All Scheduled Commercial Banks provide Education Loan to students. Simple interest is charged during the study period and up to commencement of repayment. Accrued interest is added to the principal amount borrowed while fixing EMI (Equated Monthly Instalment) for repayment. The Schemes launched by the Government to provide interest subsidy to the students include: (i) Central Scheme to provide Interest ...

Rashtriya Swasthya Bima Yojana (RSBY), a centrally sponsored scheme, provides health insurance coverage to Below Poverty Line (BPL) families and including other 11 categories of Unorganized Workers (UOWs) who are enrolled under the scheme. Senior Citizen Health Insurance Scheme (SCHIS) is also implemented w.e.f. 01.04.2016. Under this, health coverage is available for Rs.30,000/- per annum per senior citizen for treatment ...

The Central Government is sensitive to the needs of students belonging to the economically weaker sections of the society and is committed towards ensuring equity in access to higher education. Under the Central Sector Scheme of Scholarship scheme for College and University Students, financial assistance is provided to meritorious students having family income of less than Rs. 6 lakh per ...