• To provide loan facility to individuals intending to take up skill development courses.
  • Any individual who has secured admission in a course run by Industrial Training Institutes (ITIs), Polytechnics or in a school recognized by central or State education Boards or in a college affiliated to recognized university, training partners affiliated to National Skill Development Corporation (NSDC)/Sector Skill Councils, State Skill Mission, State Skill Corporation, preferably leading to a certificate / diploma / degree issued by such organization as per National Skill Qualification Framework (NSQF) is eligible for a Skilling Loan.
  • Training partners/centers affiliated to NSDC are available at the below mentioned links:


  • Minimum: 5,000
  • Maximum: 150,000
  • Courses upto 1 year: 6 months after completion of the course.
  • Courses above 1 year: 12 months after completion of the course.
  • Parents to be joint borrower(s).
  • No collateral. 
  • Covered under Credit guarantee Fund Scheme for Skill Development (CGFSSD)  of National Credit Guarantee Trust Company Ltd.
  • Upto 50,000                                     : 3 years
  • Between 50,000 to 1 lakh             : 5 years
  • Above 1 lakh                                    : 7 years