Padho Pardesh

Scheme Name Padho Pardesh
Objective Scheme of interest subsidy on educational loans for overseas studies for the students belonging to the minority communities
Scheme Area  Education
Societal Group  Minorities
Individual/Institutional  Individual
Central/State Level Central
Govt/Non-Govt Govt
Validity Valid Till Five Year Term
Target Group  Minority Students
Funds Available  As Per BPA
Scholarship Amount  Intrest amount liable on bank loan
Eligibility Criteria  Student should have secured admissions for the masters ,Mphil,Phd for the list (see the Annexure) of prescribed course.and availed the loan from scheduled bank.Income of the student or the parents family should  be less than 6LPA and has to produce the income certificate.Preference will be given to girls.
Documents/Collateral Required  Admission proof and the bank loan documents
Departments  Ministry Of Minority Affairs
Dept Contacts  –
Imp Dates  –
Forms Availability  Canara Bank is the Nodal Bank For Managing
Web URL for Details  http://www.minorityaffairs.gov.in/padho_pardesh
http://www.eltf.in/2013/07/a-tv-interview-on-ibarbi-guidelines-on.html
Online Process  –
Support Processes/ Institutions  Bank Account Required,Admission Slip