Mukhyamantri Gyandeep Yojana Himachal Pradesh – The State Government of Himachal Pradesh has lauched a new Mukhyamantri Gyandeep Yojana. This scheme is specially launched for those students who have passed 12th class. Under this scheme, the government is providing education up to Rs.1 lakh to the students on the interest rate of four percent. Those students who want to get their higher education they can get the benefit of this scheme.
Objective of Mukhyamantri Gyandeep Yojana Himachal Pradesh
This is a sarkari yojana of Himachal Pradesh Government which is launched with an aim to provide education loan to the 12th pass students on the interest rate of 4%. Under this scheme, the government is providing up to a maximum loan of Rs.10 lakh for getting professional, technical and higher education, the interested students can apply for education loan from any nationalized bank branch. Only those students can apply for this scheme who has passed 12th class from a recognized institution, school or collage in the country.
According to the scheme, the loan amount will be recovered after one of the completion of the course. In this scheme, the UCO Bank has become a nodal bank. The education loan will be provided on the interest rate of 4% and remaining interest will be paied by the state government which will rapay the banks twice a year. However, the banks are providing education loan on the interest rate of 10%.
Benefits of Mukhyamantri Gyandeep Yojana Himachal Pradesh
- Under this scheme, the government is providing education loan on the interest rate of 4%.
- The benefit of the scheme will be given to the only 12th pass students who want to get their higher education.
- In this scheme, the students can get education loan upto Rs.1 lakh and maximum loan up to 10 lakh who want to get professional, technical and higher education.
- The bank will start the loan recovery process after the end of the loan.
Economically Poor Students will be Benefitted
This scheme will be very beneficial for the economically weaker students of the Himachal Pradesh. It will provide great relief to the poor students. Under this scheme, the eligible students can apply for education loan from any nationalized bank. The application form will be available at the bank branch.
How to Apply for Mukhyamantri Gyandeep Yojana
The interest students can obtained the application form from the any nationalized bank. The completely filled application form with required documents to be submitted at the same bank branch of the bank. After the approval of the application, the loan amount will be credited into the bank account of the student.