Education Loan Scheme of the NBCFDC

Posted By educratsweb.comScholorship 🗓 Friday June 7 2019 👁 485

     Education Loan Scheme of the NBCFDC

Education Loan Scheme of the NBCFDC

NBCFDC provides Educational Loans to the students of Backward Classes living below double the poverty line for pursuing general/ professional/technical courses or trainings at graduate and/or higher levels. Maximum loan limit in India is Rs.10 lakh and abroad is Rs.20 Lakh. The rate of interest is 4% p.a. and girl students will get at special concessional rate of interest @ 3.5% p.a.

NBCFDC loan : 90% for study in India and 85% for study abroad.

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