New Akanksha Scheme (Educational Loan) (GNDTDC)

This scheme provides educational loans for students pursuing higher professional and technical education at the graduate and postgraduate levels.

The scheme is specifically for students belonging to nomadic or denotified castes.

The loan covers admission fees, tuition fees, books, writing materials, necessary equipment, examination fees, accommodation, food expenses, and insurance policy premiums.

4% per annum for male students and 3.5% per annum for female students.

The scheme has a 90% contribution from the Central Corporation, 5% from the State Government, and 5% from the beneficiary.

This loan will have to be repaid in 60 equal monthly instalments, including interest.

Eligible courses include an MBA or its equivalent, an MCA or its equivalent, IIT/AICTE-approved graduate-level engineering, approved professional graduate-level courses, medical education from an MCI-recognised college, and Nursing Diploma courses.

You need to provide details of the business/job/occupation and total income of your father/husband/guardian and your mother.

You should provide details for SSC, HSC, Diploma, Graduation, and Post Graduation, including Board/University name, main topic, academic year, percentage, and attempt number for each.

You need to provide the name of the college admitted, the affiliated university, the course name, course duration, the date of admission, and the year/semester for which you are seeking the loan.