Study Loan
Under this scheme, the corporation provides education loans to SC/ST students who are studying professional/technical courses in recognized institutions.
| Maximum Loan Limit |
Rs.1,00,000/- for a full course of five years.
|
| Rate of Interest |
Interest-Free upto Rs 75,000/-
|
| Repayment Period |
5 years. Repayments start after starting a job/business two years or after completion of the course whichever is earlier. |
| Source of Finance |
Direct by HPSC&STDC. |
Courses of Study
- i. Degree/Diploma Courses in Engineering.
- ii. B.Ed./ J.B.T.
- iii. Medical Courses like M.B.B.S./B.A.M.S./Nursing etc.
- iV. L.L.B., M.B.A., M.C.A., and Ph.D., etc.
Eligibility Criteria
- 1. Members of Scheduled Caste or Scheduled Tribe family who is bonafide Resident of Himachal Pradesh.
- 2. Annual Family Income Maximum Rs.3,00,000/-p.a.
- 3. Applicant should be a regular student of a recognized Institution/University.
- 4. Applicant should not be a defaulter of any Financial Institution/Bank.
Education Loan Scheme In Collaboration With NSFDC/NSTFDC/NSKFDC
| Maximum Loan Limite |
Rs.10,00,000/- (Within the Country)
Rs.20,00,000/- (Abroad Study)
|
| Rate of Interest |
The Rate of Interest will be decided by the APEX Corporations.
|
| Repayment Period |
5 years Repayment starts after 6 months of completion of the course or getting a job/employment, whichever is earlier. |
| Source of Finance |
Collaboration with NSFDC/NSTFDC/NSKFDC
|
Courses of Study
- i. Full Time Professional/ Technical Courses in fields of; Engineering, Medical, Dental, Management, Information & Technology, Hotel Management, architecture, Physiotherapy, Bio-Technology, Law and Journalism, etc.
- ii. Professional Courses like Law, Journalism, C.A/ ICWA/CS/AMIA/FIA/IETE, etc.
Eligibility Criteria
- 1. Members of Scheduled Caste or Scheduled Tribe family who is bonafide Resident of Himachal Pradesh.
- 2. Annual Family Income Maximum Rs.3,00,000/-p.a.
- 3. Applicant should be a regular student of a recognized Institution/University.
- 4. Applicant should not be a defaulter of any Financial Institution/Bank.
