About:
The Interest-Free Education Loan Scholarship by Sakal India Foundation (SIF) is designed to support meritorious Indian students from financially weaker backgrounds who wish to pursue higher education in India or abroad. Established in 1959, SIF offers scholarships, career mentoring, and interest-free loans to help students build a successful future without financial stress.
Last date : 25th June 2025
Benefits:
Loan Amount: ₹ 1,00,000/-
Zero Interest Education Loan – No added financial burden.
Repayment Condition: Repay within 2 years.
Eligibility Criteria:
Valid admission confirmation in a recognized institution (India or abroad).
Pursuing graduate, postgraduate, PG diploma, or PhD courses.
Should have a strong academic record.
Parents/Guardians must have a stable income source.
Requires a guarantor.
Students pursuing M.S. or PhD abroad.
Students pursuing PhD in India.
Documents Required:
Filled online application form with photograph.
Copies of 10th, 12th, and latest educational certificates.
Cost of study/course expense statement.
Aadhaar and PAN Card of student and parent/guardian.
Selection Process:
Online Registration on the SIF portal.
Interview with the Expert Committee for final selection.
Scholarship Duration: 2 Years.
Application Mode: Online via SIF official portal.
Application link:
https://www.sakalindiafoundation.com/scholarship/login.php
Official website:
https://www.sakalindiafoundation.com/interest-free-education-loan-scholarship/
Contact details:
Address:
Sakal Office Building, 595, Budhwar Peth, Pune 411002
Email:
contactus@sakalindiafoundation.org
Phone:
020 66035935