About this banking scheme
The scheme is implemented by Haryana Backward Classes & Economically Weaker Sections Kalyan Nigam, aims to provide education loans to sections of minority population on the basis of "Creamy Layer". These loans support pursuing general/professional/technical courses at graduate levels or higher.
The scheme "Education Loan Scheme- Credit Line 2 for Minority Community" is implemented by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam. Under the scheme, education loans are provided to sections of the minority population defined based on a "Creamy Layer" i.e., an annual family income of Rs. 8,00,000/-. These loans are available for pursuing general/professional/technical courses or training at the graduate level or higher. The Nigam provides loans of up to Rs. 20,00,000/- for professional degree courses in India and up to Rs. 30,00,000/- for courses abroad, with an interest rate of 8% for males and 5% for females. Applicants must belong to a minority community (Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains) and be permanent residents of Haryana.
Benefits at a glance
| Scheme name | Education Loan Scheme- Credit Line 2 for Minority Community (ELS-CL2MC) |
|---|---|
| Launched by | Welfare of Scheduled Caste & Backward Classes Department |
| Benefit type | Cash (money paid to your bank account) |
| Category | Banking |
| Level / State | State · Haryana |
| Official portal | saralharyana.gov.in (link at the end of this page) |
Key facts
| Implementing agency | Haryana Backward Classes And Economically Weaker Sections Kalyan Nigam |
|---|---|
| Scheme for | Individual |
| Application mode | Online |
| Last date | Not given in the official listing |
| DBT (direct bank transfer) | No |
Who can apply (quick check)
- 👤All genders
- 🎂Age 16 to 32 years
- 🎓Students only
- 🕌Minorities only
- 📝Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- Under this scheme, Nigam provides loans of up to Rs. 20,00,000/- for professional degree courses in India and up to Rs. 30,00,000/- for courses abroad, with an interest rate of 8% for males and 5% for females.
- The education loans are provided for pursuing general/professional/ technical courses or training at the graduate and/or higher level to minority communities i.e. Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains.
Who qualifies
- The applicant should be a permanent resident of Haryana.
- The age of the applicant should be between 16 and 32 years.
- The annual family income of the applicant should be between Rs. 98,001/- to Rs. 8,00,000/- (Rural Area) and Rs. 1,20,001 to Rs. 8,00,000/- (Urban Area).
- The applicant should belong to a minority community, i.e., Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains.
- The applicant should have obtained admission to any professional and technical course approved by an appropriate agency such as AICTE, Medical Council of India, UGC, etc., in a duly accredited/recognized institute.
- The applicant must have secured a minimum of 50% marks in the qualifying exam i.e., the exam whose qualification is a pre-requisite for the course.
- The applicant should have a Parivaar Pehchan Patra (PPP ID).
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Registration walkthrough
Online
Registration Process on Antyodaya-SARAL Portal:
Step 01: The eligible applicant may apply online through the Official Portal- Antyodaya-SARAL Portal. https://saralharyana.gov.in/
Step 02: If the applicant is not registered on the portal, he/she gets registered there.
Step 03: For registration, click “New User” under ‘Sign In Here’ and fill in all the mandatory details i.e. Name, Email ID, Mobile Number, Password & State. Click on ‘Submit’.
Step 04: Verify your mobile number and email ID through the received OTP and complete the registration process.
Login to apply for the scheme:
Step 01: To avail the benefits of the scheme, visit the Official Antyodaya-SARAL Portal and log in through the email ID used while registering.
Step 02: Enter Password & Captcha and click on ‘Login’.
Step 03: After successful login, click on ‘Apply for Services’ and then ‘View all Available Services’
Step 04: Now, you can search for the scheme and click on the scheme to go ahead and fill out the application form.
Step 05: Enter your Parivar Pehchan Patra number - Family ID and click on “Click here to Fetch Family Data” which displays the family members registered under the given Family ID.
Step 06: Select the beneficiary/applicant name and enter the OTP that is being sent to the selected family member for verification. Click on “Click to Verify”
Step 07: Fill in all the mandatory details and upload all the mandatory documents.
Step 08: Preview the application form and click on ‘Submit’.
Tracking of Application:
Applicants can track their applications through the Official Antyodaya-SARAL Portal by entering their Department Name, Scheme Name, and Application Reference ID.
Frequently asked questions
Who is eligible for the loan?
Applicants must be permanent residents of Haryana, aged between 16 and 32 years, and belong to a minority community (Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains).
What is the "Creamy Layer" income criterion?
The annual family income must be between Rs. 98,001/- and Rs. 8,00,000/- for rural areas and Rs. 1,20,001/- and Rs. 8,00,000/- for urban areas.
How much loan can be availed for courses in India?
Loans up to Rs. 20,00,000/- are available for professional degree courses in India.
How much loan can be availed for courses abroad?
Loans up to Rs. 30,00,000/- are available for courses abroad.
What is the interest rate for males?
The interest rate for males is 8%.
What is the interest rate for females?
The interest rate for females is 5%.
What courses are covered under this scheme?
The scheme covers general, professional, and technical courses or training at the graduate level or higher.
What is the age limit for applicants?
Applicants must be between 16 and 32 years old.
What are the eligible minority communities?
The eligible communities are Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains.
Is there a minimum academic requirement?
Yes, applicants must have secured a minimum of 50% marks in the qualifying exam.
How can one apply for the loan?
Applicants can apply online through the Antyodaya-SARAL Portal at https://saralharyana.gov.in/.
Can loans be availed for both graduate and post-graduate courses?
Yes, loans are available for both graduate and post-graduate courses.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Scheme Details kms.saralharyana.nic.in
- Official Website haryanascbc.gov.in
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
The details on this page are from the official listing and have not been rewritten or reviewed by our team yet. Confirm them on the official portal before applying.
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