The Schemes Register Indian government scheme data · and what is missing from it
Last complete collection today ·snapshot 2026-09-02 · 4,771 of 4,772 records · 48/48 pages ·verdict COMPLETE ·2 snapshot(s) held
Route · /scheme/fatlclnbsmec

FATLCLNBSMEC

Financial Assistance to the Teachers/Lecturers Children who taken loan from Nationalised Banks for studying Medical/Engineering Courses
KarnatakaIndividualState/ UTNo start date
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

The “Financial Assistance to the Teachers/Lecturers Children who taken loan from Nationalised Banks for studying Medical/Engineering Courses” aims to provide financial assistance to the children of teachers/lecturers working in govt. & aided primary, secondary, graduate, & post-graduate institution.

In detail

The “Financial Assistance to the Teachers/Lecturers Children who taken loan from Nationalised Banks for studying Medical/Engineering Courses” aims to provide financial assistance to the children of teachers/lecturers working in government and aided primary, secondary, graduate, and post-graduate institutions. This assistance helps reduce the financial burden on families by covering interest charges on educational loans for vocational courses in medicine and engineering, including postgraduate courses.

Who qualifies

  • The applicant parent should be a teacher/lecturer working in a government or aided institution with life membership of the Welfare Fund.
  • The student must have passed each year or semester of the course on the first attempt.
  • The student should have studied from 1st to 10th standard in government or aided schools in Karnataka.1. The applicant should have availed educational loan from a nationalized bank for professional education in medicine or engineering.
  • The educational loan should be taken for courses within India.
  • Only one child per family can avail of the financial assistance.
  • Assistance is only available for final-year students in vocational medical, engineering, or postgraduate programs.

What you get

  • One-time financial assistance up to ₹50,000/- covers the interest component of educational loans availed from nationalized banks.

> Note: The sanctioned amount is directly transferred to the borrower's bank account.

Who is excluded

  • The retired teacher's children are not eligible for this scheme.
Listed by myScheme
Documentation completeness
6 of 9 checks passed
Checks are about the record,
not about the scheme.
✓
Eligibility published here724 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name300 characters
✗
Implementing agency published herefield absent from the record
✓
How to apply published hereoffline mode declared, no URL needed
✗
Start date published herenot published
✗
End date published hereno end date recorded, so indefinite by omission
✓
Stored links well-formedall parse
✓
Not expired while still listedno end date
Something missing or wrong on this page? This register only knows what four government sources publish. If you know where the real figure lives, a link to the notification or order is what lets us publish it. Tell us on GitHub

Provenance

Every field above, and where it came from
schemeNameFinancial Assistance to the Teachers/Lecturers Children who taken loan from Nationalised Banks for studying Medical/Engineering CoursesmyScheme · 2026-09-02
schemeOpenDate...not published at source
schemeCloseDate...not published at source
nodalMinistryName...myScheme · 2026-09-02
dbtSchemeTruemyScheme · 2026-09-02
achievement data...no source publishes this for any central scheme