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Name of the scheme: NHFDC Loan Scheme for Vocational Education and Training for Persons with Disabilities
Purpose:
The scheme aims to provide financial support to eligible Persons with Disabilities (PwDs) who have the minimum educational qualification, as required by the institution/organization running the vocational education or Training course eligible under the scheme.
Nodal agencies: State Channelizing Agencies (SACs) of National Handicapped Finance and Development Corporation (NHFDC), Regional Rural Banks and other NHFDC affiliated institutions.
Age criteria: An individual must be above 18 years of age.
Quantum of Finance:
Need based finance to meet expenses of up to Rs. 2 lakh
Expenses considered for loan:
- Tuition / course fee
- Examination / Library / Laboratory fee
- Caution deposit
- Purchase of books, equipments and instruments
- Any other reasonable expenditure found necessary for completion of the course.
- Boarding Lodging
- Necessary aids and appliances required for completion of course, on need basis.
Repayment: Up to 7 years after commencement of the repayment
For more details, contact here
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