Pradhan Mantri Uchchatar Shiksha Protsahan Yojana: Central Sector Interest Subsidy Scheme
✓ Information verified — April 2026This is a central government scheme run by the Ministry of Education that helps poor students pay for their education loans. It provides free interest payments on education loans during the study period and after graduation. The scheme is for students from families earning up to ₹4.5 Lakhs per year who take loans from banks under the Indian Banks' Association Model Education Loan Scheme.
What You Get
- Full interest subsidy (no interest charges) during the moratorium period on your education loan
- Covers loans taken for professional and technical degree programmes
- Helps reduce financial burden on economically weaker families
- Interest is paid by the government, not by the student
Who Can Apply
- Age: 12–45 years
- Annual parental income must be up to ₹4.5 Lakhs from all sources
- Student must belong to economically weaker sections
- Education loan must be taken under IBA Model Education Loan Scheme from a participating bank
- Applicable for professional and technical education programmes
- Open to students from all states across India
Documents Needed
0/6 collected
- 1. Aadhaar Card
- 2. Income Certificate
- 3. Education Loan Agreement
- 4. Bank Passbook
- 5. Admission Letter
- 6. Identity Proof
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
Share this scheme:
Comments (0)
Share your experience with this scheme
No comments yet. Be the first to share your experience!
Quick Facts
- Scheme Level
- Central Government
- Ministry
- Ministry of Education
- Category
- Education
- Target Gender
- All genders
- Age Group
- 12–45 years
- Application
- Check portal
- Last Updated
- 25 Apr 2026
Related Schemes
National Scholarship Portal – Central Schemes
The National Scholarship Portal is a single online platform run by the Ministry of Education where students across India can apply for various Central Government scholarships. It offers scholarships at different education levels — from school (Pre-Matric) to college (Post-Matric) — as well as merit-based awards. The portal helps deserving students from SC, ST, OBC, and minority communities access financial support to continue their studies.
View DetailsJunior/Senior Fellowship in the Field of Fine Arts
This fellowship scheme is run by the Sports, Youth and Cultural Activities Department of the Gujarat Government. It provides financial support and recognition to both junior (young) and senior artists working in fine arts disciplines like painting, sculpture, and other visual arts. The scheme aims to encourage artistic innovation, support creative research, and help artists sustain their practice in Gujarat.
View DetailsState Art Exhibition Competition
The State Art Exhibition Competition is run by the Sports, Youth and Cultural Activities Department of the Government of Gujarat. This scheme aims to promote fine arts and discover artistic talent across the state. It provides recognition, awards, and scholarships to artists, art students, and school children who participate in the competition.
View Details