Any individual who has 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).
Minimum Qualification: As required by the enrolling institutions/ organizations as per NSQF.
To finance expenses related to pursuing select educational courses
Loans will be in the range of Rs. 5,000/- to Rs. 150,000/-.
Co-obligation of Parent/s, Grand Parent/s ( if parents are
Rate of Interest
Rate of Interest is linked to MCLR and subject to annual reset.
Simple interest will be charged during the initial repayment holiday period.