A term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured.

Eligibility – Any Indian Citizen with 40% or more disability.

Type of Loan  Term Loan

Eligible Courses

All courses having employment prospects are eligible.

  • Graduation courses/ Post graduation courses/ Professional courses
  • Other courses approved by UGC/Government/AICTE etc.


  • Fees payable to college/school/hostel
  • Examination/Library/Laboratory fees
  • Purchase of Books/Equipment/Instruments/Uniforms
  • Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tution fees for the entire course) 
  • Travel Expenses/Passage money for studies abroad
  • Purchase of computers considered necessary for completion of course
  • Cost of a Two-wheeler upto Rs. 50,000/-

Any other expenses required to complete the course like study tours, project work, Assistive devices etc.

Need based finance subject to the repaying capacity of the parents/students with the following ceilings

i) Studies in India Maximum Rs. 10.00 lacs
ii) Studies Abroad Maximum Rs. 20.00 lacs

Procedure for Obtaining Loan –

Application in the prescribed format to be submitted to the State Channelising Agency for sanction of loan as per the lending policy of National Handicapped Finance and Development Corporation

Notes:- All loans should be secured by parent(s)/guardian of the student borrower. In case of married person, co-obligator can be spouse or


Leave a Reply

Your email address will not be published. Required fields are marked *