Fund your global education — without the guesswork.

A central scheme launched by the Government of India (2024) to provide collateral-free, guarantor-free education loans to meritorious students at 860+ Quality Higher Education Institutions (QHEIs). Includes 3% interest subvention for family income up to ₹8 lakh and a Credit Guarantee up to ₹7.5 lakh.

The Central Sector Interest Subsidy Scheme (CSIS) covers 100% interest during the moratorium period for students from Economically Weaker Sections pursuing technical/professional courses within India, but forms the template on which many state and abroad-adapted subsidies are built.

Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies for Other Backward Classes (OBCs) and Economically Backward Classes (EBCs) — administered by the Ministry of Social Justice and Empowerment.

Several state governments run their own education-loan interest subsidy or scholarship-linked loan schemes for domicile students studying abroad — e.g. Kerala's Higher Education Loan Repayment Support, Tamil Nadu's Dr. Ambedkar overseas scholarship, Telangana's Overseas Scholarship, Karnataka's Prabuddha scheme.

The Credit Guarantee Fund Scheme for Education Loans provides guarantee cover up to 75% for education loans up to ₹7.5 lakh — enabling banks to give collateral-free, third-party-guarantee-free loans.