Comprehensive Educational Loan Scheme in Sikkim – Details & Process: Learn about the Comprehensive Educational Loan Scheme in Sikkim, including eligibility, benefits, application process, and required documents.
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Important Details – Overview
| Details | Description |
|---|---|
| Scheme Name | Comprehensive Educational Loan Scheme |
| Launched By | Department of Personnel, and Reforms, Training, Public Grievances, Government of Sikkim |
| Interest | Free of interest for the duration of the course |
Benefits of the Loan
| Location | Maximum Loan Amount |
|---|---|
| Within Sikkim | ₹5,00,000 |
| Studies in India | ₹7,50,000 |
| Studies Abroad | ₹15,00,000 |
Eligibility Criteria
| Eligibility Criteria | Details |
|---|---|
| Applicant | Must be a student |
| Family Income (India) | ₹2,50,000 per annum |
| Family Income (Abroad) | ₹5,00,000 per annum |
| Institution | Must be recognized by relevant authorities |
| Family Benefit | Only one member per family except BPL families |
| BPL Families | Eligible for studies in Sikkim |
Application Process
Follow these steps to apply:
- Visit the Sikkim Industrial Development & Investment Corporation during office hours to request a hard copy of the application form.
- Fill out the application form and attach all required documents. Self-attest documents if needed.
- Submit the completed application form and documents to the Sikkim Industrial Development & Investment Corporation.
- Get a receipt or acknowledgment that includes the submission date, time, and a unique identification number (if applicable).
Documents Required
Prepare the following documents:
| Document | Description |
|---|---|
| Income Certificate | Certified by the District Collector |
| Admission Proof | From a recognized institution |
| Employment Affidavit | Affidavit of not being employed |
| Project Certification | Project viability and technical feasibility certification |
Frequently Asked Questions (FAQs)
| Question | Answer |
|---|---|
| Who can apply for the loan? | Students who meet the eligibility criteria can apply. |
| Is the loan interest-free? | Yes, the loan is interest-free for the duration of the course. |
| What is the maximum loan amount for studies abroad? | The maximum loan amount for studies abroad is ₹15,00,000. |
| What documents are needed for the application? | You need an income certificate, admission proof, an affidavit of not being employed, and project certification. |
| How can I submit my application? | Submit your application form and documents to the Sikkim Industrial Development & Investment Corporation. |
| What should I do after submitting my application? | Request a receipt or acknowledgment with details of your submission. |
Tags: Comprehensive Educational Loan Scheme, Sikkim