What is the educational loan for students in India under Divyangjan Swavalamban Yojana?
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1 Answer
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The upper limit to extend concessional credit through various NHFDC schemes would be INR 50 Lacs per beneficiary/unit. The actual loan amount within the upper limit of INR 50 Lacs shall be determined by implementing agencies based on the needs of the activity/project being funded as well as repaying capacity of the borrower within the maximum repayment period. For details, students can check the table below:
Rate Interest (%) Implementing Agency margin (%) Rate of Interest to PwDs (%) Loan amount-INR 50 lakh- 1% 3 4
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