National Scheduled Tribes Finance and Development Corporation (NSTFDC) - ADIVASI SHIKSHA RRINN YOJANA (ASRY)

National Scheduled Tribes Finance and Development Corporation (NSTFDC) 

(Under Ministry of Tribal Affairs, Govt, of India)

ADIVASI SHIKSHA RRINN YOJANA (ASRY)

• Objective: NSTFDC would provide concessional loan to the eligible Scheduled Tribes for professional and technical courses including PhD. in India conducted by colleges / universities approved by UGC / Govt. / AICTE / ICMR etc.

• Eligibility: A Scheduled Tribe candidate having annual family-income upto Double the Poverty Line would be eligible. The present limit is Rs.39,500/- p.a. for rural areas and Rs.54,500/- p.a. for urban areas.

• Loan would cover expenses towards Admission/ Examination/ Library/ Laboratory/ Tuition fee, Boarding and Lodging, Caution Money, Building fund/ Refundable Deposit, Books, Stationery items, Computer, Equipments/ Instruments, Study Tours, Project Work/ Thesis, Insurance Premium for student and any other expense towards completion of course.

• Quantum of assistance: 90% of expenditure/ deposits for entire duration of the course subject to a maximum loan amount of Rs.5.00 lakh (Five lakh rupees) per eligible family.

• Rate of interest: 6% p.a. chargeable from the beneficiary.

• Repayment: After the moratorium period (Course Period plus one year or six months after getting job, whichever is earlier) within next 5 years subject to maximum period of 10 years.

• Financial Assistance for Income Generating Activities: In order to encourage self employment, provision has been made in ASRY for extending concessional financial assistance after completion of studies for undertaking income generating activities.

• Linkage with Interest Subsidy Scheme of Ministry of Human Resource Development (MoHRD) for educational loans: A scheme of MoHRD provides for full interest subsidy during the moratorium period for economically weaker sections of Society for the approved courses of study. Action has been initiated by NSTFDC for formally linking ASRY with the scheme of MoHRD.

• How to apply: The eligible candidates should apply to the respective State Channelising Agencies of NSTFDC located in his/her domiciled State/ UT in the prescribed format along with copies of the requisite documents.

• Contact details of the Channelising Agencies are given at the website of NSTFDC www.nstfdc.nic.in.

For further details, please contact

The Managing Director 

Karnataka Scheduled Tribes Development

4th Main, Near Police Station, 16th cross, Sampangiram Nagar, 

Banqalore-560 027 Karnataka 

Tel: 080-22110675. 22711082, 22111429, 22110897

The Managing Director 

Kerala State Development Corporation 

For Scheduled Castes. & Scheduled Tribes Ltd. RB.No.523,

P.B. No.523. Town Hall Road, Thrissur - 680020, Kerala

Tel: 0487-2331469, 2331064 Fax: 2334131'

Regd. & Head Office: NSTFDC, NBCC Tower, 5th Floor, 15, Bhikaji Cama Place, New Delhi-110066. Tel: 011-26712519, 26712562, 26712587, 26712539, 26177046, 26177042 Fax 26712574

Email: nstfdc@bol.net.in