Padho Pradesh Education Loan Scheme
This scheme aims to offer 100% interest subsidy on the education loan of meritorious students who belong to Economically Weaker Section (EWS) to enhance their employability.
section 2(c) of the National Commission for Minorities Act, 1992
, these communities are Muslims, Christians, Sikhs, Buddhists and Parsis.
The eligibility criteria of this scheme are as follows: 1. Should have a secure admission in a Master's or PhD abroad.
2. Their total family income should not be more than INR 6 Lakh per annum. 3. Loan should be taken from a bank scheduled under the Educational Loan Scheme of the Indian Bank Association.
The maximum amount granted by the authorities is INR 20 Lakhs.
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