IDBI Skill Loan Scheme
IDBI Skill Loan Scheme
Courses run by above mentioned Training Institutes aligned to National Skill Qualification Framework (NSQF) shall be covered by the Skill Loan. There is no minimum course duration. State Level Banker’s Committee/State Level Coordination Committee may add other skill development courses/programs having good employability
Documents Required
  • Documents in respect of Student-applicant: Age Proof & Proof of Identity and Address based on Officially Valid Document as per KYC norms Mark sheets from Class 10th onwards till the last qualifying examination, result of entrance exam Proof of admission secured: Offer Letter /Admission Letter from the Institution for the course. Schedule of expenses for the course Passport-size photographs Details of previous / existing loan, if any, from Banks/Lenders. Pan Card Aadhaar (mandatory for availing benefit of Govt. subsidy scheme) If eligible for benefit under Government subsidy scheme- relevant documents to be furnished Security documents if applicable Any other document as specified by Sanctioning Authority
  • Documents in respect of Co-applicant / Guarantor: Age proof, Proof of Identity, address and signature as per KYC norms Passport-size photographs Details of previous / existing loan, if any, from Banks/Lenders. Pan Card Employment or Business or Income Proof Asset liability state of co-applicant /guarantor for ascertaining Net worth, if applicable Income proof depending on profile – if income is considered for the purpose of calculation of loan eligibility. For availing the benefit of Government Subsidy schemes, Income certificate/ proof from the designated officials of the respective states/Competent Authority is mandatory before sanctioning of loan. Also relevant documentation formalities to be completed Any other document as specified by Sanctioning Authority to take the credit decision.
  • Eligibility Criteria
  • The applicant should be an Indian national.
  • Have secured admission in a course run by Industrial Training Institutes (ITIs), Polytechnics or in a school recognized by Central or State Education Boards or in a college affiliated to recognized university, training partners affiliated to National Skill Development Corporation (NSDC)/Sector Skill Councils, State Skill Mission, State Skill Corporation, preferably leading to a certificate / diploma/degree issued by such organization as per National Skill Qualification Framework (NSQF).
  • The Government of India / State Governments may, from time to time , notify institutes/organizations for the purpose
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    Medical
    Bachelors
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    Professional courses
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    $5000

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    Professional courses
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    Masters
    PHD
    Professional courses
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    7,50,000

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    Medical
    Bachelors
    Masters
    Professional courses
    Additional Information
    https://www.idbibank.in/pdf/el/Skill_Loan_Scheme.pdf
    How To Apply
  • 1. Steps to be followed:
  • 2. Visit our official website.
  • 3. Click on register
  • 4. Login and apply
  • 5. Fill the required details in the form
  • 6. Upload relevant documents
  • 7. Review and Submit the application.
  • loan

    IDBI Skill Loan Scheme
    SCHOLARSHIP PROVIDER
    IDBI Bank
    APPLICATION DEADLINE
    31 December
    EDUCATION LEVEL
    Engineering
    Bachelors
    Masters
    PG-Diploma
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    Courses run by above mentioned Training Institutes aligned to National Skill Qualification Framework (NSQF) shall be covered by the Skill Loan. There is no minimum course duration. State Level Banker’s Committee/State Level Coordination Committee may add other skill development courses/programs having good employability