What you get
- Financial Assistance: Provided to female students under a Bank tie-up Education Scheme.1. Interest Subsidy: The Corporation will provide an interest subsidy of 5% per annum to the banks.1. Reduced Interest Burden: The scheme aims to reduce the interest burden on the student/guardian.1. Specific Interest Subsidy Condition: The Haryana Women Development Corporation (HWDC) will pay up to 5% interest subsidy on Education Loans to those female students who have availed the Education Loan from SBI Group and whose parents are employees of these banks and are being provided Education Loan at a lesser interest rate than the rate of interest for the general public. Hence, only the difference in interest of the subsidy will be paid by HWDC.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the purpose of the scheme offered by the Haryana Women Development Corporation?
The scheme aims to encourage women and girls from Haryana to pursue higher education within India and abroad,
Who is eligible to apply for this Education Loan Scheme?
All Haryana domicile girls, including children of Haryana Government employees, are eligible to apply for this scheme.
What types of higher education can I pursue under this scheme?
You can pursue professional/technical diploma, graduate, postgraduate, doctoral, or post-doctoral level education.
Is the Education Loan Scheme applicable for studies abroad?
Yes, the scheme is applicable for studies both in India and abroad.
What kind of benefits does this Education Loan Scheme provide?
The scheme provides financial assistance to female students under a Bank tie-up Education Scheme.
What is the interest subsidy provided by the Corporation?
The Corporation will provide an interest subsidy of 5% per annum to the banks.
What documents are required to apply for this Education Loan Scheme?
You will need a Domicile Certificate/Haryana Residence Certificate, Bank Sanction Letter, and Educational Institution Letter/Fee Receipts.
Do I need to provide any identification documents?
Yes, you need to provide your Aadhar card/Family Id (PPP)/I-Card of a Government Employee.
Do I need a certificate stating that I am not claiming subsidy from other sources?
Yes, a certificate regarding not claiming a subsidy from any other agency/institute is required.
If my child is studying abroad, are there any additional document requirements?
Yes, an affidavit from the parent of the child studying abroad is required.
Are parents who are employees of SBI Group banks and get a lesser interest rate eligible for full 5% subsidy?
No, the HWDC will pay only the difference in interest subsidy if the parents are employees of SBI Group banks and are already receiving a lesser interest rate.
Is there a specific bank from which the education loan must be availed to get the subsidy?
The subsidy is provided to banks in general, but a specific condition applies if the loan is availed from the SBI Group and the parents are employees of those banks.