Dr. Ambedkar Scheme of Interest Subsidy on Educational Loan for Overseas Studies for the Students belonging to the OBCs and EBCs


The Dr. Ambedkar Scheme of Interest Subsidy on Educational Loans for Overseas Studies for Other Backward Classes (OBCs) and Economically Backward Classes (EBCs) is a scheme that is dedicated for the promotion of education and more importantly education overseas among students belonging to OBCs and EBCs to study abroad in the programmes listed under this scheme.

This education loan scheme is a Central Sector Scheme which is designed to provide educational loans to students belonging to OBC and EBC category to study abroad for Masters, M.Phil. and PhD level studies.

Eligibility Criteria

  • Students should secure admission in any of the approved courses under this scheme for Masters, M.Phil. or PhD.
  • The student should avail a loan from a scheduled bank of the Indian Banks Association (IBA) under the Education Loan Scheme.
  • An OBC caste certificate is necessary to be produced by the student to give it to the bank they are availing the loan from.

Income Ceiling

  • For OBC candidates, the income ceiling is Rs. 3 lakh per annum.
  • For EBC candidates, the income ceiling is Rs. 1 lakh per annum.
  • Income certificate needs to be produced by the student while availing an educational loan which can be viz. ITR, Form 16, Audited Accounts, Income certificate (State Govt authorized), UT administration.

Courses that can be undertaken to avail the Scholarship

No. Course No. Course
1 Arts/Humanities/Social Sciences 22 Nuclear Engineering
2 Commerce 23

Information Technology (Computer Engineering,

Software, Software Quality Assurance, Networking/

Connectivity Engineering, Communication System,

Multi-media communication)

3 Pure Sciences 24 Industrial Safety Engineering
4 Engineering 25 Agriculture and Agro Technology
5 Biotechnology/Genetic Engineering 26 Agronomy
6 Industrial Environmental Engineering 27 Medical
7 Nano-Technology 28 Floriculture & Landscaping
8 Marine Engineering 29 Food Sciences and Technology
9 Petrochemical Engineering 30 Forestry and Natural Resources
10 Plastic Technology 31 Horticulture
11 Cryogenic Engineering 32 Plant Pathology
12 Mechatronics 33 Energy Studies
13 Automation Robotics (Artificial Intelligence) 34 Farm Power and Machinery
14 Laser Technology 35 Veterinary Sciences
15 Low Temperature Thermal Dynamics 36 Soils and Water Management
16 Optometry 37 Plant Breeding and Genetics
17 Art Restoration Technology 38 Small-scale Rural Technology
18 Dock and Harbour Engineering 39 Ocean & Atmospheric Sciences
19 Imaging System Technology 40 MBA

Composite Materials Engineering including

Decentralized Power Distribution system,

Energy Storage Engineering, Energy

Conservation, Energy Efficient Habitat

41 MCA
21 Packaging Engineering/Technology 42 Any Other Subject **

** A subject can be added or deleted by the Ministry as per the situation.

About Ileana Sharangpani

Ileana is a fresh face in content writing although her love for writing dates back to her school days. She is an avid tennis fan and has indulged in lawn tennis, basketball, hockey and volleyball during her school and college days. A foodie at heart, she likes to try different cuisines at every chance she gets. Professionally she has tried her hand at finance before content writing beckoned her. Already bitten by the travel bug, she hopes to explore different places in India and abroad.

Subscribe to our Newsletter