Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
The cost of borrowing money or the yield on investments is known as interest. You give the lender interest when you borrow money. However, you get interest on your savings. It’s essential for efficiently managing savings and debt.
Yes, with approval from the competent authority, students can extend the moratorium period under the scheme. For more details, visit: Official Link
Yes, with approval from the competent authority, students can extend the moratorium period under the scheme.
For more details, visit: Official Link
See lessIf the student is employed, their own income will be considered for eligibility. Parental income is taken into account only if the student is unemployed or on sabbatical without receiving a salary. Learn More
If the student is employed, their own income will be considered for eligibility. Parental income is taken into account only if the student is unemployed or on sabbatical without receiving a salary.
See lessThe maximum eligible loan component is the actual loan taken, subject to a maximum of Rs. 20.00 lakh for the purpose of interest subsidy. Link: Dr. Ambedkar Central Sector Scheme
The maximum eligible loan component is the actual loan taken, subject to a maximum of Rs. 20.00 lakh for the purpose of interest subsidy.
Link: Dr. Ambedkar Central Sector Scheme
See lessYes, the Ministry of Social Justice and Empowerment monitors the performance of the scheme. Learn more here
Yes, the Ministry of Social Justice and Empowerment monitors the performance of the scheme.
The Central List (state-wise/UT-wise) of OBCs is available on the National Commission for Backward Classes (NCBC) website (www.ncbc.nic.in). Link: Dr. Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies for OBCs & EBCs
The Central List (state-wise/UT-wise) of OBCs is available on the National Commission for Backward Classes (NCBC) website (www.ncbc.nic.in).
See lessThe Nodal Bank implements this scheme as per the Memorandum of Understanding (MoU) between the Banks and the Ministry of Social Justice & Empowerment. Link to the Scheme Details
The Nodal Bank implements this scheme as per the Memorandum of Understanding (MoU) between the Banks and the Ministry of Social Justice & Empowerment.
See lessYes, various disciplines, including Arts/Humanities/Social Sciences, Engineering, Medical, and more are covered. The list of subjects can be amended from time to time. Link: Dr. Ambedkar Central Sector Scheme
Yes, various disciplines, including Arts/Humanities/Social Sciences, Engineering, Medical, and more are covered. The list of subjects can be amended from time to time.
Link: Dr. Ambedkar Central Sector Scheme
See lessYes, minor modifications or changes with no financial implications can be made by the Competent Authority. Learn More
Yes, minor modifications or changes with no financial implications can be made by the Competent Authority.
See lessYes, at least 50% of the total allocation is reserved for female students under the Dr. Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies. However, if there is insufficient demand from female applicants, the reserved funds may be allocated to male students.Read more
Yes, at least 50% of the total allocation is reserved for female students under the Dr. Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies. However, if there is insufficient demand from female applicants, the reserved funds may be allocated to male students.
For more details, visit: Official Scheme Link
See less
"Meritorious students" are those who have secured admission in accredited universities/institutions abroad, subject to fulfilling other eligibility criteria and conditions. Priority is given to students who have completed their qualifying education at government universities/institutions before takiRead more
“Meritorious students” are those who have secured admission in accredited universities/institutions abroad, subject to fulfilling other eligibility criteria and conditions. Priority is given to students who have completed their qualifying education at government universities/institutions before taking admission abroad.
More details
See less