requirements
To qualify for Education Loan Scheme under NSFDC- Haryana, applicants must satisfy the following conditions:
Only permanent residents of Haryana can apply
Only permanent residents of Haryana can apply.
The applicant must be from the Scheduled Caste…
The applicant must be from the Scheduled Caste Community.
Age must fall between 18 and 45 years
Age must fall between 18 and 45 years.
Family income per year must be no more…
Family income per year must be no more than ₹3,00,000/-.
The loan is for students in regular full-time…
The loan is for students in regular full-time recognised professional/technical courses in India or abroad.
A student can get the education loan only…
A student can get the education loan only once, at either the Diploma/Graduation level or the Post Graduation Diploma/Post Graduation level. A student admitted to an integrated course of longer duration spanning both levels may, however, be given the loan. Note 1: Half (50%) of the beneficiaries are those with yearly family income up to ₹1,50,000/-, and the other 50% are those with yearly family income above ₹1,50,000/- and up to ₹3,00,000/-. Note 2: Students from the target group admitted to technical /professional courses before 1.12.2009 may also get NSFDC's Educational Loan, provided they have not taken an Educational Loan from any other institution.
Benefits Provided
Education Loan Scheme under NSFDC- Haryana provides the following benefits to eligible applicants:
Maximum Loan Limit:
Study in India
Study in India: Up to ₹10,00,000/-
Study abroad
Study abroad: Up to ₹30,00,000/- Recovery:
Repayment of principal and interest starts 6 months…
Repayment of principal and interest starts 6 months after the course ends or after the student finds a job, whichever happens first. The loan is cleared in 20 quarterly instalments across 5 years counted from the first disbursement.
The student's Diploma/Degree will carry a tag/marker showing…
The student's Diploma/Degree will carry a tag/marker showing the repayment liability. Note: The loan is limited to the admissible expenses of the remaining years of study on a pro-rata basis, and every Educational Loan is sanctioned and disbursed case by case.
Documents Required
Applicants should keep the following documents ready before starting the application:
Certificate from the Indian embassy/Consulate confirming the applicant's…
Certificate from the Indian embassy/Consulate confirming the applicant's admission
Aadhaar identity card
Aadhaar identity card
Parivar Pehchaan Patra (PPP ID)
Parivar Pehchaan Patra (PPP ID)
Proof of residence/address, such as the Ration Card
Proof of residence/address, such as the Ration Card
Accreditation status of the course being financed, for…
Accreditation status of the course being financed, for study abroad
Accreditation status of the educational institution being financed
Accreditation status of the educational institution being financed
Documents showing adequate qualifications and experience
Documents showing adequate qualifications and experience
Approval or clearance certificate from the competent authority,…
Approval or clearance certificate from the competent authority, needed only for loans above ₹1,00,000/-.
Admission confirmation from the institute with its yearly…
Admission confirmation from the institute with its yearly schedule of fees and other charges
Foreign exchange permit copy, where applicable
Foreign exchange permit copy, where applicable
Copy of the institute-issued identity card if already…
Copy of the institute-issued identity card if already admitted
Passport or visa number details, etc., for study…
Passport or visa number details, etc., for study abroad
School leaving certificate copy as proof of date…
School leaving certificate copy as proof of date of birth
Copy of the prospectus for the course being…
Copy of the prospectus for the course being financed
Certificate of income
Certificate of income
Completed loan application form or SC Certificate
Completed loan application form or SC Certificate
SC Certificate issued by the competent authority
SC Certificate issued by the competent authority
Any additional documents that may be needed
Any additional documents that may be needed
How to Apply
Online Application
Applicants can apply for Education Loan Scheme under NSFDC- Haryana through the online application process outlined below.
Registration Process on Haryana Scheduled Castes Finance and Development Corporation:
Open the official website of the Haryana Scheduled…
Open the official website of the Haryana Scheduled Castes Finance and Development Corporation and choose the scheme listed under ‘Bank Tie-up Scheme’.
Select "Apply for Loan" to start registering
Select "Apply for Loan" to start registering.
Provide your name, Aadhaar number, email, mobile number…
Provide your name, Aadhaar number, email, mobile number and the captcha code, then press "Register".
Type the OTP received on your mobile and…
Type the OTP received on your mobile and press "Submit".
The application form opens
The application form opens.
Fill in your details and upload the necessary…
Fill in your details and upload the necessary documents.
Press "Submit" to finish; your user ID and…
Press "Submit" to finish; your user ID and password will be sent to you. Login to apply for the scheme:
Open the official website of the Haryana Scheduled…
Open the official website of the Haryana Scheduled Castes Finance and Development Corporation and choose ‘Login’ on the home page.
Type your user ID/Username, password and captcha code
Type your user ID/Username, password and captcha code.
Press "Login"
Press "Login".
On the dashboard that appears after login, select…
On the dashboard that appears after login, select "Edit Profile".
Add surety details, upload the necessary documents and…
Add surety details, upload the necessary documents and update the remaining information.
Press "Final Submit"
Press "Final Submit".
Once submitted, print a copy of the application…
Once submitted, print a copy of the application for your records. Registration Process on Antyodaya-SARAL Portal:
Eligible applicants can also apply online on the…
Eligible applicants can also apply online on the official Antyodaya-SARAL Portal.
Applicants not yet registered on the portal must…
Applicants not yet registered on the portal must register first.
To register, select “New User” under ‘Sign In…
To register, select “New User” under ‘Sign In Here’ and enter the mandatory details, namely Name, Email ID, Mobile Number, Password & State, then press ‘Submit’.
Confirm your mobile number and email ID with…
Confirm your mobile number and email ID with the OTP received to complete registration. Login to apply for the scheme: Step 1: Open the official Antyodaya-SARAL Portal and sign in with the email ID used at registration.
Type the Password & Captcha and press ‘Login’
Type the Password & Captcha and press ‘Login’.
After logging in, select ‘Apply for Services’ and…
After logging in, select ‘Apply for Services’ and then ‘View all Available Services’
Search for the scheme and click it to…
Search for the scheme and click it to open the application form.
Complete the mandatory fields and upload the mandatory…
Complete the mandatory fields and upload the mandatory documents.
Preview the form and press ‘Submit’
Preview the form and press ‘Submit’. Tracking of Application: Application status can be checked on the official Antyodaya-SARAL Portal by entering the Department Name, Scheme Name and Application Reference ID.
Offline Application
Applicants can apply for Education Loan Scheme under NSFDC- Haryana through the offline application process outlined below.
Application Process
Eligible students can apply through the Corporation's District Managers in the State, attaching proof of admission to recognised regular full-time professional/ technical courses.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.