Education Loan Scheme for Backward Classes Haryana(ELSBCH)

Overview

About ELSBCH

The Education Loan Scheme for Backward Classes Haryana is a loan, so every rupee goes back to the lender with interest. That lender is the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam (HBCKN), a state undertaking incorporated in December 1980, which Haryana declared the State Channelising Agency of the National Backward Classes Finance and Development Corporation (NBCFDC) after NBCFDC was set up in 1992 (HBCKN, incorporation of the Nigam). Most of the money is NBCFDC's, lent on through the Nigam, and it is the Nigam that recovers the loan.

The scheme is meant for a Backward Class student from Haryana who already holds a seat in a professional or technical course at graduate level or above and needs the fees, hostel and books financed.

The Nigam's current terms differ from the ones still widely quoted. Its new loan portal, which took over the services of hbckn.org.in from 1 August 2026, lists a ceiling of Rs 25 lakh for study in India or abroad, interest of 8% a year for men and women alike, and a family income limit of Rs 5 lakh a year (HBCKN loan portal). The ceiling and the rate are the education row of the pattern of finance NBCFDC has applied since 1 April 2025 (NBCFDC pattern of finance). The myScheme record shown with each section below, and the Saral guidelines sheet it cites, predate that revision and still carry the older, lower ceilings, the lower interest rates and the lower income limit (Saral guidelines sheet). Where the record and the portal disagree, go by the portal, which is the lender's own statement of the terms it applies now.

The record names the Welfare of Scheduled Castes and Backward Classes Department as the provider. Under Notification No. 6/4/2022-1 Cabinet dated 1 January 2023, that department and the Department of Social Justice, Empowerment and Antyodaya were merged into one, the Social Justice, Empowerment, Welfare of Scheduled Castes and Backward Classes and Antyodaya (SEWA) Department (SEWA Department, introduction). SEWA contributes to the Nigam's share capital through one of its state schemes (SEWA state schemes), while the Nigam itself takes and sanctions the loan applications.

Who runs it

Provider

At a glance

Key details

Calendar

Important dates

The Nigam publishes no application window for this loan. Apply once the admission letter and fee structure are in hand, because both are required documents. The dates that matter are the revisions: NBCFDC's current pattern of finance runs from 1 April 2025 (NBCFDC pattern of finance), and the Nigam's new portal took over its loan services from 1 August 2026 (HBCKN loan portal).

Who can apply

Eligibility criteria

The income test is the condition that moved. The Nigam's portal and its own FAQ now put the family income limit at Rs 5 lakh a year, the same for rural and urban families (HBCKN loan portal). The older FAQ on hbckn.org.in, like the myScheme record, still says Rs 3,00,000 (HBCKN FAQ, old portal). A family between the two figures should apply on the new portal and let the district office rule on it, rather than rule itself out from an old page.

The caste has to be on Haryana's Backward Classes list, which the Nigam publishes caste by caste, with Aheria, Kumhar, Suthar and Tarkhan among the entries (HBCKN list of Backward Classes). The age band of 18 to 55 years on the Nigam's portal means a working adult going back for a professional degree is not shut out (HBCKN loan portal). The 50% floor applies to the qualifying examination for the course, and NBCFDC applies the same floor at the national level (NBCFDC pattern of finance).

On course type, the portal names every professional and technical course at graduate level and above approved by a recognised authority, and adds professional training courses to the list (HBCKN loan portal).

Who cannot apply

Exclusions

The scheme publishes no exclusion list of its own. The condition that decides how much a family can borrow is the security. For any loan above Rs 1,50,000 the Nigam requires either immovable property worth at least one and a half times the loan, mortgaged in the Nigam's name, or two guarantors: a person who has paid income tax for the last five years and a government employee with at least seven years of service left (HBCKN loan portal). A family that can offer neither is limited to a loan of Rs 1,50,000 or less, however large the fee.

The other refusals follow from the eligibility test: a family income above the limit on the Parivar Pehchan Patra, a qualifying mark below 50%, a course without approval from a regulator such as AICTE or UGC, or a caste missing from the Haryana list.

Continuation

Renewal conditions

The Nigam's scheme page sets no year-by-year renewal test and does not say whether the fees of later years are released under the first sanction or need a fresh one, so on a course of several years, settle that with the District Manager at the time of sanction.

What you get

Award & benefits

The benefit is money you owe back, not a grant. The current terms, as the Nigam's portal lists them, are set out below.

The student's 5% of the course cost is not lent at all; the family pays it. The loan can cover admission and tuition fees, books, stationery and the equipment the course needs, examination fees, lodging and boarding, and the insurance premium for the loan period (HBCKN loan portal).

NBCFDC's national scheme allows an education loan a repayment period of at most 10 years, including a 5-year moratorium, and lends to the channel partner at 5% so that the student pays 8% (NBCFDC individual loan scheme). The Nigam's 60 monthly instalments come to the same five years of repayment (HBCKN loan portal), but its grace period ends six months after the course or at the first job, whichever comes first, and that can fall well before a five-year moratorium would. The sanction letter is where the schedule that actually applies is written down.

• Education loan for pursuing professional and technical education at the graduate and higher levels.
• The maximum loan amount provided is ₹15,00,000/- for studies in India.
• The maximum loan amount provided is ₹20,00,000/- for studies abroad.
• The interest rate is 4% per annum.
• For girl students, the interest rate is 3.5% per annum.

What to prepare

Documents required

The papers come in two rounds. The application itself needs the documents in the myScheme record below; the portal's own list at this stage is shorter, with no separate domicile certificate (HBCKN loan portal).

The second round comes at sanction. For a loan up to Rs 1,50,000 the Nigam takes the surety of a respected person who has lived in the village or town for five years and has no criminal case registered at any police station, or of a government employee with at least five years of service, along with 10 post-dated cheques and a photocopy of the bank passbook (HBCKN loan portal). Above that amount the collateral rule under Exclusions applies, with the guarantor's identity proof and the same cheques and passbook copy.

The sanction-stage list printed under the education loan also repeats items from the Nigam's business loans, such as a project report and bills for material purchased, so confirm with the district office which of them a student has to file.

Step by step

How to apply

Applications now run through the Nigam's own portal. Registration starts with the family's Parivar Pehchan Patra ID and an OTP; the form then displays the applicant's name, age, annual family income, category and rural or urban status as fixed fields rather than boxes to type in, and asks only for religion, caste, address and education (HBCKN registration page). An out-of-date income figure in the family record cannot be corrected on the form, so update the Parivar Pehchan Patra first.

1. Enter the Parivar Pehchan Patra ID, choose your own name from the family members listed and confirm the OTP.
2. Fill in caste, address and education, register your mobile number as the user name, and accept the portal's terms, which include a promise to pay the instalments on time and to spend the loan only on the purpose it was sanctioned for.
3. Log in, apply for the education loan and upload the application documents; the surety or collateral papers follow at the sanction stage.

The older route through Antyodaya SARAL and an Atal Seva Kendra charged no government fee and a small service charge at the Kendra, and the service was not placed under a Right to Service time limit (Saral guidelines sheet). The Nigam's notice now sends loan applicants from 1 August 2026 to the new portal (HBCKN, old portal notice).

Tracking the Application

The portal's status page searches by one thing only, the application number (HBCKN application status). Note that number when you submit, and keep it with the Parivar Pehchan Patra ID.

How winners are picked

Selection process

The Nigam publishes no merit list or ranking for this loan. After the eligibility check and the security papers, the decision sits with an officer set by the loan amount: the District Manager for up to Rs 1,50,000, and the head office in Chandigarh above that (HBCKN loan portal).

Fine print

Terms & conditions

Interest runs from the day the loan is disbursed, and the portal lists the interest instalments as monthly. Repayment of the principal starts six months after the course ends or as soon as you get a job, whichever comes first, and a missed instalment attracts penal interest of 6% a year (HBCKN loan portal). Read together, those lines point to interest being paid month by month while the student is still studying, with only the principal held back, which is worth confirming before the sanction letter is signed.

NBCFDC's schemes carry a timely-payment rebate of 1% a year, shared equally between the channel partner and the borrower (NBCFDC individual loan scheme). The Nigam's scheme page does not mention the rebate, so ask whether your sanction letter includes it.

Get help

Contact

The Nigam's head office is at SCO No. 813-14, Sector 22-A, Chandigarh, on +91-172-2701722, and it takes email at hbckn222@gmail.com (HBCKN loan portal). The old portal still gives the Saral helpline for scheme queries, 0172-3968400, from 7 am to 9 pm, Monday to Saturday (HBCKN, old portal). The new portal's contact page lists a District Manager for each district with an office phone number and an email address, and that District Manager is the officer who sanctions a loan of up to Rs 1,50,000 (HBCKN loan portal).

Source

Official links

Frequently asked questions

From the official scheme FAQ (myScheme)

Read this

Disclaimer

Disclaimer

Scheme details are compiled from myScheme, the Government of India’s official scheme-discovery platform, and are reproduced without alteration. Amounts, deadlines and eligibility change between cycles, so always confirm on the official links above before applying. Expertie does not process applications or charge fees.

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References

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