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