About this education scheme
The scheme aims to provide interest-free loans of up to Rs. 5 lakh to students from minority communities for pursuing higher education in India and abroad.
The scheme “Maulana Azad Education Finance Foundation Scheme” was launched by the Minority Welfare Department, Government of Uttarakhand. The scheme aims to provide interest-free loans to students from minority communities for pursuing higher education in India and abroad.
Benefits at a glance
| Scheme name | Maulana Azad Education Finance Foundation Scheme (MAEFFS) |
|---|---|
| Launched by | Minority Welfare, Uttarakhand |
| Benefit type | Cash (money paid to your bank account) |
| Category | Education |
| Level / State | State · Uttarakhand |
| Official portal | uk.gov.in (link at the end of this page) |
Key facts
| Scheme for | Individual |
|---|---|
| Application mode | Offline |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
| Family income limit | Up to Rs. 2.5 lakh per year |
| Age | 18 to 35 years |
Who can apply (quick check)
- 👤Female / Male
- 🎂Age 18 to 35 years
- 💰Income Rs. 2.5 lakh tak
- 🕌Minorities only
- 📝Offline
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
Under this scheme, students from minority communities are provided interest-free loans of up to Rs. 5 lakh for pursuing higher education in India and abroad.
Who qualifies
- The applicant must be a permanent resident of Uttarakhand.
- The applicant must belong to a minority community (Muslim, Sikh, Christian, Parsi, Buddhist, or Jain).
- The age of the applicant should be between 18 and 35 years.
- The applicant must have passed Class 12.
- The applicant must be studying in or have taken admission to a university/college/institute recognized by the Central Government, State Government, or any other competent authority.
- The annual family income of the applicant from all sources should not exceed Rs. 2,50,000/-.
- The beneficiary availing the loan must repay it within 3 years after the completion of education or upon gaining employment, whichever is earlier.
Who is not eligible
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Papers to keep ready
For the Applicant:
- Colour Photograph
- Aadhaar Card
- Permanent Residence Certificate
- Minority Proof Certificate
- Proof of Birth
- Marksheet of last year
- College/Institution Admission Certificate
- Fee structure
- College ID
- Nationalized Bank Passbook
- Affidavit to the effect that the loan scheme is being availed of for the first time
For the 2(two) Guarantors:
- Salary/Income Certificate
- PAN card
- Photographs
- Aadhaar Card
- Ration Card
- Status certificate/report
Registration walkthrough
Offline
- The application form is obtained from the district office and must be submitted to the same office by August 31. The application process is currently offline.
- Along with the application form, the applicant is required to submit a recent passport-size color photograph, Aadhaar card, permanent residence certificate, minority certificate, birth certificate, previous year’s mark sheet, admission certificate from the college or institute, fee structure, college identity card, passbook of a nationalized bank, and an affidavit declaring that the loan scheme is being availed for the first time. In addition, the guarantor’s documents, such as salary or income certificate, PAN card, recent photograph, Aadhaar card, ration card, and status certificate report, must also be attached.
- After submission, the district office forwards the applications to the corporation headquarters by September 15. These applications are then presented before the selection committee constituted by the Government of Uttarakhand. Once approved by the loan selection committee, the sanctioned loan amount is transferred to the account of the concerned district in accordance with the applicant’s requirement. The district office then disburses the amount directly into the applicant’s bank account.
- Proposals are approved only within the budget limit available for the financial year, and any applications that exceed this limit are treated as automatically cancelled.
Frequently asked questions
Who is eligible to apply under this scheme?
The applicant must be a permanent resident of Uttarakhand, belong to a recognized minority community, be between 18 and 35 years of age, have passed Class 12th, and have secured admission to a recognized university, college, or institute.
What is the maximum loan amount available under the scheme?
Eligible students can avail an interest-free loan of up to Rs. 5 lakh for pursuing higher education or education abroad.
Which minority communities are covered under the scheme?
The scheme covers students belonging to minority communities such as Muslims, Christians, Sikhs, Buddhists, Parsis, and Jains.
Is the loan completely interest-free?
Yes, the loan provided under this scheme is completely interest-free.
What is the family income limit for applying to this scheme?
The annual family income of the applicant from all sources should not exceed Rs. 2,50,000.
What kind of courses are covered under this scheme?
The scheme covers higher education courses in India and abroad, provided the institution is recognized by the Central Government, State Government, or any other competent authority.
What is the last date to submit the application form?
Applicants must submit their completed application form to the district office by August 31.
Is the application process online or offline?
The application process is currently offline and must be submitted at the district office.
How is the loan amount sanctioned?
The selection committee approves the applications, and the approved loan amount is transferred to the concerned district office based on the applicant’s requirement.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
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