Ambedkar Central Sector Overseas Education Loan
Ambedkar Central Sector Overseas Education Loan
The scheme of Interest Subsidy on educational loans for overseas studies will promote educational advancement of students from Other Backward Classes and Economically Backward Classes.
Eligibility Criteria
i. The students should have secured admission in the approved courses at Masters, M.Phil or Ph.D levels abroad for the courses listed at Para14. ii. He/She should have availed loan from a scheduled bank under the Education Loan Scheme of the Indian Banks Association (IBA) for the purpose. iii. For the candidate applying under the OBC category, OBC Caste certificate in the prescribed Performa (as per Annexure) issued by the competent authority must be taken by the Banks.

Shree Patan Jain Mandal Education Loan
Shree Patan Jain Mandal Mumbai
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United Way Of Baroda Education Loan
United Way Of Baroda Foundation
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Masters

Goa Interest Free Education Loan
Goa Education Development Corporation (GEDC)
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Student Credit Card Free Loan Scheme
The Department Of Higher Education, Govt. Of West Bengal
₹ 10,00,000
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Paras Education Services Education Loan
Paras Education Services
Education Loan
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Engineering
Medical
Professional courses

Jain Jagruti Charitable Trust Education Loan
Jain Jagruti Charitable Trust
Education Loan
31 December
Engineering
Medical
Bachelors
Masters
Professional courses

Zalawadi Sabha Charitable Foundation Education Loan
Zalawadi Sabha Charitable Foundation
Education Loan
31 December
Engineering
Masters
PHD
Professional courses

Shree Patan Jain Mandal Education Loan
Shree Patan Jain Mandal Mumbai
Education Loan
31 December
All

United Way Of Baroda Education Loan
United Way Of Baroda Foundation
Education Loan
31 December
Bachelors
Masters

Goa Interest Free Education Loan
Goa Education Development Corporation (GEDC)
Education Loan
28 February
All

Student Credit Card Free Loan Scheme
The Department Of Higher Education, Govt. Of West Bengal
₹ 10,00,000
31 December
All

Paras Education Services Education Loan
Paras Education Services
Education Loan
31 December
Engineering
Medical
Professional courses

Jain Jagruti Charitable Trust Education Loan
Jain Jagruti Charitable Trust
Education Loan
31 December
Engineering
Medical
Bachelors
Masters
Professional courses

Zalawadi Sabha Charitable Foundation Education Loan
Zalawadi Sabha Charitable Foundation
Education Loan
31 December
Engineering
Masters
PHD
Professional courses
Additional Information
Rate of Interest Subsidy i. Under the scheme, interest payable by the students availing the education loans of the IBA for the period of moratorium (i.e. course period, plus one year or six months after getting job, whichever is earlier) as prescribed under the Education Loan Scheme of the IBA, shall be borne by the Government of India. ii. After the period of moratorium is over, the interest on the outstanding loan amount shall be paid by the student, in accordance with the existing Educational Loan Scheme as may be amended from time to time. iii. The candidate will bear the Principal installments and interest beyond moratorium period.
How To Apply
Steps to be followed: 1. Visit our official website. 2. Click on register 3. Login and apply 4. Fill the required details in the form 5. Upload relevant documents 6. Review and Submit the application.
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The scheme of Interest Subsidy on educational loans for overseas studies will promote educational advancement of students from Other Backward Classes and Economically Backward Classes.