सामाजिक न्याय विभागाचे फेसबुक पेजकौशल्य विकास / व्यवसाय शिक्षण यासाठी कर्ज योजना
OBJECTIVE
The scheme aims at providing financial support to those eligible PwDs who, have the minimum educational qualification, as required by the institution/organization running the vocational education or Training course eligible under the scheme.
Implementation of the scheme
The scheme will be implemented through State Channelizing Agencies of NHFDC and the Banks, RRBs and other institution with whom NHFDC has signed an agreement.
ELIGIBILITY CRITERIA OF PwD
As per the criteria of Education Loan scheme of NHFDC
Courses Eligible
Vocational / Skill development courses of duration from 2 months to 3 years run or supported by a Ministry/Dept./Organisation of the Govt. or a company/ society/ organization supported by National Skill Development Corporation or State Skill Missions / State Skill Corporations, preferably leading to a certificate/diploma/degree, etc. issued by a Govt. organization or an organization recognized/authorized by the Govt. to do so. State Level Bankers Committee (SLBC)/State Level Coordination Committee (SLCC) may add other skill development courses/programmes, having good employability.
Minimum Age
18 years as on the date of application
QUANTUM OF FINANCE
Need based finance to meet expenses of upto Rs 2.00 lakhs.
EXPENSES CONSIDERED FOR LOAN
- Tuition / course fee .
- Examination / Library / Laboratory fee
- Caution deposit
- Purchase of books, equipments and instruments
- Any other reasonable expenditure found necessary for completion of the course.
- Boarding Lodging
- Necessary aids and appliances required for completion of course, on need basis.
MARGIN :
NilRATE OF INTEREST :
As per education loan scheme of NHFDC.PROCESSING CHARGES :
NilSECURITY
No collateral or third party guarantee will be taken. However, the parent will execute loan document alongwith the student borrower as joint borrower.
MORATORIUM PERIOD
Upon completion of the course, repayment will start after a moratorium period as
indicated below :
- For courses of duration upto 1 year - 6 months from the completion of the course
- For courses of duration above 1 year - 12 months from the completion of the course
REPAYMENT :
upto 7 years after commencement of the repaymentINSURANCE :
Optional at the requirement of the borrower.PREPAYMENT
The borrower can repay the loan any time after commencement of repayment without having to pay any prepayment charges.
OTHER TERMS & CONDITIONS
Other terms and conditions as applicable to the NHFDC Educational Loan Scheme for pursuing higher education in India & Abroad” will be applicable to this scheme also.