educationState: KAActive

Raita Vidya Nidhi — Education Loan for Farmers' Children Karnataka

रैत विद्या निधि — किसान शिक्षा ऋण (कर्नाटक)

Agriculture Department / Karnataka State Cooperative Agriculture and Rural Development Bank

💰 Benefit: Up to ₹5 lakh at 1% interest

iAbout This Scheme

Subsidized education loan at 1% interest per annum for higher education of children of Karnataka farmers, enabling rural agricultural families to fund professional and degree courses.

🎁Key Benefits

Education loan at 1% interest per annum
Loan up to ₹5 lakh for professional courses
Up to ₹2 lakh for degree/diploma courses
State government pays remaining interest component
Moratorium during course period

✅Eligibility Criteria

1
Parent must be a farmer with agricultural land in Karnataka
2
Student must be admitted to a recognized college or institution
3
Family annual income below ₹2 lakh

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📝How to Apply

Apply at Cooperative Bank

Visit nearest Karnataka State Cooperative Agriculture and Rural Development Bank (KSCARD Bank) branch.

Submit Documents

Submit parent's land documents, student's admission letter, and income certificate.

Loan Sanction

Bank sanctions loan at 1% interest; state pays balance interest.

Disbursement

Loan disbursed directly to institution account in instalments.

❓Frequently Asked Questions

Does this cover private engineering colleges?

Yes, loans for private recognized colleges are covered. Fees must be per government-approved structure.

What is the repayment tenure?

Repayment begins after course completion plus 6 months moratorium; tenure up to 7 years.

Required Documents

Parent's land ownership documents (RTC)
Student's admission letter and fee structure
Income certificate
Aadhaar Cards of student and parent

Editorial note: This page is researched, written, and regularly reviewed by the Aditya Raj Hirve using official government sources and notifications. Information is verified against the originating ministry or department portal before publication. Last reviewed: July 2026.

Always verify critical details directly from the official government portal before applying.

Required Documents

Parent's land ownership documents (RTC)

Raita Vidya Nidhi — Education Loan for Farmers' Children Karnataka — Eligibility, Documents & Apply 2026 | Sarkaari Saathi

Raita Vidya Nidhi — Education Loan for Farmers' Children Karnataka

iAbout This Scheme

🎁Key Benefits

✅Eligibility Criteria

📝How to Apply

❓Frequently Asked Questions

Required Documents

Required Documents

Quick Info

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