Pradhan Mantri Uchchatar Shiksha Protsahan Yojana: Central Sector Interest Subsidy Scheme
The scheme provides full interest subsidy during the moratorium period on loan availed under Model Education Loan Scheme of Indian Banks’ Association (IBA) to students belonging to economically weaker sections whose annual parental income is up to ₹4.5 Lakhs from all sources.
At a glance
| Level | Central government |
|---|---|
| Issued by | Ministry of Education |
| States and UTs | All India |
| Areas | |
| Scheme for | Individuals |
| Tags | Interest Subsidy, Student, Economically Weaker Sections, Education Loan, IBA, Professional Programmes, Technical Programmes |
Before you apply
Information from the myScheme snapshot, Aug 2026. Confirm it on the official page: eligibility, documents, benefits and deadlines are set by the issuing department and are not part of this listing.
The listing holds only the name, issuing department, level, states, areas, who the scheme is for, a short description, tags and the myScheme link. For anything else, use the official page, or ask InBridge: its answers link to the government pages they draw on.
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Photographs of public life in India, from Wikimedia Commons, by Saiphani02 (CC BY 4.0), Bernard Gagnon (CC BY-SA 3.0), ganeshdhamodkar @ Mapillary.com (CC BY-SA 4.0), Tulspal (CC BY-SA 4.0).