The Education Loan Scheme under NSFDC is a flagship initiative by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) in collaboration with the National Scheduled Castes Finance & Development Corporation (NSFDC). This scheme is designed to empower students from Scheduled Caste (SC) communities in Haryana by providing low-interest educational loans for higher studies in India and abroad.

Whether pursuing professional courses in engineering, medicine, law, or management—or planning international education—eligible students can access up to ₹30 lakhs under this supportive government initiative.

Objective of NSFDC Education Loan in Haryana

The primary goal of the scheme is to financially assist Scheduled Caste students in accessing quality professional and technical education. It ensures they are not held back due to lack of funds and promotes social upliftment through education.

Loan Coverage and Benefits

Maximum Loan Limit

• For studies in India: Up to ₹10,00,000

• For studies abroad: Up to ₹30,00,000

Expenses Covered

• Admission & tuition fees

• Books, stationery, lab tools

• Examination fees

• Boarding, lodging, and food expenses

• Travel & passage (for abroad studies)

• Insurance premiums (for loan protection)

• Caution money, development charges, and other mandatory fees

Repayment & Recovery

• Moratorium period: 6 months post-course completion or employment—whichever is earlier

• Repayment duration: 20 quarterly installments over 5 years

• A loan tag/marker is placed on the student’s degree/diploma until repayment is complete

Note: Loans are approved based on eligibility and on a case-by-case basis, subject to fund availability.

Eligible Courses

This scheme supports a wide range of full-time professional and technical programs from recognized institutions in India or abroad, including:

• Engineering & Technology: Diploma, B.E., B.Tech., M.Tech.

• Medical & Allied Sciences: MBBS, MD, MS, BDS, MDS, Nursing, Physiotherapy, Pathology

• Management & IT: BBA, MBA, BCA, MCA

• Pharmacy: B.Pharm., M.Pharm.

• Law, Education, Physical Education, Journalism

• Commerce & Finance: CA, CS, ICWA, Actuarial Sciences

• Others: Hotel Management, Architecture, Clinical Tech., Mass Communication, Geriatric Care, Lab Technician, AMIE, and doctoral studies (M.Phil., Ph.D.)

Eligibility Conditions

Applicants must meet the following criteria;

• Domicile: Must be a permanent resident of Haryana

• Caste: Must belong to the Scheduled Caste (SC) community

• Age: Between 18 and 45 years

• Family Income: Annual income must not exceed ₹3,00,000

  • 50% of seats reserved for families with income ≤ ₹1,50,000

  • The remaining 50% for income up to ₹3,00,000

• Should be pursuing or admitted to a full-time recognized professional or technical course

• The loan is available once per student at either diploma/graduate or postgraduate level (except integrated courses)

How to Apply – Online Process

Option 1: Apply via the HSFDC Website

1. Eligible students may visit the HSFDC Official Website.

2. Navigate to the ‘NSFDC Assisted Scheme’ section.

3. Click on ‘Apply for Loan’

4. Register with details like name, Aadhaar number, email, and mobile number.

5. Verify via OTP and proceed to complete the application form.

6. Upload documents and submit

7. Save your user ID and password for future logins

8. Finalize the profile and submit the completed application

Option 2: Apply via Antyodaya-SARAL Portal

1. Navigate to the Antyodaya-SARAL Portal.

2. If new, click on ‘New User’ and register,

3. Complete OTP verification.

4. Login using registered credentials.

5. Search for ‘NSFDC Education Loan Scheme’ under services.

6. Fill out the application form and upload documents.

7. Preview and click Submit.

Track Your Application

You can track the status using your Application ID on either the HSFDC or SARAL portal.

NOTE: For offline application process, eligible students should apply for loans through the concerned District Managers of the Corporation in the State along with documentary evidence of having secured admission to recognized regular full-time professional/ technical courses.

Necessary Documents for Application

• Aadhaar Card

• Parivar Pehchaan Patra (PPP ID)

• SC Certificate (Issued by competent authority)

• Proof of residence (e.g., Ration Card)

• Income Certificate

• Copy of admission letter with fee details

• Proof of date of birth (School Leaving Certificate)

• Education qualification certificates

• Passport, visa (for abroad studies)

• Foreign exchange permit (if applicable)

• Accreditation certificate of course/institute

• Business proposal (if applicable)

• Identity card from the institute

• Prospectus or course structure

• Embassy confirmation (for foreign admissions)

Frequently Asked Questions (FAQs)

Q: What is the NSFDC Education Loan Scheme?
A: It’s a low-interest educational loan scheme for SC students in Haryana for pursuing professional/technical courses in India or abroad.

Q: What is the maximum loan amount?
A: ₹10 lakhs for studies in India and ₹30 lakhs for studies abroad.

Q: When does loan repayment begin?
A: 6 months after completing the course or gaining employment—whichever comes first.

Q: Who is eligible?
A: SC students aged 18–45, residents of Haryana, with family income below ₹3 lakhs per year.

Q: Is there a loan tag on the degree?
A: Yes, the student’s degree will be marked to reflect repayment liabilities.

Q: Can students doing integrated courses apply?
A: Yes, if the course covers diploma to post-graduation in one program.

References & Useful Links

• NSFDC Website

• Antyodaya-SARAL Portal