Padho Pardesh Scheme

The Ministry of Minority Affairs, the Government of India, and the IBA introduced the Padho Pardesh scheme for students from minority communities pursuing education overseas. The scheme provides interest subsidy on your education loan provided you meet their eligibility criteria

• You belong to the economically weaker section with a gross family income within Rs. 6 lakh annually. You must present the income certificate issued by the state government to avail of this scheme.
• You must issue a self-declaration or certificate of belonging to the minority community as declared under section 2(C) of the National Commission for Minorities Act, 1992

If you need funds for pursuing your higher education but aren’t eligible for the Padho Pardesh scheme, consider other education loan schemes such as the Bajaj Finserv loan against property for higher education. Meet our simple eligibility criteria and get the loan amount in your account within 72 hours*. Opt for our Flexi facility to withdraw and pre-pay as per your needs and availability of funds. You can lower your EMIs by up to 45%* if you choose to pay only interest as EMI for the initial tenor. If you need to refinance an existing loan, you can avail of our hassle-free balance transfer facility at nominal charges and get up to Rs. 1 crore as a top-up loan.

Once you have submitted your loan against property application, our associate will call you to assist you with the next steps within the next 24 hours*.

*Terms and conditions apply