Maulana Azad Education Loan Scheme, Maharashtra is a government-initiated scheme that supports students from religious minority communities in Maharashtra by providing education loans up to ₹5,00,000 at a nominal interest rate of 3%.
The scheme was introduced by the Maulana Azad Minorities Financial Development Corporation Limited (MAMFDC), a Government of Maharashtra undertaking, in 2003. This loan aims to assist students by covering the expenses associated with their professional degree/diploma courses.
In case of any queries, please reach out to:
022-22672293, 22653080, 22633351, 22672294 (Monday to Friday - 10:00AM to 06:00 PM (IST))
mamfdc_ho@rediffmail.com