KSSY: How to Apply for Kalinga Sikhya Sathi Yojana? Eligibility 2022

How To Apply For Kalinga Sikhya Sathi Yojana 2022 | Many students in Odisha wish to further their education but are unable to do so due to financial constraints. The Government of Odisha has introduced the Kalinga Sikhya Sathi Yojana with the financial situation of such students in mind.

Read In Hindi: How To Apply For Kalinga Sikhya Sathi Yojana 2022

The government will grant loans to students for higher education under this plan. You will learn all you need to know about the Kalinga Sikhya Sathi Yojana by reading this article. its goal, advantages, characteristics, eligibility requirements, needed papers, application method, and so on.

So, if you want to learn everything there is to know about the scheme, you should read this post all the way through.

About Kalinga Sikhya Sathi Yojana 2022

On June 27, 2016, the chief minister of Odisha, Mr Naveen Patnaik, announced the Kalinga Sikhya Sathi Yojana for students in Odisha who aspire to pursue higher education. Through this initiative, the government would give educational loans of up to Rs 10 lakh at a 1% interest rate. The remaining interest would be paid by the Odisha government’s Higher Education Department. The introduction of this programme would lower the financial burden of education on both parents and pupils. This programme will include all disciplines such as law, management, engineering, medical, and so on.

If the loan amount is up to Rs 7.5 lakh, the payback time is 10 years, and if the loan amount is up to Rs 10 lakh, the repayment period is 15 years. Students can obtain loans from designated banks under the Yojana.

KALINGA SIKHYA SATHI YOJANA 2021
KALINGA SIKHYA SATHI YOJANA 2022

 Key Highlights of Kalinga Sikhya Sathi Yojana

  • Name Of the Scheme: Kalinga Sikhya Sathi Yojana
  • Launched By: Chief Minister Of Odisha Mr Naveen Patnaik
  • Beneficiary: Students of Odisha
  • Objective: To Provide Educational Loan
  • Official Website: http://dheodisha.gov.in/KSSY/
  • Year: 2021
  • State: Odisha
  • Scheme Type: Government Scheme
  • Application Type: Online/Offline
  • Loan Amount: up to Rs 10 Lakh
  • Repayment Period: 10 Years in Case Of Loan up to Rs 7.5 Lakh And 15 Years In Case Of Loan Up to Rs 10 Lakh
  • Rate Of Interest: 1%

The objective of the Kalinga Sikhya Sathi Yojana

The major goal of the Kalinga Sikhya Sathi Yojana is to give educational loans so that all students who desire to continue higher education but are unable to do so due to financial constraints can do so. The financial load on parents and students will be eased as a result of this strategy. Because of the Yojana, residents of Orissa will now be able to pursue their education according to their interests, increasing the state’s literacy rate. This initiative will also play a significant part in producing employment in the country since more students will be educated as a result of its adoption, which would inevitably produce jobs.

The Advantages and Characteristics of the Kalinga Sikhya Sathi Yojana

  • Mr Naveen Patnaik, the chief minister of Odisha, has launched the Kalinga Sikhya Sathi Yojana.
  • This initiative was started on June 27, 2016, for Odisha students who aspire to pursue higher education.
  • The government gives financial help to students under this plan in the form of educational loans of up to Rs 10 lakh.
  • The recipient is only needed to pay a 1% interest rate on the loan amount.
  • This programme will include all courses such as medical, engineering, legal, and management, among others.
  • The remainder interest rate would be paid by the Government of Odisha’s higher education department.
  • If the loan amount is up to Rs 7.5 lac, the repayment term is 10 years.
  • If the loan amount is up to Rs 10 lakh, the payback term is 15 years.
  • Educational loans are available through scheduled banks under this Yojana.
  • This initiative is only open to Odisha residents.
  • The applicant’s yearly household income cannot exceed Rs 600,000 per year.
  • During the moratorium time, the interest rate is zero under this plan.

Interest Subvention During the Kalinga Sikhya Sathi Yojana Moratorium Period

The moratorium period is a period during which the borrower is not required to return the loan in any way. During this time, the borrower is not required to make any EMI payments. This is essentially a waiting time. The moratorium term for student loans, of course, includes one year. It differs from one bank to the next. The government gives financial support through this Yojana by waiving the interest of repayment and imposing a moratorium period once the student’s degree is completed.

Kalinga Sikhya Sathi Yojana Eligibility Criteria – Study Loan Eligibility

  • The applicant must be a long-term resident of Odisha.
  • The applicant’s yearly household income cannot exceed Rs. 6 lakh per year.
  • The applicant must not be a recipient of a comparable programme from the federal or state governments.
  • The loan terms and conditions will be determined by the standards of individual schedule banks.
  • The bank is in charge of processing the loan application.

Documents Required to Apply for Kalinga Sikhya Sathi Yojana

  • PAN card Aadhar card
  • Passbook for a bank
  • Certificate of Income
  • Examiner’s mark sheet from the most recent exam
  • Rationing card
  • Phone number
  • Photograph in passport size

How to Apply for Kalinga Sikhya Sathi Yojana?

An applicant must follow the steps given below to apply for Kalinga Sikhya Sathi Yojana:

  • To begin, go to the official website of the Government of Odisha’s Higher Education Department.
  • Before you, the home page will appear.
  • On the home page, you must select Kalinga sikhya Sathi.
  • You must now click on click here to apply.
  • After that, you must click on the register button.
  • A new page will appear in front of you.
  • You must input the following information on this new page: –
  • Initials
  • Middle Name
  • Last name
  • Phone number
  • Email ID
  • Password
  • The captcha code
  • Then you must press the submit button.
  • You must now click on the login button.
  • After that, you must click on the student login button.
  • You must now enter your email address, password, and captcha code.
  • After that, you must click on the login button.
  • You must now click on applications under this plan.
  • Following that, an application form will display in front of you.
  • You must fill out this application form with all of your personal information, such as your name, email address, phone number, and so on.
  • Following that, you must upload all relevant papers.
  • You must now select submit.

How to Login to the Portal

  • Please visit Vidya Lakshmi’s official website.
  • Before you, the homepage will appear.
  • On the main page, we had to click on the login button.
  • The options listed below will be displayed to you.
  • Log in as a student
  • Log in to your bank
  • Login to the government
  • You must select an option by clicking on it.
  • Following that, you must provide a username, password, and captcha code.
  • You must now click on the login button.
  • You can access the site by following this approach.

Kalinga Sikhya Sathi Yojana Offline Application Procedure

  • First and foremost, go to the nearest bank.
  • In the enquiry box, request the Kalinga Sikhya Sathi Yojana application form.
  • Fill out this application form completely, including your name, email address, phone number, and so on.
  • Then, attach all essential papers to this application form.
  • Now, return this application form to the same bank.
  • You may apply for the Yojana by following this approach.

Procedure for Filing a Complaint

  • Visit the official website of the Government of Odisha’s Higher Education Department.
  • Before you, the home page will appear.
  • You must now click on Kalinga Sikhya Sathi.
  • After then, you must choose the grievance box.
  • A grievance form will appear in front of you.
  • You must fill out the following information on this grievance form:
  • Name
  • Email
  • Phone number
  • Address
  • Message
  • The captcha code
  • Following that, you must click the submit button.
  • You may file a complaint by completing this method.

How to Search for Loans

  • First and foremost, visit Vidya Lakshmi’s official website.
  • Before you, the homepage will appear.
  • You must click on the search for loans button on the homepage.
  • You must now enter your email address, password, and captcha code.
  • After that, you must click on the login button.
  • You must now click on the loan search link.
  • Your computer screen will display a list of all available loans.

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List Of Banks Providing Kalinga Sikhya Sathi Yojana

  • Allahabad Bank
  • Andhra Bank
  • Bank of Baroda
  • Bank of India
  • Bank of Maharashtra
  • Bharatiya Mahila Bank
  • Canara Bank
  • Central Bank
  • Central Bank of India
  • Dena Bank
  • IDBI Bank
  • India bank
  • Indian Overseas Bank
  • Oriental Bank of commerce
  • Punjab and Sind Bank
  • Punjab National Bank
  • State Bank of Bikaner and Jaipur
  • State Bank of Hyderabad
  • State Bank of India
  • State Bank of Mysore
  • State Bank of Travancore
  • Syndicate Bank
  • UCO Bank
  • Union Bank of India
  • United Bank of India
  • Vijaya Bank
  • Axis Bank limited
  • Bandhan Bank
  • City Union Bank
  • DCB
  • Federal Bank
  • HDFC Bank
  • ICICI Bank
  • IndusInd Bank
  • Karnataka Bank
  • Karur Vysya Bank
  • Kotak Mahindra Bank
  • Lakshmi Vilas Bank
  • Standard Chartered Bank
  • The South India bank limited
  • Yes Bank
  • Odisha State Cooperative Bank

Kalinga Sikhya Sathi Yojana Helpline Number

We have given you all of the necessary information on the Kalinga Sikhya Sathi Yojana in this post. If you are still having problems, you may call the hotline number or send an email to get support. The following is the phone number and email address: –

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