Padho Pardesh Yojana: Padho Pardesh Yojana has been launched by Central Government for students. Under which interest subsidy is given to minority students who want to pursue MPhil, Master or PhD from abroad.
Main objective of Study Abroad Yojana is to provide financial assistance to promising students from economically weaker sections of notified minority communities by providing interest subsidy so that they get better opportunities of higher education abroad and employment for them. Follow the below process for fast loan approval.
Govt Will Provide Loan of ₹50,000 to ₹6,00000 for Studies
Padho Pardesh Yojana Online Apply Registration Link
Table of Contents
Overview of Padho Pardesh Yojana
| Article Name | Get Financial Assistance Up to Rs.20 lakhs For Studying Abroad |
| Yojana Name | Padho Pardesh Yojana |
| Launched By | Govt of India |
| Beneficiary | Providing Loans For Education |
| Benefit | Get Loan Up to Rs.20 Lacs |
| Toll Free No. | 101800112001 |
| Official Portal | Click Here |
List of Subjects & Courses Under Padho Pardesh Yojana
- Arts/Humanities/Social Sciences
- Commerce
- Pure Science
- Engineering
- Biotechnology/Genetic Engineering
- Industrial Environmental Engineering
- Nanotechnology
- Farm Power and Machinery
- Veterinary Science
- Soil and Water Management
- Plant Breeding and Genetics
- Automation Robotics including Artificial Intelligence
- Laser Technology
- Low Temperature Thermal Dynamics
- Optometry
- Art Restoration Technology
- Dock and Harbor Engineering
- Imaging Systems Technology
- Composite Materials Engineering including decentralized power distribution (for solar heating) systems, energy
- storage engineering, energy conservation, energy efficient housing
- Packaging Engineering/Technology
- Nuclear Engineering
- Information Technology including computer engineering, software, software quality assurance, networking/connectivity engineering, communication systems in hazardous or post-disaster situations, multi-media communications
- Industrial Safety Engineering
- Agriculture and Agricultural Technology
- Agronomy
- Medicine
- Marine Engineering
- Petrochemical Engineering
- Plastics Technology
- Cryogenic Engineering
- Mechatronics
- Floriculture and Landscaping
- Food Science and Technology
- Forestry and Natural Resources
- Horticulture
- Plant Pathology
- Energy Studies
- Small-Scale Rural Technology
- M.B.A.
- Ocean and Atmospheric Science
- M.C.A.
Eligibility Criteria
- He/She should be admitted in a Master’s, MPhil or Ph.D. program abroad.
- He/She should be enrolled in a recognized university or educational institution abroad.
- Annual family income of the student should not be more than Rs 6,00,000.
- Student will have to take a loan from a scheduled bank under the Education Loan Scheme of Indian Banks Association (IBA) for subsidy assistance.
- Student will have to apply for Padho Videsh Yojana during the first year of any course. Applications made in the second year or subsequent years of any course will not be entertained.
- First come first served basis for applications in this scheme as per the interest rate offered by different banks for each state/UT.
- Financial and subsidy will be paid through Aadhaar of the student.
Benefits of Padho Pardesh Yojana
Financial assistance: In Padho Pardesh scheme, candidates are given interest subsidy on education loan which helps in reducing the cost of education abroad for minority students. Every year around 400 students are selected by Ministry of Minority Affairs for interest subsidy to study abroad. Each student is given interest subsidy up to Rs 20 lakh for studying abroad. That means candidate will get interest subsidy on loan of up to Rs 20 lakh.
Accessibility to Education: Study Abroad Scheme aims to support minority students from all over to fulfill their dream of studying abroad, regardless of the financial background of the students.
Better Employment: Studying abroad gives more opportunities in employment. Padho Pardesh scheme helps minority students to achieve their career goals.
Personal and Professional Growth: Studying abroad brings lots of benefits in both personal and professional life of the students. Padho Pardesh Scheme aims to develop skills and knowledge of minority students at global level.
Documents Requirement For Padho Pardesh Yojana
- Padho Pardesh Application Form
- Admission letter for the relevant course
- Passport
- Annual income certificate
- Education loan application form
- Aadhar card
- Bank diary/PAN card
- Passport size photo
- Mobile number
- Email ID Signature etc.
How To Apply for Padho Pardesh Yojana 2024
Apply online in Padho Pradesh Yojana. Here is the complete information of Padho Pradesh Yojana online form:
- Step: 1 Go to the official website of Ministry of Minority Affairs, Government of India.
- Step: 2 To apply online, click “Student Portal” and then “Click Here.”
- Step: 3 Now a new page of Padho Pardesh Yojana Online Form will open in front of you, fill the information here.
- Step: 4 Enter the OTP received on your mobile number and email ID here.
- Step: 5 Upload the required documents.
- Step: 6 Verify the information and click on “Submit”.
- Step: 7 After submitting the form, you will be contacted by bank employees through your mobile number. After process complete, you will get the benefit of subsidy loan under Padho Pardesh Yojana for the course.
FAQ Related Padho Pardesh Scheme
Do all students get interest subsidy guarantee under Padho Pardesh Yojana?
In Padho Pardesh Yojana, 400 students are selected by Ministry of Minority Affairs every year to get the benefit of interest subsidy for studying abroad.
What is the maximum loan amount under Padho Pardesh Yojana?
Under Padho Pardesh Scheme, a loan of Rs 20 lakh is given to the candidates to study for approved courses abroad on which interest subsidy is provided by Ministry of Minority Affairs.
