For undergoing studies in any professional course at graduate/post graduate level in India, a maximum of Rs. 4.00 lakhs as a loan will be provided to SC/ST students. The loan amount is up to Rs. 2,00,000/- for studies within the State. The repayment period is 5 years after the completion of the course of study or securing employment by the applicant, whichever is earlier. Interest will be levied from the date of disbursement of the loan amount and the rate of interest is 6%. The annual family income limit of the applicant is Rs. 3.50 lakhs.