Arivu Education Loan 2023

 Arivu Education Loan 2023

Hello everyone, today in this article we are going to provide information about the awareness loan scheme from Alphanumeric Development Corporation.

Arivu Educational loan 2023: Loan facility under Arivu Loan scheme is being given to students who have passed CET and NEET examination in 2023-24 and entered various professional courses (MBBS / BDS / AYUSH / Bachelor of Architecture / Bachelor of Engineering / Bachelor of Technology) on behalf of Karnataka Minority Development Corporation.  .  Applications are already invited and eligible and interested candidates can apply.

Who can benefit from this scheme?

 Students belonging to minority ethnic groups, Muslims, Christians, Jains, Buddhists, Sikhs and Parsis of Karnataka state can apply.

 Students who have cleared CET and NEET examination and are admitted to various professional courses MBBS / BDS / AYUSH / Bachelor of Architecture / Bachelor of Engineering / Bachelor of Technology / Agricultural Sciences are eligible.

The annual family income from all sources of the applying aspirants should not exceed Rs.8 lakh.  Students from such families can submit this application.

 How much loan is available?:

 Under Arivu Educational Loan Scheme, students pursuing higher education will get educational loan facility up to a maximum of Rs.5 lakh.  An educational loan of Rs 1 lakh per annum with a maximum of Rs 4 lakh to Rs 5 lakh for the duration of the course.  This loan has an interest rate of 2% per annum.

 How to submit a loan application?

 Application can be submitted online at KMDC official website.

 After submitting the application online, the application should be submitted to the District Manager, Karnataka Minority Development Corporation at Maulana Azad Bhawan, Pandeshwar Nagar along with the notarized indemnity bond and other documents.

Documents required to apply:

 Caste and Income Certificate (Annual income should be less than 8 lakhs)

 Aadhaar card and ration card should be attached.

 CET / NEET Admit Card

 SSLC and PUC Marks List.

 Notarized indemnity bond with e-stamp of Rs.50

 2 Candidate and parent photo.

 The above documentation along with the online application and the indemnity bond should be submitted at the office.

The application process has started and the eligible and interested candidates should apply on the official website by July 10.

Please immediately share this article with all your friends, relatives and parents who have information about such loan schemes that can help in pursuing higher education, thanks.

Apply online

Our blog home page-educare.host

Our WhatsApp group- Join Group

Our telegram Group- Join Group