West Bengal Education Loan
West Bengal Education Loan
The Education Loan Scheme offers financial support to individuals aspiring to pursue professional courses such as Medical, Engineering, Management, Nursing, Law, etc. The loan amount can be a maximum of Rs.20 lakh for studies within the country and Rs.30 lakh for studies abroad. Repayment of the loan is structured with an interest rate of 3% per annum, and it begins in quarterly instalments six months after the completion of the course or upon employment, whichever comes first. It's important to note that the availability of funds determines the provision of the loan, making it a valuable resource for students aiming to achieve excellence in their chosen fields of study.
Documents Required
Eligibility Criteria

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

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
Other Requirements
Submission of Downloaded Application: After submitting the online application, download and sign the application form. The signed form should be handed over to the Education Supervisor during document verification. Joint Bank Account: Candidates and guardians should have a joint account, preferably in a national bank. Bank copies with signatures of both need to be provided. NACH (National Automated Clearing House): NACH needs to be signed by both the student and the guardian. Notarized Declaration Page: Declaration page, which has to be notarized, must be signed by the guardian. Consistent Family Income: Family income should remain the same in the application form and in the declaration page, which has to be notarized. Promissory Note and Money Receipt: Promissory note and money receipt must be signed by both the guardian and the candidate. Signatures should be on a revenue stamp.
How To Apply
Certainly! Step-by-step application process: 1. Visit Our Official Website. 2. Read carefully all the information about the program details. 3. Click on the "Register" to complete the registration with required details. 4. After successful registration, Use the received credentials to log into your account. 5. Once logged in & Go to the official website of the bank offering education loans. 6. Find the section related to education loans on the bank's website. 7. Locate the online application form for education loans on the website. 8. Fill out the online application form with accurate information. 9. Scan and upload the required documents as per the specifications provided on the website. 10. Review the information entered in the application form to ensure accuracy. 11. Once you are satisfied with the information provided, submit the online application form. 12. Upon successful submission, you may receive an acknowledgment or reference number for your application. Note: "As a free user," →'You're encouraged to share this valuable information with your friends to access the link properly'.
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The Education Loan Scheme offers financial support to individuals aspiring to pursue professional courses such as Medical, Engineering, Management, Nursing, Law, etc. The loan amount can be a maximum of Rs.20 lakh for studies within the country and Rs.30 lakh for studies abroad. Repayment of the loan is structured with an interest rate of 3% per annum, and it begins in quarterly instalments six months after the completion of the course or upon employment, whichever comes first. It's important to note that the availability of funds determines the provision of the loan, making it a valuable resource for students aiming to achieve excellence in their chosen fields of study.