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The 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 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 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, if the degree is awarded by a foreign university, the course is eligible for interest subsidy under the Dr. Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies. For more details, visit: Official Scheme Link
Yes, if the degree is awarded by a foreign university, the course is eligible for interest subsidy under the Dr. Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies.
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.
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.
No, only candidates from the Central List of OBCs are eligible for the interest subsidy. Learn more
No, only candidates from the Central List of OBCs are eligible for the interest subsidy.
See lessThe income certificate submitted during the loan application is treated as proof of annual income, and subsequent changes in income do not affect eligibility. Learn more
The income certificate submitted during the loan application is treated as proof of annual income, and subsequent changes in income do not affect eligibility.
See lessThe 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).
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Yes, the financial and physical performance of the scheme is periodically evaluated through studies conducted by reputed institutions/agencies. Learn More
Yes, the financial and physical performance of the scheme is periodically evaluated through studies conducted by reputed institutions/agencies.
Learn More
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