Dr.Baba Saheb Ambedkar Loan for higher study in foreign countries.
Eligibility Criteria:
No income limit.
To be granted to Scheduled Caste students intending to prosecute higher studies in foreign countries.
Should have obtained Visa.
For Diploma and equivalent technical and professional and technical courses after obtaining 50% in Std.XII examination.
For post-graduate courses, sanction is being granted after obtaining 50% marks in Graduation level examinations.
Application is to be submitted before leaving abroad.
Pattern of Assistance:
Loan assistance for Rs. 15 lakhs with 4% interest rate.
Courses Eligible
Graduation: For job oriented professional / technical courses offered by reputed universities.
Post Graduation: MCA, MBA, MS. etc.
Courses conducted by CIMA-London, CPA in USA etc.
Regular Degree/ Diploma courses like Aeronautical, Pilot training, Shipping etc, provided these are recognized by local Aviation / Shipping authority and Director General of Civil Aviation/ shipping in India or the competent regulatory bodies in India / abroad for the purpose of employment in India / abroad.
List of Institutions Please click here for Specified List of Institutions in Abroad PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site. (649 KB).
List of Premier Institutes for Management course
List of Premier Institutes for STEM Courses (Science, Technology, Engineering and Mathematics) (after 10+2 course & above)
List of Premier Institutes for Medical and
List of Premier Institutes for Other Education (Law, Economics, econometrics, Art, performing arts and Design Courses)
(All the above Institutions to be treated at par)
Operating units may also consider loans for any other courses,other than the Management course, STEM Courses,Medical and Other Education courses offered by Institutes/Universities featured in above Lists D under our normal education loan scheme for study abroad without any preferential treatment.
Education Loans for courses offered by Universities/Institutes for study abroad other than specified in the above mentioned Lists can also be considered without any preferential treatment.
Student Eligibility
Should be an Indian National.
Secured admission to professional / technical courses Abroad through Entrance Test / Merit Based Selection process.
Apply Online: Click Here
