Special Education And Vocational Training Through Government Institutions 2026
This scheme by the Delhi Government helps students from Delhi pursue diploma, degree, or skill development courses Read More... with an education loan guarantee of up to ₹10 Lakhs, no collateral needed. Read less
Details
Aspiring to study further but worried about the loan? The Delhi Government's Higher Education and Skill Development Guarantee Scheme is here to help! This initiative is designed to make higher education and skill development accessible to all deserving students in Delhi. It ensures that financial constraints don't hold back bright minds from pursuing their academic and career goals.
What Is This Scheme?
The Higher Education and Skill Development Guarantee Scheme works by encouraging banks to offer education loans to students. The government steps in by creating a special fund that guarantees these loans. This means if a student can't repay the loan, the guarantee fund covers it, encouraging banks to lend without much risk. The aim is to provide affordable loans for studies in Delhi and also for recognized courses outside Delhi, within India.
Who Can Benefit From This Scheme?
This scheme is primarily for students who are residents of Delhi. If you've completed your 10th and 12th from Delhi, or your qualifying exam is 10th and you completed it in Delhi, you're likely eligible. It also covers children of Delhi Government employees. The scheme supports students looking for admissions in recognized government institutions and universities in Delhi, as well as specific private institutions that meet certain quality standards. It also extends to students pursuing courses in central or state government institutions outside Delhi but within India.
Why This Scheme Is Important
Education is a powerful tool, and this scheme ensures that more students can access quality education and skill development. By removing the need for collateral or margin money, it makes loans achievable for many who might otherwise struggle to arrange these. It supports a wide range of courses, from regular degrees to professional certifications and skill-based training, thereby contributing to a more skilled workforce and empowering students to build better futures.
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Benefits
Sources and references
Eligibility Criteria
- You must have completed your Class-X and Class–XII from Delhi. If the course you're applying for only requires a Class-X qualification, then completing Class-X from Delhi is sufficient.
- Children of employees working with the Government of NCT of Delhi or officials posted with the Delhi government are also eligible.
- You must have secured admission to a recognized higher education course (diploma, degree, Master's, or Doctoral) or a specified skill development course through an entrance test or merit-based selection.
- For studies in Delhi: Loans are available for recognized diploma/degree courses from Government Institutions/Universities and constituent colleges of Delhi University. Loans are also available for Private/Self-financed Institutions located in Delhi that have NAAC/NBA/SFRC grading. The government encourages these institutions to get accreditation. Until then, grading from the Third State Fee Regulatory Committee (SFRC) will be used.
- Eligible courses include those approved by UGC, Government, AICTE, AIBMS, ICMR, etc., leading to graduate/post-graduate degrees and PG diplomas. This also covers professional courses like ICWA, CA, CFA, and courses from institutions like IIT, NIFT, NLU, IIFT. Regular degree/diploma courses in fields like aeronautical training, pilot training, shipping, nursing, physiotherapy, and other fields approved by relevant regulatory bodies are covered if pursued in Delhi.
- Skill Development Courses as specified by the Government of NCT of Delhi are also covered.
- For studies outside Delhi (within India): The scheme covers meritorious students pursuing recognized degree or diploma level courses or skill development courses from Central or State Government Universities/Institutions located outside Delhi, but within India.
How To Apply
- Visit the official e-District Delhi website for applications.
- Register yourself on the portal.
- Fill out the application form online.
- Submit the online application along with uploaded documents.
- You will need to submit a hard copy of the filled application and uploaded documents to the concerned bank branch.
Official Link for Application: You can access the application portal via the e-District Delhi website. Please refer to the official sources for the direct link.
Documents Required
- Aadhaar Card (Student)
- PAN Card (Student)
- 10th Class Certificate (if passed from Delhi)
- 12th Class Certificate (if passed from Delhi)
- Employer’s Certificate and Declaration (with Photo & Signature) if the student is a child of a Govt. of NCT of Delhi employee or an official posted with the Delhi Govt.
- Recent Photograph
Important Notes on Documents
- For students pursuing courses outside Delhi from Central/State Govt. Universities/Institutions: A certificate from the Government Institute/College/University is mandatory at the time of application/sanction of the education loan. The format is usually available for download.
- PAN card is not mandatory at the application/sanction stage, but details must be provided before the release of the second installment of the loan.
FAQ’s
Who is eligible for an education loan under this Delhi scheme?
To be eligible, you must be a resident of Delhi and have completed your Class X and Class XII from Delhi. For courses where Class X is the qualifying exam, completing Class X from Delhi is enough. Children of Delhi Government employees are also eligible. You need to have secured admission to a recognized degree, diploma, or skill development course in Delhi or at a Central/State Government institution outside Delhi (within India). The institutions in Delhi must be government-run or private self-financed with good NAAC/NBA/SFRC grading and regulated fees.
What is the maximum loan amount I can get?
The scheme guarantees education loans up to a maximum of ₹ 10 Lakhs only.
Do I need to provide any collateral or margin money for the loan?
No, you do not need to provide any collateral or margin money to the bank under this scheme. The government's guarantee fund covers this.
What documents are needed to apply for the education loan?
You'll need your Aadhaar Card, PAN Card, 10th and 12th certificates (showing you passed from Delhi), a recent photograph, and an Employer's Certificate/Declaration if you are a child of a Delhi Govt. employee. If studying outside Delhi, a certificate from the institution is also required.
Can I apply if I passed my 10th or 12th from outside Delhi?
No, unfortunately, you are not eligible if you did not pass your Class X and Class XII from Delhi. This is a key eligibility criterion for the scheme.
How can I apply for this education loan?
You need to apply online through the e-District Delhi portal. After registering, fill in the application, upload your documents, and then submit a hard copy of the application along with the uploaded documents to the concerned bank branch.
Which types of institutions are covered under the scheme in Delhi?
The scheme covers Government Institutions and Universities in Delhi. It also covers Private/Self-financed Institutions in Delhi that have good NAAC/NBA/SFRC grading and whose fees are regulated by the government.
Are there any processing fees for the education loan?
No, banks will not charge any processing fees to obtain an education loan under this scheme.
What is the repayment period for the loan?
The loan comes with a moratorium period that includes your course duration plus one year. After that, the repayment period is 15 years.
What is the interest rate on these education loans?
The interest rate is the selected Bank's Base Rate (BR) plus 2%. Please note that the Base Rate can vary from bank to bank.
Can I get a loan for higher education outside Delhi under this scheme?
Yes, meritorious students who are residents of Delhi can get a loan for recognized degree, diploma, or skill development courses from Central/State Government Universities/Institutions located outside Delhi but within India.
Where can I find the list of banks providing loans under this scheme?
The list of approved member banks participating in this scheme is available on the official website for Student Loans, typically linked from the Student Loan section of the Delhi government's web portal (http://web.delhi.gov.in/).
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