• Canara
  • QHEIs

Interest subvention for Top 1051 Quality Higher Educational Institutions (QHEIs)

Eligibility:

  • Student is eligible for 3% interest subvention only if he secures admission in Top 1051 Quality Higher Educational Institutions (QHEIs) as identified by Department of Higher education, Ministry of Education.
  • The student whose family income is between Rs. 4.50 Lakh to Rs. 8.00 Lakh shall be eligible to apply for 3% interest subvention for all degree/diploma courses in the Top 1051 QHEIs.  
  • Certificate to this effect issued by authorized officers of State Government is to be submitted.
  • 3% interest subvention is available for the period of moratorium i.e Course Period plus 1 year.
  • Scheme is applicable for the loan amount availed from 07 Nov 2024 Onwards.
  • In a year, maximum of One lakh such interest subvention shall be provided as per guidelines issued by Department of education, Ministry of Education.

 

Canara Bank
PM-Vidyalaxmi Portal Section,
Retail Assets Vertical,
Retail Credit Wing,
Head Office (Annex.),
Ground Floor, Scope Minar,

Near Nirman Vihar Metro station

Laxmi Nagar New Delhi-110092
Email:   hogps@canarabank.com
Website: www.canarabank.bank.in