Padho Pardesh is a scheme of interest subsidy on educational loans for overseas studies for the students belonging to the minority communities. The scheme was launched by the Minis...
Key details
Department / Ministry: Ministry Of Minority Affairs
**Financial assistance:** The scheme provides an interest subsidy on education loans, which can help to reduce the cost of overseas education for minority students.1. **Increased access to education:** The scheme makes overseas education more accessible to minority students from all backgrounds, regardless of their financial situation.1. **Improved employability:** Studying abroad can give students a competitive edge in the job market, and the Padho Pardesh scheme can help minority students to achieve their career goals.1. **Personal and professional development:** Studying abroad can be a transformative experience, and the Padho Pardesh scheme can help minority students to develop their skills and knowledge in a global context.
Eligibility (who can apply)
Students must have been admitted to an approved master's, M.Phil, or Ph.D. program abroad.
Students must have been admitted to a recognized university or institution abroad.
Student's family income must not exceed ₹ 6,00,000 per annum.
Students must have obtained an education loan from a scheduled bank under the Indian Banks Association (IBA) Education Loan Scheme.
Students must apply for the scheme's benefits during their first year of study. Applications received in the second year or later will not be accepted.
Priority will be given to applications from states and union territories with lower bank interest rates.
Payment of financial benefits may be linked to the student's Aadhaar number.
How to Apply
**Online**
Open the [official website.](https://www.minorityaffairs.gov.in/show_content.php?lang=1&level=1&ls_id=739&lid=62) 1.
Click on the "[Apply Now](https://canarabankcsis.in/Padho_STD_Portal/login.aspx)" option.1.
Fill the required details
ISD Code,
Mobile number
Email ID.
Submit the details.
Frequently Asked Questions
Who is eligible for Padho Pardesh / what is the eligibility?
1. Students must have been admitted to an approved master's, M.Phil, or Ph.D. program abroad.
1. Students must have been admitted to a recognized university or institution abroad.
1. Student's family income must not exceed ₹ 6,00,000 per annum.
1. Students must have obtained an edu...
What are the benefits of Padho Pardesh?
1. **Financial assistance:** The scheme provides an interest subsidy on education loans, which can help to reduce the cost of overseas education for minority students.1. **Increased access to education:** The scheme makes overseas education more accessible to minority students from all bac...
How to apply online for Padho Pardesh?
**Online**
1. Open the [official website.](https://www.minorityaffairs.gov.in/show_content.php?lang=1&level=1&ls_id=739&lid=62) 1. Click on the "[Apply Now](https://canarabankcsis.in/Padho_STD_Portal/login.aspx)" option.1. Fill the required details
1. ISD Code,
1. Mobile...