Karnataka Minority Arivu Education loan Scheme 2024 Applications Now Open

Online applications are invited for the Arivu Education loan Scheme by the Karnataka Minorities Development Corporation Limited (KDMC) for the year 2024

Arivu Education loan is provided to the students who are selected from the Karnataka Examination Authority (KEA) conducted CET / NEET for admission to MBBS/ BDS/ Ayush / Bachelor of Architecture / Bachelor of Engineering / Bachelor of Technology Courses for the year 2024 – 25, Annual family income of the applicant from all sources should be below Rs 8 lakh and the Arivu Education loan obtained by the students must be repaid within a period of 48 months, after 1 year of course completion with an interest rate of 2%

LOAN DETAILS

Students who are selected for MB.S, MD, M.S. courses in Government / Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET Maximum loan of Rs. 5,00,000 will be released

Students who are selected for B.D.S and M.D.S Course in Government/ Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET maximum up to Rs 1,00,000 and B-AYUSH and M. AYUSH Courses in Government/Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET Maximum loan up to Rs 50,000 will be released 

Students who are selected for Bachelor of Architecture / Engineering / Technology (B. Arch/BE/B.Tech), M.Tech, M.E., M. Arch., courses in Government/Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET Maximum loan up to Rs 50,000 will be released

Students who are selected for M.B.A., M.C.A. and L.L.B, B.Sc in Horticulture, Agriculture, Dairy Technology, Forestry, Veterinary, Animal science, Food Technology, Bio Technology, Fisheries, Sericulture, Home/community Sciences, Food Nutrition and Dietetics, B.Pharma, M.Pharma, Pharma.D,and D.Pharma courses in Government/Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET Maximum loan up to Rs 50,000 will be released

DOCUMENTS REQUIRED

Caste Certificate Issued by the competent authority / Income Certificate Issued by the competent authority / Copy of Aadhaar as Residential Proof / CET or NEET Admissions Ticket / SSLC/10th Standard Marks Card / Diploma / PUC Marks Card / Indemnity Bond / Student’s Self Declaration / Parent’s Self Declaration 

LAST DATE 

Last date to submit online application for the Arivu Education loan Scheme by the Karnataka Minorities Development Corporation Limited (KDMC) for the year 2024 is 7th July 2023

Karnataka Minorities Development Corporation Limited (KDMC) for the year 2023 has opened the window to apply for the Arivu Education loan Scheme renewal,

Eligible candidates can get renewed the Arivu Education loan Scheme by using their login details, for more details CLICK HERE

Karnataka Minorities Development Corporation Limited (KDMC) for the year 2023 has extended the last date to apply for the Arivu Education loan Scheme,

As per the notification released the last date has been extended till 15th July 2023, for more details CLICK HERE

Online applications are invited for the Arivu Education loan Scheme by the Karnataka Minorities Development Corporation Limited (KDMC) for the year 2023

Arivu Education loan is provided to the students who are selected from the Karnataka Examination Authority (KEA) conducted CET / NEET for admission to MBBS/ BDS/ Ayush / Bachelor of Architecture / Bachelor of Engineering / Bachelor of Technology Courses for the year 2023 – 24, Annual family income of the applicant from all sources should be below Rs 8 lakh and the Arivu Education loan obtained by the students must be repaid within a period of 48 months, after 1 year of course completion with an interest rate of 2%

LOAN DETAILS

Students who are selected for MB.S, MD, M.S. courses in Government / Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET Maximum loan of Rs. 3,00,000 will be released

Students who are selected for B.D.S and M.D.S Course in Government/ Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET maximum up to Rs 1,00,000 and B-AYUSH and M. AYUSH Courses in Government/Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET Maximum loan up to Rs 50,000 will be released 

Students who are selected for Bachelor of Architecture / Engineering / Technology (B. Arch/BE/B.Tech), M.Tech, M.E., M. Arch., courses in Government/Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET Maximum loan up to Rs 50,000 will be released

Students who are selected for M.B.A., M.C.A. and L.L.B, B.Sc in Horticulture, Agriculture, Dairy Technology, Forestry, Veterinary, Animal science, Food Technology, Bio Technology, Fisheries, Sericulture, Home/community Sciences, Food Nutrition and Dietetics, B.Pharma, M.Pharma, Pharma.D,and D.Pharma courses in Government/Private Colleges through Karnataka Examination Authority (KEA) conducted CET / NEET Maximum loan up to Rs 50,000 will be released

DOCUMENTS REQUIRED

Caste Certificate Issued by the competent authority / Income Certificate Issued by the competent authority / Copy of Aadhaar as Residential Proof / CET or NEET Admissions Ticket / SSLC/10th Standard Marks Card / Diploma / PUC Marks Card / Indemnity Bond / Student’s Self Declaration / Parent’s Self Declaration 

LAST DATE 

Last date to submit online application for the Arivu Education loan Scheme by the Karnataka Minorities Development Corporation Limited (KDMC) for the year 2023 is 10th July 2023