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Education Loan

Various Education Loan Schemes of State and Central Govt. for the Students aspiring Higher Study.


West Bengal Student Credit Card Interest Subsidy Arrangement, 2021

Higher Education, ,

The arrangement provides interest subsidy to the extent that the students have to bear interest burden of only 4% p.a. at simple rate during the full period of the education loans without providing any collateral security and third-party guarantee, for pursuing education from class 10 onwards.

West Bengal Student Credit Card Scheme, 2021

Higher Education, ,

Students residing in West Bengal above 10 years. Loan will be available for undergraduate, postgraduate, doctoral and post-doctoral study in India or abroad. Students till the age of 40 years of age are eligible for the scheme.

Education Loan for Minority Students, 2016-17

Madrasah Education,

WBMDFC invites applications for Education Loan for the year 2016-17 from students belonging to Minority Communities. Last Date of submission is 31.10.2016.

Education Loan for Minority Students, 2015-16

Madrasah Education,

WBMDFC invites online applications for education loan for the year 2015-16 from students belonging to Minority Communities. Date of submission of hardcopy of online application is 15.07.2015 to 31.10.2015.

Various Schemes and Programmes for Minority Communities

Madrasah Education, , ,

Providing soft loans for self-employment enterprises, Education loan for pursuing professional courses, Stipend and Scholarship, Vocational courses etc.

Education Loan for Minority Students, 2014-15

Madrasah Education,

WBMDFC invites online applications for education loan for the year 2014-15 from students belonging to Minority Communities who are pursuing Technical/ Professional courses at UG/PG level or short term courses under recognized Institutes of West Bengal and other states of India.

Full Interest Subsidy on Educational Loans

Finance,

Government of India provides full interest-subsidy on educational loans for students with parental family income less than 4.5 lakh annually for the academic sessions 2009-10 onwards.

Online Application for Education Loan (SC Students) by NSFDC

BCWD,

90% of the expenditure of entire duration of the professional courses subject to maximum loan limit of up to Rs. 1.875 lakh/ per beneficiary per annum (for studying in India) and up to Rs. 3.75 lakh/ per beneficiary per annum (for studying abroad) shall be provided considering average duration of the course as four years. Balance 10% will have to be borne by the students.

Education Loan for Minority Students, 2013-14

Madrasah Education,

WBMDFC invites online applications for education loan for the year 2013-14 from students belonging to Minority Communities who are pursuing Technical/ Professional courses at Under Graduate/ Post Graduate level or short term courses under recognized Institutes of West Bengal and other states of India.

Eligibility Criteria for Schemes under WBMDFC

Madrasah Education, , ,

The members of Jain Community in West Bengal are eligible for getting benefits under the Schemes of Government of West Bengal only, implemented by the WBMDFC.
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