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The "Comprehensive Educational Loan Scheme" was launched by the Department of Personnel, and Reforms, Training, Public Grievances, Government of Sikkim. The scheme aims to provide...

Department: · Level: state · State: Sikkim

Benefits

- The maximum loan amount is тВ╣5,00,000/- for full-time professional courses within Sikkim - The loan amount of тВ╣7,50,000/- for studies in India, and тВ╣15,00,000/- for studies abroad. **Note:** In case of discontinuity of studies or the loanee dies, the co-applicant shall be liable to refund the entire amount of the loan within a period not exceeding one year.

Eligibility

1. The applicant should be a student. 1. The applicant's family annual income should not exceed тВ╣2,50,000/- for studies within India and тВ╣5,00,000/- for studies abroad. 1. The institution where the applicant wants to study, whether in India or abroad, must be recognized by the relevant authority in India. 1. Only one member per family shall be considered for the benefit, except in the case of Below Poverty Line (BPL) families. 1. Only members of Below Poverty Line (BPL) families will be considered for the study in Sikkim. Note: Children of Government/Public Sector Undertaking employees are also eligible.

How to Apply

**Offline** **Step 1:** The interested applicant should visit (during office hours) the Sikkim Industrial Development & Investment Corporation and request a hard copy of the prescribed format of the application form from the staff exclusively entrusted to issue and collect filled-in applications. **Step 2:** In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required). **Step 3:** Submit the duly filled and signed application form along with the documents to the Sikkim Industrial Development & Investment Corporation. **Step 4:** Request a receipt or acknowledgment from the Sikkim Industrial Development & Investment Corporation to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

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