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Home / EDUCATIONAL LOAN SCHEME(ELS)
This scheme is under National Scheduled Castes Finance and Development Corporation
Educational Loan SchemeHigher Education LoanNSFDC Education LoanProfessional Course LoanStudent Loan India

EDUCATIONAL LOAN SCHEME(ELS)

Scheme Project Cost Maximum Loan limit up to 90% of Project Cost Interest Rate p.a. for Repayment Period Moratorium Period
CAs Beneficiary
SCHEMES TO BE IMPLEMENTED THROUGH SCAs / PSBs / RRBs
EDUCATION LOAN
Educational Loan Scheme (ELS) Education Loan Scheme (Domestic & Abroad) Upto Rs. 40.00 Lakh or 90% of course fee, whichever is less 2.5% 6.5% Upto 12 years where repayment has not started. Upto 10 years, where loan disbursed and repayment started Course period plus 01 year, where repayment has not started. Upto 6 months, where loan disbursed and repayment started.

Professional/Technical Courses Covered:

Educational Loan shall be provided to eligible students for pursuing regular full time Professional / Technical recognized courses approved by the Government in the following fields in India or abroad :

  1. Engineering (Diploma/ B.Tech /B.E, M.Tech/M.E.)
  2. Architecture (B.Arch/M.Arch)
  3. Medical (MBBS/MD/MS)
  4. Biotechnology/Microbiology/Clinical Technology (Diploma/Degree)
  5. Pharmacy (B.Pharma/M.Pharma)
  6. Dental (BDS/MDS)
  7. Physiotherapy (B.Sc./M.Sc.)
  8. Pathology (B.Sc/M.Sc.)
  9. Nursing (B.Sc./M.Sc.)
  10. Information Technology (BCA/MCA)
  11. Management (BBA/MBA)
  12. Hotel Management & Catering Technology (Diploma /Graduation/Post Graduation)
  13. Law (LLB/LLM)
  14. Education (CT/NTT/B.Ed/M.Ed)
  15. Education (CT/NTT/B.Ed/M.Ed)
  16. Physical Education (C.PEd./B.PEd/ M.PEd)
  17. Journalism & Mass Communication (Graduation/Post Graduation)
  18. Geriatric Care (Diploma/Post Graduate Diploma)
  19. Midwifery (Diploma)
  20. Laboratory Technician (Diploma)
  21. Chartered Accountancy (CA)
  22. Cost Accountancy (ICWA)
  23. Company Secretaryship (CS)
  24. Actuarial Sciences (Graduation/ Post Graduation/FIA)
  25. Associate Member of Institute of Engineers (AMIE) and Institute of Electronics & Telecommunication

Higher education like Doctoral Studies leading to M.Phil/PhD from recognized institutions. 

 

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