overseasMINORITY

Padho Pardesh Scheme 2026 — Interest Subsidy on Minority Overseas Education Loans | minorityaffairs.gov.in

🏛️ Ministry of Minority AffairsLast updated: 2026-05-18

💰 Benefit

100% interest subsidy on education loans up to ₹20 lakh for minority overseas Master's/MPhil/PhD

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Key Facts

Scholarship Amount: Interest subsidy on loan up to ₹20 lakh during study + 1 year moratorium
Duration: Course duration + 1 year
Income Limit: Family annual income ≤ ₹6 lakh
Application Window: Application year-round through bank

Scholarship Amount	Interest subsidy on loan up to ₹20 lakh during study + 1 year moratorium
Duration	Course duration + 1 year
Income Limit	Family annual income ≤ ₹6 lakh
Application Window	Application year-round through bank
Selection Process	Bank loan sanction → Padho Pardesh subsidy auto-applied → subsidy from Ministry of Minority Affairs

🎓 Apply via Canara Bank (Nodal Bank)

https://www.canarabank.com

About Padho Pardesh Scheme

Padho Pardesh Scheme provides 100% INTEREST SUBSIDY on education loans up to ₹20 lakh for minority community students (Muslim, Christian, Sikh, Buddhist, Parsi, Jain) pursuing Master's, MPhil, or PhD at recognized foreign universities. Subsidy paid during moratorium period (study + 1 year). Family income ≤ ₹6 lakh. Implemented through bank consortium led by Canara Bank. Aim: enable minority students to access international education without interest burden.

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✅ Eligibility

✓Minority community student (Muslim/Christian/Sikh/Buddhist/Parsi/Jain)
✓Admitted to recognized foreign university for Master's/MPhil/PhD
✓Education loan from approved Indian bank
✓Family income ≤ ₹6 lakh
✓Indian citizen
✓Age ≤ 35 years

📄 Documents Required

📄Aadhaar Card
📄Minority community certificate
📄Passport
📄Foreign university admission letter
📄Education loan sanction letter from Indian bank
📄Income Certificate (≤ ₹6 lakh)
📄Bank statements

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❓ FAQs — Padho Pardesh Scheme

▶Padho Pardesh Scheme kya hai 2026?

Minority Affairs Ministry's interest subsidy scheme on education loans up to ₹20 lakh for minority students pursuing overseas Master's/MPhil/PhD. 100% interest paid by government during study period + 1 year. Aim: make foreign higher education affordable for minorities without burden of interest accumulation.

▶Padho Pardesh eligibility 2026?

(1) Minority community (Muslim, Christian, Sikh, Buddhist, Parsi, Jain); (2) Admitted to recognized FOREIGN university for Master's/MPhil/PhD; (3) Took education loan from Indian bank; (4) Family income ≤ ₹6 lakh; (5) Age ≤ 35; (6) Indian citizen.

▶Padho Pardesh subsidy kaise milti hai?

Apply for education loan at Canara Bank (nodal) or other PSU bank. While applying, declare yourself as Minority + Padho Pardesh applicant. Bank auto-applies for subsidy. Ministry of Minority Affairs pays interest directly to bank during your study + 1 year moratorium. After moratorium, you pay regular EMIs.

▶Padho Pardesh vs National Overseas Scholarship for SC?

Padho Pardesh: Interest SUBSIDY on bank loan (no direct grant). For minorities. Up to ₹20 lakh loan. National Overseas Scholarship SC: Direct GRANT (no loan) covering tuition + maintenance + airfare. For SC students. Up to ₹15 lakh/year. SC minority students should compare and choose: NOSS SC if eligible (better — no loan to repay).

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Padho Pardesh Scheme 2026 — Interest Subsidy on Minority Overseas Education Loans | minorityaffairs.gov.in

Key Facts

About Padho Pardesh Scheme

✅ Eligibility

📄 Documents Required

❓ FAQs — Padho Pardesh Scheme

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