Back
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
schemes.seeMore
Details
Benefits
Eligibility
Application Process
- Online
Documents Required
Frequently Asked Questions
Student satisfying the eligibility can avail the loan amount upto Rs. 1,50,000 .
Marginal Cost of Lending Rate (MCLR) is the minimum lending rate below which a bank is not permitted to lend.It varies from bank to bank.
A moratorium period refers to a particular period of a loan tenure during which the borrower does not have repay anything. It can be described as a waiting period before the borrower will have to start paying the equated monthly installments (EMIs) for his or her loan.
Sources And References
Scheme Guidelines