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WBMDFC Education Loan 2020-21 : West Bengal Minorities Development & Finance Corporation

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Organisation : WBMDFC West Bengal Minorities Development & Finance Corporation (
Scholarship Name : Education Loan For Higher Education 2020-21
Applicable For : Students pursuing Professional & Technical Courses
Applicable State : West Bengal
Website :

Sponsored Links:

WBMDFC Education Loan

WBMDFC West Bengal Minorities Development & Finance Corporation invites online applications for Education Loan for the year 2020-21.

Eligibility Criteria

1. He/ She must be the citizen of India and domicile of West Bengal.
2. His/ Her annual family income should not exceed Rs 81000/- in rural areas and Rs.103000/- in urban areas.

3. He/ She should have obtained minimum 50% marks in the last final examination of the Board/ University.
4. His/her age should not more than 32 years.
5. Applicable with @ 3 % interest charged per annum.

How to Apply?

Just follow the below steps to apply for the Education Loan 2020-21 online.

Steps :
Step 1 : Go to the official website of West Bengal Minorities Development & Finance Corporation provided above.

Step 2 : Read The Instructions Carefully Before Registering Your Application Online. Then Click the Apply Online button at the end of the page.

Step 3 : Fill the following details and click on Next button.
** Enter Your First Name
** Enter Your Date of Birth
** Enter Your Middle Name (if any)
** Enter Your Last Name

** Select Your Community
** Enter Your Father’s name
** Select Your Nationality
** Enter Your Mother’s Name
** Enter Your Mobile No.

** Select Your Domicile State
** Enter Your E-mail ID
** Enter Your Annual Family Income
** Select Your Caste

** Enter Your Address for Correspondence
** Enter the Date of Application

Step 4 : After that enter further details to complete your registration.
Step 5 : After submit your application take a print out of your application.

Step 6 : Students are required to submit duly signed the printed version of their online applications to their respective institutes for verification of information given in the online application.

Step 7 : The hard copy of the online application is to be certifying by the head of the respective institute and student will submit the authenticated to WBMDFC’s Head Office.

Rate of Scholarship

The rate of scholarship will be as under

 Sl.No. Type of Financial Assistance Rate for hostler Rate for Day Scholar
1. Maintenance Allowance (For 10 months only) Rs.10,000/-per annum( Rs.1000 p.m.) Rs.5,000/- per annum.( Rs.500 p.m.)
2. Course Fee* Rs.20,000/- per annum or Actual whichever is less Rs.20,000/- per annum or Actual whichever is less
Total Rs.30,000/- Rs.25,000/-

Rate of Education Loan :
** Rs.2,50,000 maximum for 5 year Courses.
** Rs.50,000 maximum a year.
** One Installment per year.

General Terms & Conditions

** CBS Bank Account to be opened jointly in the name of student and parent or legal guardian, if selected.
** Eligible students are required to provide eligible guarantors and execute other relevant documents, if selected.

** The hard copy of the online application will be submitted duly signed by the Institute along with undernoted documents.
(i) Fees Structure & Bonafide certificate from college and age proof (Madhyamick Admit Card) of the eligible student.

(ii) Annual family Income Certificate from MP/MLA/SDO/BDO/Pradhan/Councilor or Chairman of the concerned Municipality.
(iii) Self attested copy of Marks Sheet of the last qualifying examination of the Board/ University.


Candidate can contact the Help Desk for resolution of the Technical problems
Toll Free no : 1800-120-2130
Dedicated Whats App no.: 8017071714

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