• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Delhi government launches education loan scheme

By Ians
|

New Delhi, Sep 9: Delhi's AAP government on Wednesday launched its flagship scheme which allows students to avail education loans of up to Rs.10 lakh.

Education Minster Manish Sisodia kick-started the scheme by distributing cheques to the first 25 beneficiaries of the scheme.

Delhi: Education loan scheme launched

"The government is with the students whose parents don't have property as a guarantee to avail loan for their education," Sisodia said at the launch of the scheme.

"We will take their guarantee and give them a chance to study and not let finance become a hurdle in their education," Sisodia added.

Students who have passed 10+2 examinations will be eligible for the loan for pursuing higher studies.

The students will get a one-year moratorium after completion of his or her degree or diploma course and can repay the loan through EMIs over 15 years.

IANS

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more