Parivahan Scheme (GBCDC) 2026
This scheme by the Haryana Women Development Corporation helps girls from Haryana get financial support for higher Read More... education by providing an interest subsidy on education loans. Read less
Details
The Haryana Women Development Corporation, under the Haryana government, has launched an 'Education Loan Scheme' to empower women and girls. It's designed to make higher education more accessible by offering financial help and reducing the interest burden on students and their families.
What is this scheme?
This is an initiative by the Haryana Women Development Corporation (HWDC) to help female students from Haryana pursue advanced studies. The core idea is to ease the financial pressure associated with education loans, both for those studying in India and those aiming for international universities.
Who can benefit from this scheme?
The scheme is primarily for girls who are residents of Haryana. It also extends to the children of Haryana government employees. Whether you're looking to complete a diploma, a graduate degree, a postgraduate course, or even doctoral and post-doctoral studies, this scheme can help.
Why is this scheme important?
By offering a 5% annual interest subsidy, the scheme significantly lowers the cost of education loans. This allows more women to chase their academic dreams without the heavy burden of high interest rates, fostering a more educated and empowered female population in Haryana.
Objective
Benefits
Sources and references
Eligibility Criteria
- Must be a girl with Haryana domicile.
- Can be a child of a Haryana Government employee.
- Planning to pursue higher education at diploma, graduate, postgraduate, doctoral, or post-doctoral levels.
- Studies can be undertaken in India or abroad.
- There are no income, caste, or religion-based restrictions for eligibility.
How To Apply
To apply for the Education Loan Scheme, you should follow the process outlined by the Haryana Women Development Corporation and the partner banks. While specific steps may vary slightly, generally, you will need to:
- Secure an education loan from an eligible bank.
- Submit the required documents to the bank and the Corporation.
- The Haryana Women Development Corporation will then provide the interest subsidy directly to the bank on your behalf.
For the most accurate and up-to-date application details, please refer to the official notifications from the Haryana Women Development Corporation or contact them directly. You can find more information on their official website.
Documents Required
- Domicile Certificate or Haryana Residence Certificate
- Bank Sanction Letter for the education loan
- Admission Letter from the Educational Institution or Fee Receipts
- Bank Loan Interest Statement
- Bank Proforma (as provided by the bank)
- Aadhaar Card / Family ID (PPP) / I-Card of Govt. Employee (if applicable)
- One Passport-size Photograph
- An affidavit confirming that you are not receiving a subsidy from any other agency or institute
- If studying abroad, an affidavit from the parent is also required.
FAQ’s
What is the main goal of the Haryana Women Development Corporation's Education Loan Scheme?
The primary aim is to encourage girls from Haryana to pursue higher education, both in India and overseas, by making loans more affordable.
Can a girl from Haryana whose parents are government employees apply?
Yes, absolutely. The scheme is open to all Haryana domicile girls, including those whose parents are employees of the Haryana Government.
What kinds of educational programs are covered under this scheme?
You can use this scheme for technical or professional diploma courses, undergraduate degrees, postgraduate studies, doctoral programs, and even post-doctoral research.
Does the scheme support students planning to study outside India?
Yes, the scheme is designed to support higher education pursued both within India and in international educational institutions.
What are the primary benefits offered by this education loan scheme?
The scheme provides financial assistance through bank education loans and offers a 5% annual interest subsidy to reduce the repayment burden.
How much interest subsidy will I receive from the Corporation?
The Haryana Women Development Corporation will provide an interest subsidy of 5% per annum to the banks participating in the scheme.
What are the essential documents needed to apply for this loan scheme?
You'll typically need your Domicile Certificate or Haryana Residence Certificate, the Bank Sanction Letter, details about your educational institution or fee receipts, and a bank loan interest statement.
Do I need to submit any personal identification documents like Aadhaar or Family ID?
Yes, you are generally required to submit your Aadhaar Card, Family ID (PPP), or the Identity Card of a Government Employee if applicable.
Is it necessary to provide proof that I'm not getting subsidy elsewhere?
Yes, you will need to submit a certificate confirming that you are not claiming an education loan subsidy from any other government agency or institute.
Are there extra document requirements if I plan to study abroad?
If your child is pursuing studies abroad, you will need to provide an additional affidavit from the parent.
If my parents work for SBI Group banks and get a lower interest rate, do I still get the full 5% subsidy?
No, in such cases, the HWDC will only pay the difference in the interest subsidy, not the full 5%, as your parents are already receiving a preferential rate.
Does the scheme require me to get the education loan from a specific bank?
While the subsidy is generally available through bank tie-ups, there's a special condition if the loan is from the SBI Group and parents are employees there, affecting the subsidy amount as mentioned.
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