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Padho Pardesh Scheme Procedure

If you would like to pursue your your education abroad but cannot afford the expenses, the Indian Government has made provisions available to you, so you can undertake this endeavour without financial duress. You can take advantage of the Padho Pardesh scheme to comfortably study abroad. Successful applicants not only obtain a loan but enjoy an interest subsidy to ease the burden of repayment.

Below, we have illustrated the ways in which you can avail of this scheme and benefit from its offerings, if you are an aspiring student.

Eligibility Criteria for the Padho Pardesh Scheme

Here are the requirements you must satisfy to qualify for this scheme:

  • You must be from a minority community with an annual income below Rs.6 lakh.
  • You must have admission to study abroad for a postgraduate degree.

A Step-by-Step Process to Apply for the Padho Pardesh Scheme

Below is a detailed guide on how to apply for the Padho Pardesh scheme:

  • You must first obtain the desired loan amount from a financial institution (you can apply through Bajaj Housing Finance if you wish to avail yourself of this scheme).
  • Apply for a loan by providing the required documents to assert your eligibility for the scheme.
  • We will then upload your details plus the details of the loan you availed from us into the scheme system.

Get an Education Loan for Studying Abroad

You can apply for an education loan from Bajaj Housing Finance to further your study abroad. With the education loan, you can apply for the Padho Pardesh scheme to receive a subsidy on interest payments. An education loan can help you get the best education that you deserve. Apply here today.