JanSamarth Education Loan

1. Central Sector Interest Subsidy (CSIS): This scheme provides interest subsidies for economically weaker sections who want to pursue education within India. 

1. Padho Pardesh: This scheme offers interest subsidies for students from minority communities who wish to pursue higher studies from abroad. 

1. Dr. Ambedkar Scheme: This provides interest subsidies for OBC and EBC students seeking postgraduate courses from abroad. 
   4. Track Your Application Anytime: You can track your loan status anytime on the portal after you complete the application process. It will confirm for you whether your loan is being processed, approved, or needs any more steps.

Required Documents 

Below mentioned are some of the general documents that must be needed to apply for a loan through the JanSamarth Portal: 

1. Aadhaar card and PAN card   

1. Proof of address (Voter Card) 

1. Admission letter from the educational institution.  

1. Academic transcripts  

1. Income proof (salary slips, income tax return)  

1. Recent bank statements 

Note: It is recommended to check the full list of documents on the official JanSamarth Portal so that you have all the necessary paperwork to apply. 

How to Register in JanSamarth Portal 

You can easily register on the JanSamarth portal by following the below given steps so that you can have access to a range of services: 

1. Go to the official website of JanSamarth  

1. On the top right corner, you will see the ‘Register’ button 

1. Enter your mobile number and the CAPTCHA code 

1. Click on ‘Get OTP’ and enter the OTP received on your mobile number 

1. Fill in your e-mail ID and OTP sent to your e-mail ID   

1. After filling in the required details, set a strong password 

1. Agree to the terms and conditions 

1. Click on ‘Submit’ to complete your registration 

1. You can now log in using your mobile number or email and the password you created 

How to Check JanSamarth Education Loan Eligibility Criteria

To check the eligibility for any education loan scheme, you need to follow the given below steps: 

1. Visit the official website on the JanSamarth portal 

1. Create a new account (if a new user) or log in by filling in the username and password 

1. Once you have logged in, you need to select the option ‘Check Eligibility’ under the education loan category 

1. A new page will open with a questionnaire. Fill in the correct answers to check your eligibility 

1. Click on 'Calculate Eligibility’ after filling in the required details 

How to apply for JanSamarth Education Loan 

In order to apply for an education loan through JanSamarth, you need to follow the given below steps: 

1. Go to the official Portal JanSamarth to apply for an education loan 

1. Create a new account or log in into your account with the mobile number and password 

1. Select the ‘Education Loan’ option from the list of loan categories 

1. Check your eligibility and a list of schemes will be shown to you  

1. Select a suitable scheme and preferred lender 

1. Fill out the application form with the correct details 

1. Upload the required documents and submit your application form 

1. Track your application status on the portal 

1. You will get digital approval if your application gets accepted 

Interest Rates and Repayment 

Interest rates for education loans through the JanSamarth Portal are designed in such a way that it becomes easier for students and their families to afford higher education. The rates may vary as it depends on the bank which you choose and the loan scheme. Most of the time, these rates are lower than what private lenders offer, which helps in reducing the costs. 

Repayment rules are student friendly. Most banks allow students to start repaying the loan after they finish their course. Some banks also give a moratorium period, which means students can begin repaying the loan after they get a job. This gives students enough time to settle in and start earning before they begin loan repayments.