Arivu Education Loan Scheme Apply Online @kmdconline.karnataka.gov.in

Arivu Education Loan Scheme Apply Online @kmdconline.karnataka.gov.in

Education Loan: Up to 3 lakh educational loan scheme for students Arivu Education Loan Scheme Apply Online @kmdconline.karnataka.gov.in

Hi all, Do you need to avail educational loan? 3 lakhs from the government for higher education of you or your children. More information about Arivu Education Loan Scheme is given in this article, read the details and apply.

Loans are provided by the Corporation to students selected for MBBS/ BDS/B AYUSH/Bachelor of Architecture/Bachelor of Engineering/Bachelor of Technology courses through Karnataka Examinations Authority (CET/NEET) under Arivu Vidyabhyasa Loan Scheme.

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Arivu Education Loan Scheme 2023 Brief Information

Name of SchemeAmountLoan LimitName of Corporation
Arivu Vidya Bhayasya Loan SchemeRs. 50,000 per yearRs. 3,00,000 to Rs. Loan up toKarnataka Minority Development Corporation Pvt

Vocational Education under Awareness Scheme

  • Vocational Education under Awareness Scheme ie MBBS, MD, MS, B.E, B.Tech, M.E, M.Tech, BDS, MDS, B.Ayush, M.Ayush, MBA, MCA, LLB, B.Arch, M.Arch, B .Sc in Horticulture, Agriculture, Dairy Technology, Forestry, Veterinary, Animal sciences, Food Technology, Bio Technology, Fisheries, Sericulture, Home/community Sciences, Food Nutrition and Dietetics, B.Pharma, M.Pharma, Pharma.D,and 50,000 per year for the minority students who want to do D.Pharma course and they complete the course. 3,00,000 to Rs. Loans are sanctioned up to
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Such student will have to repay the loan with a service charge of 2% after 6 months of graduation. The annual income limit of the family under this scheme should not exceed Rs.8 lakhs.

Arivu Education Loan Scheme 2023 Eligibility

  • For MBBS, MD, MS courses through Karnataka Examinations Authority (CET/NEET), students selected in Govt/Private Colleges under Govt Quota will receive a maximum of Rs. 3,00,000/- will be given.
  • Selected through Karnataka Examinations Authority (CET/NEET) B. D. For S, MDS courses up to a maximum of Rs 1,00,000 for students selected to Government/Private Colleges under Government Quota and for B.Ayush and M.Ayush courses, students selected for Government/Private Colleges under Government Quota up to a maximum of Rs. 50,000 to release s.
  • Bachelor of Architect/Engineering/Technology (B.E./B.Tech), M.Tech, M.E. selected through Karnataka Examinations Authority (C.E.T./NEET). B. Arch. Release of maximum Rs 50,000 to students pursuing M.Arch, selected in Government/Private Colleges under Government Quota.
  • Students selected for MBA, MCA, LLB courses through Karnataka Examinations Authority (CET/NEET) will be given a maximum loan of Rs.50,000/- for tuition fee only.
  • Selected through Karnataka Examinations Authority (CET/NEET) B.Sc. In Horticulture, Agriculture, Dairy Technology, Forestry, Veterinary, Animal science, Food Technology, Bio Technology, Fisheries, Sericulture, Home/community Sciences, Food Nutrition and Dietetics, courses for students selected in Government Quota to Government/Private Colleges tuition fee only is maximum Rs. 50,000/- will be given as loan.
  • For B.Pharma, M.Pharma, Pharma.D,and D.Pharma, courses selected through Karnataka Examinations Authority (CET/NEET) for students selected in Govt/Private Colleges under Govt Quota Tuition fee only is Rs.50,000/- maximum. will be given as a loan.
  • Annual family income from all sources is Rs. Should be less than 8,00,000/-. The loan taken by the student has to be repaid within a period of 48 months after 1 year of completion of the course with an interest rate of 2%.

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Documents required for Arivu Education Loan Scheme 2023:

  • Caste certificate issued by competent authority
  • Income certificate issued by competent authority
  • Copy of Aadhaar Card (Proof of Residence)
  • CET Admit Card
  • NEET Admit Card
  • SSLC/10th Class Marks List
  • Diploma/PUC Marks List
  • Indemnity Bond
  • Self declaration letter of the student
  • Self declaration letter of parents

How to apply for Student Loan Scheme?

Eligible candidates can apply online along with necessary documents, application link is provided.

Arivu Education Loan Scheme Online Application Link:

ContentDownload Link
Apply Online Click Here
Registration Click Here
Official WebsiteClick Here

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Arivu Education Loan Yojana Important Dates:

  • Last Date of Application Submission: 25-09-2023

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