Kerala NMDFC Education Loan Scheme
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About The Program
Kerala NMDFC Education Loan Scheme is a scheme initiated by the National Minorities Development & Finance Corporation (NMDFC) to provide financial assistance to students from minority communities in Kerala. The religious minority community include Muslims, Sikhs, Buddhists, Christians, and Parsis. The scheme offers loans to students pursuing job-oriented ‘technical and professional courses’ with a maximum duration of 5 years.
Under this scheme, the students will receive funding of up to INR 20 lakh for studying in India and up to INR 30 lakh for pursuing education abroad, with nominal interest rates.
The loan will be offered under 2 credit lines depending on the annual income of the students. The repayment duration for the NMDFC Education Loan Scheme is determined by the terms and conditions agreed upon by the students. However, the standard repayment period is set at 60 months, equivalent to 5 years.
Contact Us
In case of any queries, please reach out to:
(0471) 2577539 (Monday to Friday - 10:00AM to 06:00 PM (IST))
ksbcdc@gmail.com
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