New New module for processing claim applications of SC/ST candidates who are unable to pay the beneficiary contribution has been introduced in the portal. Eligible students are requested to submit the claim application through the portal with mandatory declaration form which is available in the 'GOs & Circulars' tab in the website              New module for processing claim application under standard category for 2019-20 has been provided in the portal. Bank branches are requested to process the claims for 2019-20 as per eligibility conditions.              New module for processing claim application under standard category for 2018-19 has been provided in the portal. Bank branches are requested to process the claims for 2018-19 as per eligibility conditions.              Facility for submitting online application for availing government support under standard category for the year 2018-19 has been introduced in the portal.Eligible students are requested to submit the claim application through the portal with mandatory documents.              The application status can be tracked by login to the website

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  • Objective.

                The Government has now proposed an Education Loan Repayment Support Scheme which is intended to help those who are struggling to repay the education loan debts after the completion of their course.
  • Scope of the scheme.

                Education Loan Repayment Support Scheme is not a debt relief scheme, but rather a loan repayment support/prompt repayment incentive scheme offered to the youngsters by providing them with government support for a relief period of four years after the repayment holiday.

The scheme would be adopted by all the Scheduled Commercial Banks/Co-operative banks and would be applicable only for the recognized Technical/Professional Courses in India. But this scheme would not be applicable for the students admitted in Management/NRI quota as well as unrecognized institutes except students who secured admission for nursing courses under management quota.