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Shri Aravind Agrawal, IAS

Commissioner-Cum-Secretary

Shri Aravind Agrawal, IAS

Queries & Answer

Queries & Answer

Sr. No. Question Answer
21

Help to get loan

22

Sir I have got admission into IIM Raipur I have approached SBI CBI and UCO bank for the education loan All are saying we do not know about such scheme After conveying UCO Bank that it is the nodal bank for the scheme they agreed but they are saying this interest subsidy is only for the moratorium period whereas on the website it is mentioned the interest subsidy will cover repayment period also kindly help whom to contact

23

I visited sbi main branch regarding my study loan on this KSSY scheme but they denied about the scheme and told me that no such letters about the scheme has been issued to them

24

Sir whenever I go to any bank in Cuttack for applying study loan under this scheme they rejected my offer and told me that their is no kssy scheme sir please help me to avail the loan or publish any helpline number so that people can get information easily thank you

25

TODAY I VISIT STATE BANK OF INDIAN AND UCO BANK FOR AVAIL THIS KSSY SCHEME FOR MBA COURSE BUT THEY TOLD ME THAT THEIR IS NO SUCH TYPE OF SCHEME UNDER OUR BANK PLEASE SUGGEST ME THE PROPER BANK IN CUTTACK CITY WHERE I CAN AVAIL THIS LOAN

Management is included in the course of study as per guidelines of KSSY. MBA can be covered under Management.

26

TODAY I VISIT STATE BANK OF INDIAN AND UCO BANK FOR AVAIL THIS KSSY SCHEME FOR MBA COURSE BUT THEY TOLD ME THAT THEIR IS NO SUCH TYPE OF SCHEME UNDER OUR BANK PLEASE SUGGEST ME THE PROPER BANK IN CUTTACK CITY WHERE I CAN AVAIL THIS LOAN

Management is included in the course of study as per guidelines of KSSY. MBA can be covered under Management.

27

AS PER YOUR LEAFLET THE MAXIMUM PERIOD OF LOAN CAN BE FIFTEEN YEARS INCLUDING MORATORIUM PERIOD BUT AS PER IBA SCHEME THE MAXIMUM TENURE FOR EDUCATION LOAN CAN BE ONLY FIFTEEN YEAR EXCLUDING MORATORIUM PERIOD AND ALL THE PRIVATE INSTITUTES LOCATED IN ODISHA ARE OFFERING ENGINEERING AND MEDICAL DEGREES ARE ELIGIBLE FOR THE SCHEME OR NOT

Any educational Institution in India established by Acts of Parliament or by any State Legislature or other institutions recognized by the concerned statutory bodies.

28

My family income is 45000 per annum can I avail this loan

The annual income ceiling of parents from all sources must be below Rs. 6.00 Lakhs. So if the family income is Rs. 45,000/- per annum it can be covered under KSSY subject to fulfillment of other condition under KSSY.

29

I have already availed the loan from Central bank of India So can I avail this service If yes please let me know the procedure to avail this service

The Loan Under KSSY cannot be availed if: I. The loan amount is more than 10 lakhs. II.If the repayment period is more than 10/ 15 years including moratorium in case of loans upto 7.5/ 10 Lakhs respectively.

30

I have availed education loan for my PGDM study in the moth of June 2016 The loan amount is 14 Lakhs Rupees My family income is less than 2 lakhs rupees Can I be eligible for the scheme Can I get interest subsidy upto 10 Lakhs

Since the loan amount is more than 10 lakhs, he will not be eligible for the same.

31

sir how to avail kssy i am going to study mba from symbiuosis i want to take 654000 as loan amount my family income is 419000 per annum whenever i am going to bank they are saying we dont know about kssy sir plz help plz tell me how to enjoy this benefit

The loan can be availed since the family income is below Rs.6 Lakhs subject to fulfillments of other conditions under KSSY.

32

I need this scheme but i cant find the bank who is provide this i have already visited State bank of india but those are dont know about this scheme kindly help me avout this

Please refer the link http://dheodisha.gov.in/KSSY/ViewQuestioAnswer.aspx and click in the List of Banks tab

33

We asked the bank for the information about the scheme KSSY but they are saying that there is no notice regarding the same from the government please help me about this

That may be an old matter. But meanwhile a number of steps have been taken to the bankers fully on board regarding KSSY. The State Level Bankers Committee revised this scheme in their meetings held on 22/11/2016 and on 18/03/2017. It was also discussed in the meetings held in Higher Education Department with the bankers on 07.09.2016 and on 27/01/2017. The UCO Bank on behalf of the State Level Bankers Committee requested all the bankers to implement the said intent subvention scheme by their circulars dated 17/08/2016, 19/09/2016 and 19/01/2017

34

We asked the bank for the information about the scheme KSSY but they are saying that there is no notice regarding the same from the government please help me about this

That may be an old matter. But meanwhile a number of steps have been taken to the bankers fully on board regarding KSSY. The State Level Bankers Committee revised this scheme in their meetings held on 22/11/2016 and on 18/03/2017. It was also discussed in the meetings held in Higher Education Department with the bankers on 07.09.2016 and on 27/01/2017. The UCO Bank on behalf of the State Level Bankers Committee requested all the bankers to implement the said intent subvention scheme by their circulars dated 17/08/2016, 19/09/2016 and 19/01/2017

35

How can I get this loan ?

First and foremost, the student should study well and secure admission in a professional course by appearing at the concerned examination and fulfilling the revised criteria for admission. If the family income is less than Rs. 6 lakh for year, the student would be eligible to seek the education loan by contacting the concerned Bank. The student may apply for the education loan through Vidya Lakshmi Portal or apply off line to the concerned Bank Branch. A sample application form and a list of documents that are required by the Bank are mentioned at the Higher Education Department website.

36

Respected Sir, I have joined St. John's Medical College, Ben.I want to know to whom I will contact for KSSY ?

The Regional Office of the State Bank of India, Bhubaneswar has been requested to provide the circular to SBI, Bamunigaon Branch, Kandhamal District. Kindly go through the circular and visit the SBI Bamunigaon Branch.

37

I HAVE EDUCATION LOAN FROM SBI IN 2009 I WANT TO KNOW AM I ELIGIBLE FOR THE SCHEME IF YES THEN HOW I WILL GET THE BENEFIT.

The education loan under "KSSY" is applicable with effect from 01-04-2016, so the petitioner is to be informed that he is not eligible for the loan under "KSSY".