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Notified National Minorities Educational Loan Scheme

National Minority Educational Loan Scheme
Educational Loan Schemes
  • Use your electronic- Negotiable Warehouse Receipts (e-NWR) to apply for secured credit from banks.
  • e-NWRs can be issued only by WDRA registered warehouses.
  • Financing for agricultural commodities against e-NWRs available from Banks / Financial Institutions.

Quantum of Loan:-
  • Rs. 0 to Rs. 3000000
Category

National Minority Educational Loan Scheme

Rate of Interest
  • Credit line 1, Notified National Minorities Educational Loan Scheme Rs.0 to 3000000, Gender : Both ,Interest Rate 3% p.a, Repayment Period : 60 months to 66 months
  • Credit line 2, Notified National Minorities Educational Loan Scheme Rs.0 to 3000000, Gender : Male ,Interest Rate 8% p.a, Repayment Period : 60 months to 66 months
  • Credit line 2, Notified National Minorities Educational Loan Scheme Rs.0 to 3000000, Gender : Female ,Interest Rate 5% p.a, Repayment Period : 60 months to 66 months
Pre-sanction Documents
  • Self attested copy of Resident Certificate or Old PRC
  • Ration Card
  • Income Certificate from Tehsildar/Revenue Officer
  • Self attested copy of Aadhar Card
  • Saving Bank A/C Pass Book Copy
  • PMSBY/ PMJJBY Insurance Copy
  • Two Passport Size Photographs
  • Self Declared affidavit as Notified National Minority on Non-Judicial paper with Rs. 20 Stamp Duty
Post-sanction Documents
Important Documents

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