New Akanksha Scheme (Educational Loan) (GNDTDC)
Under the scheme, educational loans of up to ₹10 lakh are provided to students belonging to Nomadic and Denotified Tribes communities for pursuing higher professional and technical education at the graduate and postgraduate levels.
About This Scheme
Benefits
₹10.0 L
1. Loan Amount: The maximum loan limit for this scheme is up to ₹10,00,000/-.
2. Included Expenses: The loan amount will include the following:
Admission and tuition fees
Expenses for books, uniforms, essential materials, and exam fees
Accommodation and food expenses
Insurance – Policy premium
3. Interest Rate:
4% per annum for male students
3.5% per annum for female students
4. Contribution:
90% contribution from the Central Corporation,
5% from the State Government,
5% from the beneficiary
5. Repayment Period:
The loan will have to be repaid in 60 equal monthly installments including interest.
The loan will be recovered within 6 months of completion of the course or upon getting a job, whichever is earlier.
Required Documents
- ✦Aadhaar Number
- ✦Ration Number
- ✦Voter ID (Voter Identification Number)
- ✦Income Certificate
- ✦Educational Qualification Certificates (SSC, HSC, Diploma, Degree, Graduation)
- ✦University Information
- ✦Accreditation Proof (from the authority that accredited the course/institution)
- ✦Hostel Details (if applicable)
- ✦Admission Fee Details (for the entire course)
- ✦Tuition Fee Details
- ✦Examination Fee Details
- ✦Hostel Fee Details (Boarding and Food Expenses for the entire course)
- ✦Estimated Cost of Books, Stationery and Other Materials required for the course
- ✦Other Fees Details
- ✦Bank Account Details
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹10.0 L