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

1Arts/Humanities/Social Sciences22Nuclear Engineering

Information Technology (Computer Engineering,

Software, Software Quality Assurance, Networking/

Connectivity Engineering, Communication System,

Multi-media communication)

3Pure Sciences24Industrial Safety Engineering
4Engineering25Agriculture and Agro Technology
5Biotechnology/Genetic Engineering26Agronomy
6Industrial Environmental Engineering27Medical
7Nano-Technology28Floriculture & Landscaping
8Marine Engineering29Food Sciences and Technology
9Petrochemical Engineering30Forestry and Natural Resources
10Plastic Technology31Horticulture
11Cryogenic Engineering32Plant Pathology
12Mechatronics33Energy Studies
13Automation Robotics (Artificial Intelligence)34Farm Power and Machinery
14Laser Technology35Veterinary Sciences
15Low Temperature Thermal Dynamics36Soils and Water Management
16Optometry37Plant Breeding and Genetics
17Art Restoration Technology38Small-scale Rural Technology
18Dock and Harbour Engineering39Ocean & Atmospheric Sciences
19Imaging System Technology40MBA

Composite Materials Engineering including

Decentralized Power Distribution system,

Energy Storage Engineering, Energy

Conservation, Energy Efficient Habitat

21Packaging Engineering/Technology42Any 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.

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