The funds you spend on your education are much more of an investment than an expense.
An education loan is the best investment to secure the future & career with a better education. And the best thing about education loans is they do not require any collateral. The loan is provided based on the excellence of the student and the future capacity of earnings.
Education loans can help you in grabbing those educational opportunities if a shortage of funds is the only thing stopping you. There are various benefits that you get access to when you take an education loan. But, it can nevertheless be a liability on the student, and here the importance of those education loans increases, which comes with zero interest.
The main benefits of taking an Interest-Free education loan are as follows:
Interest-Free Loan Scholarship by Sakal India Foundation
Sakal India Foundation has been working to empower students with Scholarships, Interest-Free Education Loans and Career Mentoring since 1959. The idea of setting up this organisation was to encourage meritorious students from a weak financial background with grants and scholarships to pursue higher education.
SIF has granted Interest-Free Loan Scholarships to thousands of students and professionals with outstanding merit for higher studies in India and abroad irrespective of their caste, creed, sex, and religion.
Eligibility Criteria for Interest-Free Loan Scholarship
We offer Interest-Free Loans to brilliant students who are not able to meet the complete expenses of their higher education. The basic eligibility criteria are the academic excellence and achievements of the learners.
The necessary loan scholarship eligibility criteria that the candidates need to fulfil to get consent for the loan are listed out here:
| Particulars | Eligibility |
|---|---|
| Nationality | Indian |
| Qualification | Graduate/Postgraduate degree or PG Diploma |
| Income source | Parents/Guardians |
| Income | Stable |
| University Applied to | Recognised – In India/Abroad |
| Admission Status | Confirmed |
| Security | Guarantor |
Who Can Apply for an Interest-Free Loan Scholarship from India?
Any Indian who wants to pursue a Masters/Postgraduate degree in foreign universities can apply for this loan. Recently, the Interest-Free Loan Scholarships also extended to students pursuing research leading to a PhD in India. The candidate must have an excellent academic record.
Courses for Which Interest-Free Education Loan Scholarship is Given
The procedure of Selecting the Candidate for Interest-Free Loan Scholarship
The candidate must go from the following stages of the selection process:
Documents Required for Interest-Free Loan Scholarship
The mandatory documents that a student needs to upload on SIF website while applying for a loan are:
Amount of Interest-Free Loan Scholarship
Loan Amount: ₹ 1,00,000/-
Method of Interest-Free Loan Scholarship
Online
Duration of Scholarship
The duration of the Interest-Free Loan Scholarship is 2 Years.
Any conditions that need to be undertaken by the Candidates?
The candidate must repay the loan amount within 2 years.
When you can apply for an Interest-Free Loan Scholarship
Anyone who is going abroad to pursue their higher education.
How You Can Apply For This Scholarship?
Online through the SIF portal.
Sakal India Foundation (SIF) is one of the trustable NGOs that has been working for Education and Children for the last six decades. Sakal India Foundation has grant scholarships and financial aid as a gift to thousands of students, teachers, professionals, social workers with outstanding merit, including potential for leadership, for higher studies in India and abroad irrespective of their caste, creed, sex, and religion.
----------------------------------------------------------------------------------------------------
1.jpg)
Admission Guidance 2021: WhatsApp https://wa.me/917720025900
Get real-time alerts and all the news on your phone with the all-new VidyarthiMitra app. Download from Google Play
Aptitude Test | Career Counselling | Option From Filling | Admission Assistance |
Call 77200 25900 or 77200 81400
11th Admissions (FYJC) & DTE Cut-off | Cutoffs 2021 |
We bring you the fastest and relevant notifications on Bank, Railways, and Govt Jobs. Stay Connected
Join us on WhatsApp https://wa.me/917720025900
--------------------------------------------------------------------------------------------------------------------------------------------------------
Get free Educational & jobs alert on WhatsApp OR Telegram(https://t.me/VidyarthiMitra) Save this mobile number (77200 25900) on your phone as VidyarthiMitra.org and send WHATSAPP message (Your Name, City & Interest)
--------------------------------------------------------------------------------------------------------------------------------------------------------
'विद्यार्थी मित्र' जॉईन करा आणि मिळवा न्यूज, नोकरी, शासकीय व निमशासकीय नोकऱ्यांच्या जाहिराती व माहिती अगदी विनामूल्य ते ही आपल्या व्हॉटस्अॅपवर किंवा* *टेलेग्राम (https://t.me/VidyarthiMitra) हा मोबाईल नं. सेव्ह करून आपले <नाव> <शहराचे नाव> <नोकरी> ७७२०० २५९०० मेसेज पाठवा.
8.jpg)
CBSE Single Child Scholarship 2024
India Launches 50 Quad Scholarships Worth Rs 4 Crore For Indo-Pacific Students
IIT Bhubaneswar scholarships for UG, PG students
Mukhyamantri Yuva karya prashikshan Yojana 2024
अण्णा भाऊ साठे शिष्यवृत्तीसाठी अर्ज करण्याचे आवाहन
'मुख्यमंत्री युवा कार्य प्रशिक्षण योजना'
IIT Ropar Announces Comprehensive Scholarship Programs
IIT Ropar scholarships for UG, PG students
"Free Education for Girls" Schemes
Central Sector Scholarship Scheme for 2024-25
उच्च शिक्षणाच्या स्वप्नांना बळ देणारी ‘खुशबू शिष्यवृत्ती’
लाडक्या भावाला मिळणार शिष्यवृत्ती
शिष्यवृत्तीत पुणे जिल्हा राज्यात अव्वल
शिष्यवृत्ती परीक्षेचा निकाल जाहीर
यंदापासून गुणवंतांसाठी विशेष शिष्यवृत्ती योजना
गुणवंत मुला-मुलींना परदेशात शिक्षणासाठी शिष्यवृत्ती
स्कॉलरशिप:क्वाड फेलोशीप
Gujarat NMMS Final Answer Key 2024 Released
कोटक सुरक्षा शिष्यवृत्ती कार्यक्रम
प्रगती शिष्यवृत्ती योजनेची घोषणा
‘स्वनाथ शिष्यवृत्ती योजना’ - अनाथ व शहीदांच्या मुलांसाठी
लीला पूनावाला शिष्यवृत्ती योजना
सक्षम शिष्यवृत्ती योजना - विशेष सक्षम विद्यार्थ्यासाठी
गुणवंत मुलामुलींना परदेशात उच्च शिक्षणासाठी शिष्यवृत्ती
Chandigarh NMMS Result 2024
Scholarships for Higher Education
स्कॉलरशीप फेलोशीप: उच्च शिक्षणाच्या प्रवासातील नेतृत्व कौशल्याचे महत्त्व
Scholarship Exam
Vidyanjali Scholarship Programme
पंजाबराव देशमुख निर्वाह भत्त्यात वाढ
10.png)
Applications Invited For Central Sect
9.png)
सोलापूर जिल्ह्यातील १८५५ विद्यार्थ्यांना शिष्यवृत्तीचा लाभ
List of scholarships introduced by IITs, IIMs and other institutions
Jharkhand NMMS 2023
Sarthi Exam
WB NMMS Admit Card 2023
2.jpeg)
Scholarships To Study In UK
Imperial College London launches scholarship programme for Indians 2023
CBSE Single Girl Child Scholarship 2023: Registration Closes Today
नववी-दहावीच्या दिव्यांग विद्यार्थ्यांना प्री-मॅट्रिक शिष्यवृत्ती २०२३
AICTE invites applications for PG scholarship 2023
Tata Capital invites applications for Pankh scholarship programme 2023
महाराष्ट्र सरकारतर्फे विद्यार्थ्यांसाठी विशेष विमा योजना जाहीर २०२३
मराठी विज्ञान परिषदेतर्फे विद्यार्थ्यांसाठी शिष्यवृत्ती योजना २०२३
Study Abroad Scholarships 2023: Applications open
UP NMMS Scholarship 2023: Application date extended till September 28
ठाणे महानगरपालिकेत विविध पदाच्या जागांसाठी भरती २०२३
THE Asia Rankings 2023: IISc best among Indian universities
AIBE XVII (17) Result 2023: Website to check score
पदवी व पदव्यूत्तर शिक्षण शिष्यवृत्ती २०२३: नोंदणी सुरु
NSF Scholarship for Post Graduation Student 2023
Aga Khan Foundation’s International Scholarship 2023
अग्निवीर भरती २०२३: भरतीत शारीरिक चाचणीच्या नियमात बदल
Education Ministry invites applications for Slovenia scholarships 2023
Study Abroad 2023: National Overseas Scholarship
2.png)
मुख्यमंत्री फेलोशिप प्रोग्राम २०२३: अर्ज प्रक्रिया सुरू
.jpg)
Augustana University announces scholarships for UG courses 2023
1.png)
Chief Minister Fellowship Program 2023: Apply Now
Students of 8th to 12th Std. & Under Graduates
Aptitude Test | Expert Counselling | Discover Career
Enquiry : info@vidyarthimitra.org
For Mock Exams MHT-CET, JEE, NEET
More->
WhatsApp AlertsIndia's Leading Educational Web Portal now available on Google play store Click to Download
10.jpg)
1.png)