What is Nbcfdc scheme?
What is Nbcfdc scheme?
National Backward Classes Finance & Development Corporation (NBCFDC) is a Govt. NBCFDC provides financial assistance through State Channelizing Agencies (SCAs) nominated by the State Governments/UTs. NBCFDC also provides Micro Financing through SCAs/ Self Help Groups (SHGs).
What is the maximum amount of education loan?
One of the most vital questions that you may wonder about is the amount of the educational loan. In general, you can get up to 4 lakhs of educational loan for higher studies without any collateral. Under education loan scheme, you can get a maximum of 15 lakhs for studies in India and more 25 lakhs for abroad studies.
Can I get education loan for CPA?
SBI Student Loan scheme: Courses covered: 1) Studies in India: Courses conducted by CIMA (Chartered Institute of Management Accountants) – London, CPA (Certified Public Accountant) in USA etc. For studies in India, you can opt for maximum Rs 10 lakhs loan, while for abroad Rs 20 lakhs borrowing is allowed.
How do I apply for Nbcfdc?
WHERE TO APPLY :
- Eligible persons desirous of obtaining financial assistance under NBCFDC schemes should contact the Distt.
- Eligible persons desirous of obtaining financial assistance under NBCFDC schemes can apply online at registration portal on NBCFDC website.
Who are called educational backward classes?
Other Backward Class (OBC) is a collective term used by the Government of India to classify castes which are educationally or socially disadvantaged. It is one of several official classifications of the population of India, along with General Class, Scheduled Castes and Scheduled Tribes (SCs and STs).
Which bank gives fastest education loan?
Compare Top Education Loan Offers 2021
| Education Loan Schemes | Interest Rate (p.a.) | Loan Amount |
|---|---|---|
| Axis | 13.70% to 15.20% | Up to 7.5 Lakh |
| Bank of Baroda | 6.75% to 9.85% | Up to 4 Lakh and above |
| HDFC | 9.45% to 13.34% | Max Apr |
| Tata Capital | 10.99% onwards | Up to 30 Lakh |
What are the caste comes under OBC?
Central OBC List
| Sl No. | Caste / Community | Gazette Resolution |
|---|---|---|
| 1 | Agasa | 12011/68/93-BCC(C) dt. 10/09/1993 |
| 2 | Ambalakkaran | 12011/68/93-BCC(C) dt. 10/09/1993 |
| 3 | Anglo Indian | 12011/68/93-BCC(C) dt. 10/09/1993 |
| 4 | Aremahrati | 12011/68/93-BCC(C) dt. 10/09/1993 |
What is the recovery period for NBCFDC loans?
The maximum recovery period may be 10 years after the lapse of the moratorium period of 5 years i.e. the loan will require to be repaid to NBCFDC by the Channel Partner within 15 years of the same being disbursed. The borrower can repay the loan any time after commencement of repayment of loan.
What is the maximum loan limit for NBCFDC?
90% of the expenditure of the course subject to maximum loan limit of Rs.15.00 Lakh per student (For study in India), the balance will be borne by student/SCA. 85% of the expenditure of the course subject to maximum of Rs.20.00 Lakh per student (For study in abroad), the balance will be borne by student/SCA.
Which is the National Backward Classes Finance and Development Corporation?
Education Loan Scheme of the NBCFDC National Backward Classes Finance & Development Corporation (NBCFDC) provides Educational Loans to the students of Backward Classes, the annual income of the family is below 3 lakhs for pursuing general/ professional/technical courses or trainings at graduate and/or higher levels.
What are the expenses of NBCFDC in India?
Admission Fee & Tuition Fee; Books; Stationery & other instruments required for the course; examination fee; boarding & lodging expenses; insurance premium for policy during the loan period. 90% of the expenditure of the course subject to maximum loan limit of Rs.15.00 Lakh per student (For study in India), the balance will be borne by student/SCA.
What is Nbcfdc scheme? National Backward Classes Finance & Development Corporation (NBCFDC) is a Govt. NBCFDC provides financial assistance through State Channelizing Agencies (SCAs) nominated by the State Governments/UTs. NBCFDC also provides Micro Financing through SCAs/ Self Help Groups (SHGs). What is the maximum amount of education loan? One of the most vital questions that…