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NHFDC Scheme for Concessional Education Loans to Persons with Disabilities


The National Handicapped Finance and Development Corporation (NHFDC) was set up by the Ministry of Social Justice & Empowerment, Government of India on 24 January 1997.

The main role of NHFDC is to ensure that funds allocated for the welfare of disabled people reach the respective State Channelising Agencies (SCA) nominated by the State Governments.

One of the scheme offered by NHFDC is Concessional Education Loans to Persons with Disabilities.

About the scheme

The scheme is a term loan given to people with disabilities to enable them to get higher education in India or abroad where admission has been secured.

Who is eligible?

Any student with 40% or more disability can avail the discount with proper disability certificate issued by recognized authorities.

Eligible Courses

All courses with employment prospects are eligible.

• Graduation courses/ Post graduation courses/ Professional courses

• Other courses approved by UGC/Government/AICTE etc.

Amount of loan

The loan is given to a disabled student based on the repaying capacity of the parents or students.

• A maximum loan of ₹10 lakhs is given for studies in India.

• A maximum loan of ₹20 lakhs is given for studies outside India.

Rate of interest

• Rate of Interest is 4% p.a.

• A rebate of 0.5% is given on interest to women students.

For further details, please contact the State Channelising Agencies of your State Or National Handicapped Finance and Development Corporation (Ministry of Social Justice & Empowerment) Red Cross Bhawan, Sector-12, Faridabad – 121 007 Ph: (0129) 2287512, 2287513, 2226910 TeleFax : (0129) – 2284371 E-mail : nhfdc97@gmail.com



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