Education loan is provided for the Sc group students for studying full time vocational/technical courses. National Scheduled class finance and development corporation is operated under the department of social justice and federal power.
This organization is providing the loan for the scheduled group students upto Rs.40,000 for the rural areas and upto Rs.55,000 for the urban areas for the full time vocational/technical courses.
SC Students who are studying Engineering, Medicine,Management,IT, Bio technology,Architecture,law,Nursing,Phd,CA or ICWA can apply for this loan.
The Maximum amount of Rs.10,00,000 is provided for the students studying in India and Rs.20,00,000 is provided for those who are studying in abroad.4% interest will be charged for the education loan per year.For girls it is 3.5%..
For more details visit www.nsfdc.nic.in