AI SummaryEducation Loan Scheme: Haryana Women Development Corporation supports female students from Haryana in pursuing higher education by providing financial help and an interest subsidy to reduce their money burden. The scheme has been in place since 1 April 2007 and is still open for eligible girl students.
Haryana Women Development Corporation runs this scheme to encourage girls from the state to complete graduate, postgraduate, doctoral and post-doctoral courses in India or abroad. A 5% per annum interest subsidy is paid to the banks on behalf of the student, which brings down the cost of the loan and makes higher studies easier for families.
Education Loan Scheme: Haryana Women Development Corporation - Introduction
The main aim of the scheme is to help women and girls of Haryana reach their academic goals without carrying a heavy loan burden. The corporation works with banks under a tie-up education model and pays the interest subsidy directly to the bank. This reduces the amount the student or guardian has to repay.
There is no income, caste or religion limit to apply. Any girl who holds a Haryana domicile, including children of Haryana government employees, can apply for the subsidy. The support covers technical diplomas, graduate, postgraduate, doctoral and post-doctoral courses, both at home and abroad.
Key Information
| Detail | Information |
|---|---|
| Scheme Name | Education Loan Scheme: Haryana Women Development Corporation |
| Level | State |
| Beneficiary State | Haryana |
| Target Beneficiaries | Female Students |
| Benefit Type | Interest Subsidy |
| Subsidy Rate | 5% per annum |
| Nodal Department | Women and Child Development Department |
| Started From | 1 April 2007 |
Benefits
The scheme gives clear financial support that lightens the cost of education loans. Here are the main benefits:
- Financial support: Eligible girl students get help through a bank tie-up education model, so the loan process is simpler.
- Interest subsidy: The corporation pays a 5% annual interest subsidy to the bank on behalf of the student.
- Lower repayment burden: Because the interest is partly covered, the total amount the student or guardian repays comes down.
- Special adjustment for bank employees: If a parent works with an SBI Group bank and the student already gets a lower interest rate, the corporation pays only the difference so the full 5% benefit is still received.
Eligibility
Any girl who meets the following conditions can apply for the scheme:
- The applicant must be a permanent resident (domicile) of Haryana.
- Children of Haryana government employees are also eligible.
- The course can be a technical diploma, graduate, postgraduate, doctoral or post-doctoral program.
- There is no income, caste or religion requirement.
- The subsidy is available for studies both in India and abroad.
Application Process
Applications are submitted online through the Antyodaya-SARAL portal of Haryana. Follow these steps to apply:
STEP 1 - Visit the official Antyodaya-SARAL Portal and register using your mobile number and email.
STEP 2 - Log in to your dashboard and look for the list of available schemes.
STEP 3 - Select the Education Loan Scheme and click on 'Apply for Service'.
STEP 4 - Enter your details carefully and submit the application.
If you prefer offline help, you can visit the nearest Atal Seva Kendra and submit your documents. There is a nominal service charge of ₹10 for this process.
You can track your application status through the online tracker or by sending an SMS with the text 'SARAL' to 9954699899.
Documents
Keep the following documents ready before you apply:
- Haryana Domicile or Residence Certificate
- Bank Sanction Letter
- Certificate from the educational institution and current fee receipts
- Bank loan interest statement
- Required bank performa
- Aadhaar Card or Family ID (PPP) / Government Employee ID card
- Passport size photograph
- A certificate confirming that no subsidy is being claimed from other agencies
- A parental affidavit if studying abroad
References
For more detailed information, visit these official links:
FAQ's
What is the purpose of this scheme?
The scheme encourages women and girls from Haryana to pursue higher education by reducing their money burden through an interest subsidy.
Who can apply for this scheme?
All female students holding a Haryana domicile, including children of state government employees, are eligible.
Does this cover international studies?
Yes, the subsidy can be applied for higher education in both India and abroad.
What is the subsidy amount?
The corporation provides a 5% per annum interest subsidy to the banks, which lowers the borrowing cost for the student.
What happens if my parents already get a low-interest loan from an SBI Group bank?
The corporation will subsidize the difference so that the full 5% benefit is still received.
What are the application fees?
The government takes no application fee, though a service charge of ₹10 may apply at an Atal Seva Kendra.