Higher Education And Skill Development Guarantee Scheme

Students who wish to pursue diploma or degree level courses or specified skill development courses in Delhi and have done their class X and class XII from Delhi. For courses for which the qualifying examination is class X, students who have done class X from Delhi will be eligible under the scheme. Students should be in Govt. Institutions or private self financed Institutions located in Delhi having A or B grading of NAAC and NBA or SFRC grading of A+ or A. and whose fee is regulated by the Govt. Meritorious students for pursuing higher education in Delhi and pursuing recognized degree or diploma level courses or skill development courses from Central /State Govt. Universities /Institutions located outside Delhi, within India.

1. Aadhaar Card (Student) 2. Pan Card (Student) 3. 10th certificate (Passed from Delhi), For courses for which the qualifying examination is class X. 4. 12th certificate (Passed from Delhi), For courses for which the qualifying examination is class XII. 5. Employer’s Certificate (Students who are children of employees of Govt. of NCT of Delhi or Officials/government servants who are posted with the Govt. of NCT of Delhi are also eligible under this scheme.) Declaration (With Photo & Signature with Date) 6. Photograph.

The list of approved member banks of Delhi is available at our website of Student Loan (http://web.delhi.gov.in/)

Eligible, Only those meritorious students are eligible who pursuing higher education in a recognized degree or diploma level courses or skill development courses from Central /State Govt. Universities /Institutions located outside Delhi, within India. Students who apply in this scheme have to fill the details of Universities /Institutions located outside Delhi, within India and also have to upload the following certificate. *Certificate from Govt. Institute/College/University is required to be furnish while applying and upload documents (format is available to download)

Not Eligible, Only those students who have done their class X and class XII from Delhi is eligible under the scheme.

Only Central /State Govt. Universities /Institutions located outside Delhi, within India are covered under this scheme.

Rate of Interest: *Base Rate (BR) of Selected Bank Plus (+) 2%. Note: *Base Rate: May vary from Bank to Banks

Not Required, No Collateral or Margin money is required to be paid by the students under this scheme

Govt. Institutions or private self financed Institutions located in Delhi having A or B grading of NAAC and NBA or SFRC grading of A+ or A. and whose fee is regulated by the Govt.” Only those Universities/Institutions which are located in Delhi and their fee is regulated by the Govt. are covered under this scheme. The guarantee will be available for loans for courses of Government Institutions. It will also be available for private self financed Institutions located in Delhi having A or B grading of NAAC and NBA or SFRC grading of A+ or A.

Students need to visit the official site.At bottom of the page, click on Apply now or access the official site of edistrict. Students have to register himself/herself at the same site.Only online applications will be accepted and hard copy of the application filled online along with uploaded documents is required to be submitted to the concerned Bank/Branch.

The maximum amount of education loan guaranteed under this scheme is up to Rs. 10 Lakhs Only

The moratorium period of the Loan is a Course period plus one year and the Repayment period is 15 years.

No