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/oels

OELS

Overseas Educational Loan Scheme
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 "Overseas Educational Loan Scheme" objective is to provide financial/loan assistance to students belonging to minority communities who are pursuing graduate or postgraduate degree courses in recognized universities abroad.

In detail

The "Overseas Educational Loan Scheme" was launched by the Minorities Welfare Department, Government of Karnataka, and implemented by the Karnataka Minorities Development Corporation. The scheme objective is to provide financial/loan assistance to students belonging to minority communities who are pursuing graduate or postgraduate degree courses in recognized universities abroad.

Who qualifies

  • The student should be a resident of Karnataka State.
  • The student should belong to a minority community (Muslim, Christian, Jain, Buddhist, Sikh and Parsi).
  • The student should have secured at least 60% marks in the previous year.
  • The student should have received an offer letter from a foreign university.
  • Loans will be provided only on mortgage of property (building/land) to the corporation. The value of the property should not be less than the loan amount.
  • The students who have not received a scholarship from the Directorate of Minorities.

What you get

  • The loan amount will be provided up to ₹20,00,000/- at a zero interest rate.
Listed by DBT BharatmyScheme
Documentation completeness
6 of 9 checks passed
Checks are about the record,
not about the scheme.
✓
Eligibility published here571 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name226 characters
✓
Implementing agency published herenamed
✗
How to apply published hereno URL and no offline mode declared
✗
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
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Provenance

Every field above, and where it came from
schemeNameOverseas Educational Loan SchememyScheme · 2026-09-02
schemeOpenDate...not published at source
schemeCloseDate...not published at source
nodalMinistryName...myScheme · 2026-09-02
dbtSchemeFalsemyScheme · 2026-09-02
achievement data...no source publishes this for any central scheme