Route · /scheme/vetls

VETLS

Vocational Education and Training Loan Scheme

NationwideFamilyCentralCentral Sector SchemeMinistry Of Social Justice and EmpowermentNo 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 Vocational Education and Training Loan Scheme provides financial assistance to youth of the target group to enhance their skills & employability.

In detail

The scheme "Vocational Education and Training Loan Scheme" implemented by the National Safai Karamcharis Finance and Development Corporation under the Ministry of Social Justice and Empowerment, provides financial assistance to eligible youth of the target group of NSKFDC for pursuing vocational education and training courses. It aims to improve skills, employability, and self-reliance among beneficiaries. Financial support is available for courses run or supported by Government Ministries, Departments, NSDC, or State Skill Missions. The course duration should be from 6 months up to 2 years and may lead to a recognized certificate, diploma, or degree. Assistance is provided for up to 90% of the course expenses, subject to the prescribed loan limit.

Who qualifies

> Eligibility Criteria:

The person should be from the target group of NSKFDC.
The person should have secured admission in a course run or supported by a Ministry, Department, or Organization of the Government or a company, society, or organization supported by the National Skill Development Corporation or State Skill Missions/State Skill Corporations, preferably leading to a Certificate/Diploma/Degree etc. Issued by a Government Organization or an Organization recognized/authorized by the Government to do so.

> Course Eligibility:

Vocational Education and training courses of the duration of a minimum 6 months and up to 2 years run or supported by a Ministry/Department/Organization of the Government or a Company/Society/Organization supported by a National Skill Development Corporation or State Skills/Mission/State Skill Corporations.

> Age Eligibility:

The candidate should attain a minimum age of 18 years on completion of the course. The upper age limit is up to 50 years.

What you get

Quantum of loan

Need-based finance to meet up to 90% of expenses shall be considered subject to the following Ceilings:

For courses of duration up to 2 years: up to Rs. 4,00,000/-

> Note: In case of cost over-run, it shall be borne by the beneficiary.

Interest

National Safai Karamcharis Finance & Development Corporation (NSKFDC) shall charge interest @ 1% per annum from the Channelizing Agency, which, in turn, shall charge 4% per annum from the beneficiaries. In the case of women, an interest rebate of 0.5% shall be provided. **

Repayment:** Up to 7 years.

Listed by myScheme

Documentation completeness

5 of 9 checks passed

Checks are about the record,
not about the scheme.

✓

Eligibility published here1016 characters

✓

Benefit amount published hereamount or quantity stated

✓

Description more than a name149 characters

✗

Implementing agency published herefield absent from the record

✗

How to apply published hereno URL and no offline mode declared

✗

Start date published herenot published

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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

schemeName	Vocational Education and Training Loan Scheme	myScheme · 2026-09-02
schemeOpenDate	...	not published at source
schemeCloseDate	...	not published at source
nodalMinistryName	Ministry Of Social Justice and Empowerment	myScheme · 2026-09-02
dbtScheme	False	myScheme · 2026-09-02
achievement data	...	no source publishes this for any central scheme