Delhi Students Credit Facility Scheme 2019 | Student Education Loan Scheme Delhi (Upto 10 Lakhs)

delhi student credit facility scheme

आप सभी को ये जानकार ख़ुशी होगी के दिल्ली सरकार उच्च शिक्षा और स्किल डेवलपमेंट के लिए छात्रों को 10 लाख रुपये तक का बिना गारंटी के लोन की सुविधा देने जा रही है| दिल्ली के निवासी छात्रों को मिलेगा लाभ 

In a recent announcement, CM Arvind Kejriwal said that the Delhi Government will cover students under Higher Education and Skill Development Guarantee Scheme. This will ensure financial Assistance to Students who are in need of it for higher studies.

So, Basically, All those students who wish to join professional courses and are not able to do so due to the financial crisis, would be given a benefit.

The Chief Minister Arvind Kejriwal along with Deputy CM Manish Sisodia recently participated in a meeting. This Meeting was attended by a delegation of 13 Participating Banks. The aim of the Scheme is to ensure that every needy student gets financial help.

Delhi Student Credit Facility Scheme| Student Education Loan Scheme

Students can now avail a collateral-free (No Guarantee) loan of up to Rs. 10 lakh for higher education. In case the Loan Applicant is declared defaulter, the Delhi Government will act as Guaranteer. Every Beneficiary under this Scheme Gets a time period of 15 Years to Repay the Loan Amount.

In order to Smoothly implement this scheme, Govt has Created an Rs. 30 Crore Corpus. Through this Scheme, Delhi Government is Targetting deserving poor students who want to avail Higher Studies. The Scheme will be seen in action from Financial Year 2019-20.

Why Such Scheme Was Required?

We All Know that Talent is at the abundance in our country. Every Year we see lots of toppers in various exams that belong to Delhi. This number can be increased if the financial condition of poor students is improved. Normally, such students don’t get Loans from Banks as they can’t furnish guarantee. That’s why the need for Government Assistance was always felt.

By Introducing Student Credit Facility Scheme, Delhi Government will ensure that Banks approve Loans to Such Students. The Govt. itself will act as guaranteer. This Delhi govt. education loan scheme for higher studies is aimed at Students who aspires and qualify to enroll in prestigious professional courses.

Delhi Student Credit Facility (Education Loan) Scheme 2019, How to Apply, Online Application Form

Delhi Student Credit Facility Scheme ensures that eligible candidates get loans from the banks to pursue higher education and skill development programs. To make the application procedure easier, the department is building a dedicated portal where eligible and interested applicants could submit the online application.

Once the Official Portal is released and the scheme is fully functional. we will update this Article with More Information

More Information Regarding this Scheme HERE

Keep Checking Our Government Schemes Section for More Schemes Like this.

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