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Dr Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies for Other Backward Classes (OBCs) and Economically Backward Classes (EBCs)

Ministry Of Social Justice and Empowerment

Economically Backward Class
Education
Interest
Loan
Other Backward Class
Subsidy
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Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
"Dr Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies for Other Backward Classes (OBCs) and Economically Backward Classes (EBCs)" is an Education Loan Scheme by the Department of Social Justice and Empowerment, Ministry of Social Justice and Empowerment.

Implementing Agency
The Scheme will be implemented by the Nodal Bank as per the MoU between the Banks and the Ministry of Social Justice & Empowerment.

Scope
The scheme provides interest subsidy to the students belonging to the OBCs and EBCs on the interest payable for the period of the moratorium for the Education Loans for overseas studies to pursue approved courses of studies abroad at Masters, M.Phil. and PhD level.

Objective
To award interest subsidies to meritorious students belonging to the Other Backward Classes and Economically Backward Classes to provide them with better opportunities for higher education abroad and enhance their employability.
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