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Ministry Of Skill Development And Entrepreneurship

Skill Loan Scheme

A Skill loan scheme by Ministry of Skill Development and Entrepreneurship to provide loan upto Rs. 1,50,000 to student who has secured admission in a course run by Industrial Training Institutes (ITIs), Polytechnics or in a school recognized by Central or State education Boards or in a college affil

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  • Details
  • Benefits
  • Eligibility
  • Application Process
  • Documents Required
  • Frequently Asked Questions
  • Sources And References
  • Details

    The Skill Loan Scheme was launched in July 2015 to provide institutional credit to individuals for skill development courses aligned to National Occupations Standards and Qualification Packs and leading to a certificate/diploma/degree by training institutes as per National Skill Qualification Framework (NSQF).
    
    This scheme is applicable to all member banks of the Indian Banks’ Association (IBA) and any other banks and financial institutions as may be advised by the RBI. The scheme provides broad guidelines to the banks for operationalizing the skilling loan scheme.

    Benefits

    Eligibility

    Application Process

    • Online

    Documents Required

    Frequently Asked Questions

    Sources And References

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