Education Loan Scheme of the NBCFDC
Can you tell me something about the Education Loan Scheme of the NBCFDC?
ChristineJoseph last edited by
The NBCFDC provides excellent government education loan schemes for students from the OBC category. This loan is applicable to technical, professional, and general undergraduate & postgraduate courses from universities abroad.
The maximum amount as an award via this scheme is INR 20 lakhs over the duration of the course. The interest rate for this loan is 4%, with a 0.5% concessional for female students. In order to be eligible for this loan, you will need to provide a copy of your government-issued OBC certificate. The family income should also not exceed INR 3.5 lakhs per annum as this can affect eligibility for the loan.
Read about all these points in detail here: Top 5 government education loan schemes to study abroad!
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