Back to Schemes
Banking,Financial Services and Insurance; Education & Learning

Education Loan Scheme under NSFDC- Haryana

This scheme offers educational loans of up to ₹10 lakhs for studies within India and up to ₹30 lakhs for studies abroad. These loans are available to eligible students pursuing regular full-time recognized courses in India or abroad.

Authority

State/ UT

Region

Haryana

Status

Verified 2026

Updated

March 2026

What you get

Maximum Loan Limit: | - For studies within India: Up to ₹10,00,000/- - For studies abroad: Up to ₹30,00,000/- | Recovery: | - Recovery (Principal & Interest) will commence after 6 months of completion of the course or getting employment, whichever is earlier. The loan will be repaid in 20 quarterly installments in 5 years from the date of first disbursement. | - There would be a tag/maker on the Diploma/Degree of the student indicating his repayment liabilities. | Note: The Educational Loan, shall, however, be restricted to cover the admissible expenses for the remaining years of study on a pro-rate basis. Further, all Educational Loans shall be sanctioned & disbursed on a case-to-case basis.

Who can apply

The applicant should be a permanent resident of Haryana.; The applicant should belong to the Scheduled Caste Community.; The applicant's age should be between 18 and 45 years.; The applicant's annual family income should not exceed ₹3,00,000/-.; These loans are available to students pursuing regular full-time recognized professional/technical courses in India or abroad.; The education loan for a particular student shall be made admissible only once either at Diploma/Graduation or Post Graduation Diploma/Post Graduation level. However, an Educational Loan shall be offered to a student who secures admission in any integrated course of a longer duration covering both levels.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

Who implements the scheme?

The scheme is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) in collaboration with the National Scheduled Castes Finance & Development Corporation (NSFDC).

What is the objective of the scheme?

The objective of the scheme is to extend loans to eligible Scheduled Caste students for pursuing full-time professional or technical education.

What expenses does the education loan cover?

The education loan covers admission fees, tuition fees, books, stationery, instruments, examination fees, boarding and lodging expenses, insurance premiums, travel expenses for studying abroad, caution money, and development funds.

What is the maximum loan amount for studies within India?

The maximum loan amount for studies within India is ₹10 lakhs.

What is the maximum loan amount for studies abroad?

The maximum loan amount for studies abroad is ₹30 lakhs.

When does the recovery of the loan start?

Recovery of the loan (principal and interest) starts after 6 months of course completion or getting employment, whichever is earlier.

How is the loan repaid?

The loan is repaid in 20 quarterly installments over 5 years from the date of the first disbursement.

Who is eligible to apply for the loan?

Permanent residents of Haryana who belong to the Scheduled Caste community, aged between 18 and 45 years, with an annual family income not exceeding ₹3 lakhs, are eligible to apply.

Can students pursuing integrated courses apply for the loan?

Yes, students who secure admission in integrated courses covering both diploma/graduate and postgraduate levels can apply.

Is there a tag or marker on the student's degree indicating loan repayment liabilities?

Yes, there would be a tag or marker on the student's diploma/degree indicating their repayment liabilities.

How can one apply for the loan?

Eligible applicants can apply online through the official portal, Antyodaya-SARAL Portal (https://saralharyana.gov.in/). OR the official website of Haryana Scheduled Castes Finance and Development Corporation: https://hscfdc.org.in/appreg.

Is the loan available for both diploma and postgraduate studies?

Yes, the loan is available for diploma, graduation, and postgraduate levels, but only once per student.

Can students apply for loans for short-term courses?

No, the scheme is for regular full-time recognized professional/technical courses only.