- Education Loan Scheme
Educational loans are being provided to Adi Dravidar and Tribal students for pursuing Professional and Technical courses in India and abroad. The loans are sanctioned at low interest rates through Financial Development Corporations such as NSFDC, NSTFDC and NSKFDC.
Educational loans are provided to students pursuing full-time courses at very low interest rates.
- Adi Dravidar Students: Educational loan upto Rs.40.00 lakh for pursuing education in India and abroad.
- Tribal Students: Educational loan upto Rs.10.00 lakh for pursuing education in India and abroad.
- Children of Cleanliness Workers: Educational loan up to Rs.10.00 lakh for pursuing education in India and up to Rs.20.00 lakh for pursuing education in abroad.
Eligibility
- The applicant must belong to Scheduled Caste, Scheduled Tribe or Dependents o Cleanliness workers.
- The annual family income should not exceed:
- Rs.5.00 lakh for Scheduled caste students.
- Rs.3.00 lakh for Scheduled Tribe students.
- Rs.4.50 lakh for Dependents of Cleanliness Workers.
Rate of Interest
- SC students 6.5%
- ST Students: 6%
- Dependents of Cleanliness Workers:
- Education in India – 6%
- Education abroad – 7%
- Female students pursuing education in India – 5.5%
- Female students pursuing education abroad – 6.5%
Repayment
- Interest amount must be paid by the student every month from the Sanction of the educational loan
- After completion of the course, the principal and interest amount shall be repaid in 60 monthly instalments over a period of 5 years, whichever is earlier.
Mode of Application (Department Website / e-Sevai Centre / Direct Submission)
Apply Online: https://tel.tahdco.com/
Documents to be Submitted by the Applicant
Community Certificate, Income Certificate, Aadhaar Card, Family Card, Project Report, Quotation.
Mode of Application (Department Website / e-Sevai Centre / Direct Submission)
Apply Online: https://newscheme.tahdco.com
Designation of the Contact Officer
District Manager, TAHDCO
Department Head Office – Telephone Number / Email / Website
Director
Tamil Nadu Adi Dravidar Housing and Development Corporation Ltd. (TAHDCO)
No. 31, Cenotaph Road, Teynampet, Chennai – 600018.
Website: www.tahdco.com
Telephone: +91 44 2431 0221
Email: tahdcoheadoffice@gmail.com.