Odisha Kalinga Sikhya Sathi Yojana Online Apply Link- Odisha Kalinga Sikhya Sathi Yojana is a unique Scheme has been launched by Odisha Government on 27th June 2016. It provide educational loan for those students who are pursuing higher studies. In this article we learn about how to apply for Kalinga Sikhya Sathi yojana Education loan. Honourable CM of Odisha, Shri N. Pattanayak has been launched the Scheme. Higher education has become a far reach these days for the students who belong to middle to lower income groups as the courses fees often range to several Rank.
About Kalinga Sikhya Sathi Yojana
| About | Details |
|---|---|
| Name Of the Scheme | Kalinga Sikhya Sathi Yojana |
| Launching Date | 27th June 2016 |
| Interest Rate | 1% |
| Who get Benefit | Lower Income Group ST/SC/OBS/Women |
| Maximum Loan Limit | 10 Lakh |
| Annual Family Income | 4.5 Lakh/Year |
| Total Budget allocated | 500 Crore |
Kalinga Sikhya Sathi Yojana Education Loan
The Odisha government has come up with a new scheme named as Kalinga Sikhya Sathi Yojana for aspiring students for only 1% interested rate. Odisha Kalinga Sikhya Sathi Yojana is a unique Scheme has been launched by Odisha Government on 27th June 2016. It provide educational loan for those students who are pursuing higher studies. Odisha Kalinga Sikhya Sathi Yojana scheme is applicable to students availing educational loan from Scheduled bank.
Details about the Scheme Kalinga Sikhya Sathi Yojana
A student can avail the loan from the scheme “Kalinga Sikhya Sathi Yojana” from scheduled banks for pursuing higher studies. The scheme will give them up to 10- lakh to proceed for the higher courses.
- Maximum Loan– According to the rules of the scheme, a student can get maximum of 10 lakh rupees as a educational loan under the scheme.
- Maximum Loan– There are no minimum loan amount mentioned in the scheme. One can get any amount of loan for maximum 10 lakh.
- Period of Loan– The period of repayment will be upto 10 years and 15 years in respect of loan sanctioned up to 7.5 lakhs and 10 lakhs respectively.
- Rate of Interest– The applicants will have to pay only 1% of interest on the home loan.
Eligibility Criteria for Odisha Kalinga Sikhya Sathi Yojana
- The student must be a resident of Odisha.
- As per the eligible criteria the annual income of the family of the applicants up to 6 lakh per annum. The terms and conditions of the loan will be as per norms of individual Schedule banks.
- The loan application will processed by the rules of the bank.
Required documents for Odisha Kalinga Sikhya Sathi Yojana
- All educational Certificates , Including the documents indicating the admission in to technical/professional course.
- Residential Certificate.
- Income certificate
Courses for which you get Sikhya Sathi Yojana Loan
The students have professional courses like Medicine, Engineering, Business Management, Hotel Management, Nursing, Low, Fashion, Technology. The technical and professional courses apart from the regular B. Sc and BA courses needs higher courses fees as well as studying courses.
Benefits of Odisha Kalinga Sikhya Sathi Yojana
If you are a student of any professional course and have availed benefit of education loan from any bank after 1 April 2016 please note that you are entitled to get to get the loan to be converted to “Kalinga Sikhya Sathi Yojana”. You can get the interest rate very low. The loan payment duration is also high that’s why any one can easily pay the loan.
Lists of Banks for Offline Kalinga Sikhya Sathi Yojana Loan
- Allahabad Bank
- Andhra Bank
- Bank Of baroda
- Bank Of India
- Bank Of Maharastra
- Allahabad Bank
- IDBI Bank
- State Bank
- Bank of India
- All nationalised Banks
How to apply for Odisha Kalinga Sikhya Sathi Yojana Scheme
- At first visit the Official website https://dhe.odisha.gov.in/schemes-and-scholarship/online-application-module-for-scholarship-and-loan/kalinga-sikhya-sathi-yojna
- At this page you find Click here to apply Buttom.
- Now you redirect to https://www.vidyalakshmi.co.in/Students/ page.
- On this page you find apply now link. Click on the link and create a account and click on submit button.
- Then you successfully register on this portal.
- After registration candidates can make “Student Login” using the link by entering your Email Id and password.
- After login click on Kalinga Sikhya Sathi Yojana Apply form and fill it.
- Then fill the application form and Submit it.
How can I get Study Loan in Odisha ?
The Chief Minister Of Odisha has launched Sikhya Sathi Yojana Scheme. So that you get Study loan in low interest.
How can a Student get loan for Study ?
You can write the full article to get best loan for your students.
How much loan can I get for Study ?
In Sikhya Sathi Scheme you can get upto 10 lakh loan for your study.
Which bank gives study loan easily ?
All the bank provides Study Loan but Axis Bank get best study loan for students.