• One-time financial assistance up to ₹50,000/- covers the interest component of educational loans availed from nationalized banks.


Note: The sanctioned amount is directly transferred to the borrower's bank account.

1. The applicant parent should be a teacher/lecturer working in a government or aided institution with life membership of the Welfare Fund.
2. The student must have passed each year or semester of the course on the first attempt.
3. The student should have studied from 1^st to 10^th standard in government or aided schools in Karnataka.
4. The applicant should have availed educational loan from a nationalized bank for professional education in medicine or engineering.
5. The educational loan should be taken for courses within India.
6. Only one child per family can avail of the financial assistance.
7. Assistance is only available for final-year students in vocational medical, engineering, or postgraduate programs.


• The retired teacher's children are not eligible for this scheme.

• Certified Mark Sheets of all years/semesters.
• Proof of Educational Loan (availed from a nationalized bank)
• Fee Payment Receipt
• Teacher’s life membership (LMS) card attested by the head of the institution.
• Proof of school attendance (from 1st to 10th standard) certified by the head of the school and Taluk Constituent Education Officer.
• HRMS Copy or recruitment approval for teachers from aided institutions.
• Bank Passbook (Attested by a notary)
• Loan Details (including loan account number and interest paid)