wbscstcorp.gov.in WBSCSTDFC How to apply for Education Loan for SC students : NSCFDC

  
  1. EDUCATION LOAN SCHEME FOR SC STUDENTS – WEST BENGAL SCHEDULED CASTES & SCHEDULED TRIBES DEVELOPMENT AND FINANCE CORPORATION – NSCFDC


    National Scheduled Caste Finance and Development Corporation ( NSCFDC) has launched an Education Loan Scheme to Scheduled Caste students for practising Full Time Professional and Technical and Higher Education.

    West Bengal Scheduled Castes & Scheduled Tribes Development and Finance Corporation (WBSCSTDFC) expand the loan scheme to suitable Scheduled Castes students for pursuing full-time professional / technical / higher education under "Education Loan Scheme" of NSFDC.

    Eligibility Criteria :
     Applicant must be Domicile of West Bengal state.
     Student must hold the Scheduled Caste Certificate which is issued by the SDO/ADM.
     The students family income must not be more than Rs. 81,000/- (eighty one thousand) per annum in Rural Areas and Rs. 1,03,000/- (one lac three thousand) per annum in Urban Areas.
     The student must have taken secured admission to the Educational Institution on the basis of JEE/CAT etc.

    Professional / Technical Courses:
    Full time professional / Technical courses in the fields of Engineering, Architecture, Medical, Dental, Physiotherapy, Management, Information Technology, Hotel Management & Catering Technology, Biotechnology, Law Education Journalism & Mass Communication CA ICWA CS AMIE FIA IETE & Higher Education like Doctoral Studies leading to M.Phil/ PhD from Government Recognized Institutions

    Loan provided by NSFDC- Maximum Loan :
    @>> The students will get upto Rs. 10,00,000/- (ten lacs) for Studies within India
    @>> The students will get upto Rs. 20,00,000/- (twenty lacs) for Studies in Abroad

    @>> NSFDC will provide 90% of the expenditure of complete duration of the professional courses. Maximum loan limit of up to Rs. 1.875 lakh per annum will be given to per beneficiary for studying in India and maximum loan limit of upto Rs. 3.75 lakh per annum per beneficiary will be provided for studying in abroad average duration of the course as 4 years. Balance 10% of expenditure will bear by the students only.

    EXPENSES COVERED
    • Admission Fees & Tuition Fees.
    • Boarding & Lodging expenses.
    • Book bank/ Library Fees.
    • Soft Skill Development Fees.
    • Caution Money (College & Hostel).
    • Development Fees.
    • Examination Fees.
    • Games & Sports etc.

    RATE OF INTEREST
    4% per annum
    3.5% in case of women Beneficiaries

    RECOVERY
    Recovery (Principal and Interest) will begin after 6 months of completion of course or getting employment, whichever is earlier. The loan will have to be repaid in 20 quarterly instalments during a period of 5 years of time. The total currency of loan shall not exceed 10 years from the date of first payment.
    Mark/ Indicator
    There would be a tag or marker on the Diploma/ Degree of the Loaned Student indicating his/ her repayment liabilities to the NSFDC.

    LOAN AGREEMENT
    The eligible applicant and his / her Guardian will have to sign a Memorandum of Agreement with WBSCSTDFC detailing terms and conditions of the loan and its repayment.
    Applicant must have to accept that he/she has not availed any education loan from elsewhere and is also not getting any scholarship / concession / stipend from the Institution / Government or any other sources.

    The applicant can get the online application form and additional details from the website www.wbscstcorp.gov.in

    Required Documents :

     Application form must be signed by the applicant and his / her Father/Mother/Guardian as co-loanee.
     2 copies of recent 3.5X3.5 cm size colored photographs
     Attach a Original & photocopy copy of Schedule Caste Certificate issued by the SDO/ADM.
     Income Certificate – Applicant can submit the Certificate issued by Prodhan, Sabhapati, Chairman of Municipality, Municipal Councillor, Block Development Officer, Sub-Divisional Officer, Additional District Magistrate, Any Gazetted officer, MP, MLA.
     Student need to submit copy of Ration Card, Voter’s ID Card, Electricity/ Telephone Bill, Passport, Pass Book issued by Any Nationalised Bank.
     Proof of residence – Certificate issued by appropriate authority
     Certification by the Institute in prescribed format duly signed and bearing seal of the Institute

    Guidelines for the Students:

     The student must have go through the Terms & Conditions before applying for the Loan Scheme.
     The applicant must have submit their application form only through online mode. Offline mode will not be accepted.
     Student must have fill in the mandatory fields marked * carefully
     Student can select the Institute through drop-down menu. There is no provision for entering new institute name. If the institute of your choice is not available please get in touch through help line.
     The applicant can generate password for future reference.
     Student must have remember to enter the security code in the space provided.
     Student will get the Acknowledgement ID after submission of application. Secure the ID for future log-in.
     Student are advised to take a print out of the filled in application form. A signed copy of the application form would be required before disbursement.
     Student have to upload verification certificate duly filled in and authenticated by the Institute in pdf format. For this the student can download verification certificate from the link provided after logging in by user Id (Acknowledgement Id), Password (You generated) and your date of birth.
     You can view status of your application at any point of time through your log-in.
     You need not submit application further if you find that you have provided some wrong information/ data. You can update the same application you have already submitted through the link provided.
     Please do not change your Telephone or Mobile no.

    Download Application Here : http://www.wbscstcorp.gov.in/readwrite/loan_appl_form_wbscstdfc.pdf

    Home Page : http://www.wbscstcorp.gov.in/education_loan_menus.html
     
  2. Sir, Ami ki vaba documents gulo upload korbo???
     
  3. where i can get the loan for education to sc students. please provide me the application form.
     
    Last edited: Sep 5, 2016
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