Introduction
The Government of Himachal Pradesh has implemented the Dr. Yashwant Singh Parmar Student Loan Scheme to make the future of the children bright. Through this scheme, loans will be given to the students of the state for education. Due to which the students will be able to get help in further studies. How to get the benefit of “Yashwant Singh Parmar Vidyarthi Rin Yojana” and how to register for it. To get all this information, you have to read this article till the end.
Himachal Pradesh Chief Minister Sukhwinder Singh Sukhu has announced the launch of the Yashwant Singh Parmar Vidyarthi Loan Yojana for the children of the state to continue their studies. Under this scheme, children will be provided loan at the rate of 01% interest. Out of which students will be able to take education loan up to a maximum of Rs 20 lakh to meet boarding, accommodation, tuition fees, books and other expenses related to their education. By getting the benefit of Yashwant Singh Parmar Vidyarthi Rin Yojana, now no youth of the state will be deprived of higher or professional education due to lack of financial resources.
About of the Yashwant Singh Parmar Vidyarthi Rin Yojana
| Scheme Name | Dr. Yashwant Singh Parmar Student Loan Scheme |
| Started by | Himachal Pradesh government |
| Beneficiaries | State Students |
| Assistance provided | Loans for education |
| Loan amount | Rs.20 lakh maximum |
| Interest rate | 1% |
| Application Process | Online / Offline |
| Official website | Will be launched soon |
Objective of HP Dr. Yashwant Singh Parmar Student Loan Scheme
The main objective of the scheme is to provide loans to the children of the state to get education, so that the student can get education without any hassle.
Dr. Yashwant Singh Parmar Student Loan Scheme Course List
Applicants will be able to take loan for pursuing the following courses. Whose list is as follows –
- Engineering,
- Treatment,
- Management,
- Paramedical Pharmacy,
- Nursing,
- Technical course
- PHD.
- Law etc.
Eligibility for Yashwant Singh Parmar Vidyarthi Rin Yojana
- The applicant must be a permanent resident of the state of Himachal Pradesh.
- Students getting vocational and technical education will be eligible to take advantage of the scheme.
- The bank account of the applicant should be linked to Aadhaar.
Documents Required for Himachal Dr. Yashwant Singh Parmar Student Loan Scheme
- Aadhar card
- Permanent certificate
- Income certificate
- Educational qualification documents
- Bank account
- Passport size photo
Important guidelines for Yashwant Singh Parmar Student Loan Scheme
- The annual income of the applicant’s family should be less than Rs.4 lakh.
- Students of 28 years will be able to take advantage of the scheme.
- Beneficiary must have 60% marks in the previous class.
- Eligible students will be able to avail education loan from any notified bank located in Himachal Pradesh.
- A mechanism will be developed to evaluate the outcomes of the scheme at regular periods to ensure effective implementation of the scheme and to monitor the progress of the students.
- A fund will be created at the level of the Deputy Commissioner’s office to release the first installment of fee amount to the concerned institute.
- The borrower students will have to register themselves on the portal and upload the required documents before getting admission in the institute of their choice.
Benefits of Yashwant Singh Parmar Vidyarthi Rin Yojana
- The benefit of Yashwant Singh Parmar Student Loan Scheme will be provided to the students of Himachal Pradesh.
- Through this scheme, students will be provided loan at the rate of 01% interest.
- Out of which boarding, accommodation, tuition fees, books and other expenses related to their education will be met.
- Beneficiary students for this scheme will be able to take education loan up to a maximum of Rs 20 lakh.
- Loan will be provided to the beneficiaries through banks.
- The loan amount will be deposited in the bank account of the applicant.
- Yashwant Singh Parmar Vidyarthi Rin Yojana will be run in the entire state.
- By getting the benefit of this scheme, students will be able to study without any problem.
- This scheme will prove effective for those students who used to leave their studies incomplete due to financial constraints.
- Applications for the scheme can be made through online and offline mode.
Key Features of Yashwant Singh Parmar Student Loan Scheme
- Providing loans to students for education
- To increase the level of education in the state
- Motivating students to take advantage of the scheme
- Making eligible beneficiaries self-dependent and empowered
How to Online Registration for the Dr. Yashwant Singh Parmar Vidyarthi Rin Yojana
- First of all the applicant has to visit the official portal.
- After that you have to click on the link of “Yashwant Singh Parmar Vidyarthi Rin Yojana”.
- Now the registration form will open in front of you.
- After this, you have to fill all the information given in this form carefully and also upload the necessary documents.
- After all the process is done, you have to click on the submit button at the end.
- In this way you will successfully apply under the scheme.
Offline Registration for the Dr. Yashwant Singh Parmar Vidyarthi Rin Yojana
- First of all you have to go to the nearest bank.
- After that you have to get the application form of “Yashwant Singh Parmar Vidyarthi Rin Yojana” from there.
- Now you have to fill all the information asked in this form and attach the requested documents with the form.
- Then you have to submit this form at the place from where you had received it.