DR. Ambedkar Central Sector Scheme of Interest subsidy on Educational Loan 2023-2024
Indian Banks’ Association
May 09, 2023
Implementation of Dr. Ambedkar Central Sector Scheme of Interest Subsidy (ACSIS) on educational loan for OBCs and EBCs (under SHREYAS) during 2023-24: Not to consider / accept fresh applications under the ACSIS Scheme till further orders
The Ministry of Social Justice and Empowerment (MoSJE), Government of India (Gol) have conveyed that the Banks should not consider/ accept any fresh applications under the ACSIS Scheme till further guidelines.
2. The claims that were already uploaded for the first-time during FY 2022-23 and due for renewal during this financial year i.e., FY 2023-24 will not be considered.
3. The students who have not been given any benefit till now (pending fresh cases) may also be kept on hold till further notice i.e., the records uploaded for the first-time during FY 2022-23 will not be processed for payments till further communication from the MoSJE.
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