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Best Indian government scheme that help students for their studies

Because of their financial difficulties, many students are finding it difficult to get their studies. For this, the Indian government had launched more schemes that help students to easily get educational loans and avoid financial problems to study. In this article, we will see some of the best schemes that help students more,

  • Padho Pradesh scheme
  • Dr. Ambedkar central sector scheme
  • Central Scheme of Interest subsidy for educational loan
  1. Padho Pardesh scheme


This scheme aims to provide meritorious students from economically disadvantaged parts of notified minority communities, as specified in section 2(c) of the National Commission for Minorities Act, 1992, with interest subsidies that helps them to get a higher education abroad and thus increase their employment prospects.


Students are eligible for a 100 percent interest subsidy on an educational loan until the term of this agreement (i.e. course period plus one year or six months after getting a job, whichever comes first) as recommended by the Indian Banks Association’s Education Loan Scheme(IBA).

  1. Dr. Ambedkar Central Sector Scheme


It is the same as the Padho Pardesh scheme. This scheme aims to provide meritorious students from the Other Backward Classes and Economically Backward Classes with interest subsidies so that they can pursue higher education abroad and improve their employability.


All educational loan interest will be discounted. The interest subsidy is only available during the moratorium era. Furthermore, this applies only to the interest on amounts up to Rs. 20 lakhs and for loans above Rs. 20 lakhs is required to pay interest. Discover more about this scheme here

  1. Central Scheme of Interest Subsidy for an educational loan(CSIS)

This scheme was established by the Ministry of Human Resources Development’s Department of Higher Education.


This scheme was proposed to reduce financial problems for students to study. This is applicable only for the student who is financially weaker for studying technical/professional courses in India and abroad. For the duration of the moratorium, an interest will not be considered.


With this scheme, students need not pay interest for an educational loan for a specific period that is included in the government scheme agreement. That may be a full course period(12 months) or after 6 months of getting a job.