PM Education Loan Scheme: Many times, due to lack of financial condition of the house, many talented children are not found. There are many children who can go much further in the field of education if they get a good environment. But in front of the circumstances, their talent dies and they have to live by doing some small work. Economically weaker families are not so capable that they can provide good education to their children. In such a situation, these children start looking for work for themselves and leave their studies.
Government is giving loans to study children
In view of this serious problem, a scheme has been started by the government. Under this scheme, the government provides financial assistance to the children of poor families to study. Under the scheme, you are provided loans for education. That is, you can continue your education by taking a loan from the government. The Government of India has started Prime Minister Vidya Lakshmi Yojana to establish educated and developing society. Under this scheme, the central government will provide loans to the students for students. Many banks provide loan amount to implement this scheme.
Loans can be taken at a very low interest rate
A loan amount can be obtained from 50 thousand to 6.5 lakh rupees through this scheme. The same period of repaying this loan is up to 5 years. Interest on loan is also very low. This interest rate is about 10.5 – 12% annually. Children get adequate financial amount so that they can continue their education smoothly.
आधार कार्ड लोन योजना
Eligibility required for plan
- Students/students should be the indigenous people of India.
- Class 10th and 12th should have maximum marks from 50%.
- The student has not taken any kind of loan before. Even if taken, it has been repaid on time.
- The age limit of the student/student should be more than 18 years.
- Along with this, it is mandatory to open the account of the student/student in any bank to take a loan from the bank.
- If you want to take this loan, then you have to enroll in your higher education.
Documents required for the scheme
- Aadhar card
- Income certificate
- Caste certificate
- Basic address proof
- Bank account
- 10/12th certificate
- Photo
पैन कार्ड लोन योजना
How to apply for loan
- First of all to apply in the scheme official website will go on.
- After going to the official website, you have to register.
- As soon as you submit the registration form, a verification message will come on your email ID.
- After this you will get login and ID.
- After logging, you have to enter all the information in the application form.
- Now related documents will have to be uploaded.
- Now you have to submit your application form.
- After the form is submitted, you have to get it approved by the bank.
- After approving the bank, you will be provided the loan amount.
