The finance minister of India Mrs. Nirmala Sita Raman has recently launched a Education Loan e Voucher Scheme 2024. For the students of class 12th. In this initiative finance minister of India wants to provide financial assistance upto INR 10 Lakhs at a very low interest of 3% per annum.due to this the eligible candidate can be complete their higher qualifications in a very easy way without any financial worries. If you want to persue this Education Loan e Voucher Scheme 2024 here are some eligibility criterias that are given below. If you fulfill all these conditions then you are eligible for this scheme. Read the article to know more about this Education Loan e Voucher Scheme 2024.
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Information About Education Loan e Voucher Scheme 2024
During the setting of financial budget of the 2024-25. The finance minister of India Mrs. Nirmala Sita Raman forced the top authorities of India to launched Education Loan e Voucher Scheme to provide financial assistance to the students who passed their class 12th examinations this year. But this Education Loan e Voucher Scheme 2024 is only applicable for those students whose families is not in a condition to provide higher qualification due to their financial unstable conditions.
Under this scheme, government of india provide a loan of INR 10 LAKHS at a interest of 3% per annum. Trough this scheme a student who belongs to financially weak background can be easily complete their higher degree qualifications with the aid of this financial assistance.
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Overview of Education Loan e Voucher Scheme 2024
| Scheme Name | Education Loan e Voucher Scheme 2024 |
| Launched by | Finance Minister of India. |
| Year of Launching | 2024 |
| Benefits | Provide Financial Assistance. |
| Benificiaries | Students of India. |
| Application Mode | Online. |
| Official website | Coming soon. |
Objective of Education Loan e Voucher Scheme 2024
The main objective of this scheme is to provide financial support to those students whose families are not able to provide higher qualifications to their children. The government of India introduced Education Loan e Voucher Scheme taken as a small step towards financially unstable students to make their carrier better. Under this government provides loan as a financial assistance of INR 10 lakh at a little bit interest of 3% per annum. This loan aid the students in achieving their higher education without any financial issue.
Benefits of Education Loan e Voucher Scheme 2024
Here are the of benefitis related to this Education Loan e Voucher Scheme 2024.
- This scheme aid the students in completing their higher qualifications.
- Under this scheme government of India gives a loan of INR 10Lakhs at a 3% interest per annum.
- Every student of India can eligible to pay back the loan amount easily with the aid of annual interest of only 3%.
- Due to this financial assistance every student of India can build a successful carrier.
- There is no boundary, every Indian student can fill the application form.
Eligibility criteria
- The applicant must be a permanent citizen of India.
- The student should belongs to financially unstable background.
- The annual income of the student’s family must not be more than 1 lakh per annum.
Required Documents
- Aadhar card
- Resident Proof
- E-mail ID
- Electricity bill
- Bank details
- Phone Number
Process to Apply Online Education Loan e Voucher Scheme 2024
Step 1: Firstly, you need to visit the official website to fill out the application form.
Step2: Now, the applicant needs to click on the option apply here.
Step 3: Then, the new page will be appear on your screen fill all the details and also attached all the necessary documents.
Step4: Now ,carefully check all the details and click on submit option.