Schemes -> Education Loan Scheme

Education Loan Scheme:-

Haryana Women Development Corporation is implementing Education Loan Scheme for female students w.e.f. 01-04-2007 with a view of encourage women/girls belong to Haryana State to pursue higher education at Graduate/Post Graduate/Doctoral level in the country and abroad and to reducing the interest burden on the student / Guardian.

Objectives :-

a). To encourage women/girls belong to Haryana State to pursue higher education at Graduate/Post Graduate/Doctoral/Post Doctoral level in the country and abroad.
b). To reducing the interest burden on the student / Guardian Haryana Govt. has implemented this scheme w.e.f. 01-04-2007.

Eligibility :-

a). Loan is available as per Banks Education Loan Scheme for higher studies.
b). Subsidy of 5% simple interest out of recurring bank rate.
c). All Haryana Domicile and Haryana Govt. Employees Girls eligible.
d). No constraint of income/caste/creed for Education loan.
e). Scheme applicable w.e.f. 01-04-2007.
f). The HWDC will pay upto 5% interest subsidy on Education Loan to those female students who have availed the Education Loan from SBI Group and their parents are employees of these banks and are being provided Education Loan at lesser interest rate than the rate of interest for general public, hence, only the difference of interest of subsidy will be paid by HWDC.

Achievements :-