- Andhra Pradesh’s NTR Vidya Sankalpam Scheme offers loans up to Rs. 1 lakh for the education of Dwakra women’s children.
- Loans range from Rs. 10,000 to Rs. 1 lakh with a low interest rate of 0.35%, repayable over 24 to 36 months.
- Funds can be used for fees, books, uniforms, technical education, and bicycles, given through Stree Nidhi Bank and women’s federations.
Andhra Pradesh government has introduced the NTR Vidya Sankalpam Scheme to support the education of children from KG to PG levels. Under this initiative, Dwakra women in Andhra Pradesh can avail themselves of low-interest education loans through Stree Nidhi Bank.
The scheme is designed to ease the financial burden on rural families by providing loans with flexible repayment options, ensuring that children’s education is not interrupted due to lack of funds. Officials said the program aims to empower women and promote higher literacy rates across the state.
Eligibility and Benefits of NTR Vidya Sankalpam Scheme for Dwakra Women
This scheme is especially for Dwakra women in Andhra Pradesh who want to support their children’s education. Whether your child studies in government or private schools and colleges, from kindergarten to postgraduate courses, you can apply. The scheme offers financial support to cover different educational needs, making it easier for you to provide quality education to your children.
Loan Amounts and Interest Rates under the Scheme
You can get loans ranging from Rs. 10,000 to Rs. 1 lakh depending on your educational expenses. The interest rate is very low at just 0.35%, making repayment affordable. This helps reduce the money burden while making sure your child’s education continues smoothly.
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How to Use the Loan for Educational Expenses
The loan amount can be used for many educational expenses including:
- School and college fees
- Books and uniforms
- Technical education courses
- Buying bicycles for students who travel long distances to school
This flexibility makes sure the loan supports all important parts of your child’s education.
Application Process and Repayment Terms
Applying for the NTR Vidya Sankalpam Scheme is simple. You need to go to the local Stree Nidhi Bank or the women’s federations in your area. They will guide you through the application process and help you submit the required documents.
Role of Stree Nidhi Bank and Women’s Federations
Loans under this scheme are given through the Stree Nidhi Bank and the Stree Nidhi Credit Cooperative Federations. These groups work closely with women’s organizations to make sure loan processing goes smoothly and provide support. They also help check that funds are used properly for educational purposes.
Contacting Local Authorities for More Information
If you want to know more or need help, you can contact your local government officials or the Stree Nidhi Bank branch in your area. They provide detailed information and help you understand the scheme better. Taking this step can open up a valuable chance for your child’s education.
| Feature | Details |
|---|---|
| Loan Amount | Rs. 10,000 to Rs. 1,00,000 |
| Interest Rate | 0.35% |
| Repayment Period | 24 to 36 months |
| Eligible Students | KG to PG level, Government & Private Institutions |
| Loan Disbursement | Stree Nidhi Bank & Women’s Federations |
| Contact | Local Stree Nidhi Bank Branch / Government Officials |
| Government Budget | Rs. 200 Crores annually |
| Official Website | https://drntrvaidyaseva.ap.gov.in/ |
This scheme is a great chance for Dwakra women in Andhra Pradesh to support their children’s education with affordable loans. Make sure to contact your local authorities and take advantage of this opportunity to secure a bright future for your family.