Kalinga Sikhya Sathi Yojana 2024 : Online Apply Documents Eligibility Benifits And Last Date

Kalinga Sikhya Sathi Yojana 2024 : Online Apply Documents Eligibility Benifits And Last Date

Kalinga Sikhya Sathi Yojana 2024 : Numerous students in Odisha aspire to pursue higher education, yet their financial constraints hinder their ability to fulfill this dream. Recognizing this challenge, the Government of Odisha introduced the Kalinga Sikhya Sathi Yojana. This initiative aims to offer financial assistance to students by providing loans for their higher education endeavors. This article elucidates the key aspects of the scheme, providing valuable insights for interested individuals.

Kalinga Sikhya Sathi Yojana 2024

On June 27, 2016, the Chief Minister of Odisha, Mr. Naveen Patnaik, inaugurated the Kalinga Sikhya Sathi Yojana, aimed at assisting students in Odisha who aspire to pursue higher education. Under this scheme, the government will offer educational loans of up to Rs 10 lakh at a nominal interest rate of 1%. The remaining interest will be covered by the Higher Education Department of the Odisha government. This initiative is expected to alleviate the financial burden on both parents and students, encompassing various fields such as law, management, engineering, medicine, and more.

IMP :  Sanchar Saathi Portal 2024 : How To Find Your Mobile Phone

Kalinga Sikhya Sathi Yojana Objective 

The primary aim of the Kalinga Sikhya Sathi Yojana is to offer educational loans to students who aspire to pursue higher education but are hindered by financial constraints. By availing this scheme, both students and their parents can alleviate the financial burden associated with education. This initiative enables residents of Orissa to pursue their educational aspirations, thereby contributing to the overall literacy rate of the state. Moreover, the scheme is anticipated to bolster employment opportunities by facilitating higher education for a larger number of students, thereby fostering economic growth.

Kalinga Sikhya Sathi Yojana Benefits 

The Chief Minister of Odisha, Mr. Naveen Patnaik, inaugurated the Kalinga Sikhya Sathi Yojana on June 27, 2016, to support students in Odisha pursuing higher education. This initiative provides financial aid through educational loans of up to Rs 10 lakh, with beneficiaries only required to pay a nominal 1% interest rate on the loan amount. Various fields such as medical, engineering, law, and management are covered under this scheme. The remaining interest is covered by the Higher Education Department of the Odisha Government. Repayment periods vary depending on the loan amount, with 10 years for loans up to Rs 7.5 lakh and 15 years for loans up to Rs 10 lakh. Educational loans can be obtained from scheduled banks, and eligibility is restricted to Odisha citizens with an annual family income not exceeding Rs 600,000. During the moratorium period, the interest rate is zero.

IMP :  Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana 2024 : Online Apply Documents Eligibility Benifits Etc..

Kalinga Sikhya Sathi Yojana Eligibility Criteria 

To be eligible, the applicant must be a permanent resident of Odisha with an annual family income not exceeding 6 lakh per annum. They should not already receive similar benefits from either the Central or state government. The terms and conditions of the loan will be in accordance with the policies of the respective scheduled banks. The bank has the authority to process the loan application.

Kalinga Sikhya Sathi Yojana Documents 

1. Aadhar card

2. PAN card

3. Bank passbook

4. Income certificate

5. Last passed examination mark sheet

6. Ration card

7. Mobile number

8. Passport size photograph

How To Apply Kalinga Sikhya Sathi Yojana 

To begin, visit the official website of the Higher Education Department, Government of Odisha. Once on the homepage, locate and click on “Kalinga Sikhya Sathi.” Then, click on “Click here to apply.” You’ll be directed to a registration page where you need to provide your first name, middle name, last name, mobile number, email ID, password, and captcha code. After submitting this information, proceed to login and select “Student Login.” Enter your email ID, password, and captcha code, then click login. Next, select “Apply” under the scheme, and complete the application form with necessary details such as name, email, phone number, etc. Upload all required documents and click submit to complete the application process for the Yojana.

IMP :  Telangana Mahila Shakti Yojana 2024: Apply Online, Eligibility, Benefits And Last Date

Official Website

Home Page 

Leave a Comment