NMMS (National Means Cum Merit Scholarship) Scheme 2024.

 NMMS (National Means Come Merit Scholarship) Scheme 2024 Announced: National Means Come Merit Scholarship 2024 for students studying in class VIII with the aim to enable bright students from poor economic status in the state to complete their studies up to class 12 and reduce the drop out rate in secondary and higher secondary schools. The scheme named is implemented by the Ministry of Education, Government of India. The examination will be conducted by the State Examination Board Gandhinagar in the near future to select the beneficiary students

IDBI Personal loan – Interest Rates 2024, IDBI Bank Personal Loan Apply Online 2024, Check Interest Rates, Eligibility , IDBI Bank Personal Loan For Any Required, What is loan interest for 2024?, What is the interest rate of personal loan in IDBI Bank?, What is the interest rate for IDBI gold loan in 2024?, What is the interest rate for Bank of India personal loan 2024?

The application forms for this examination have to be filled online on the website www.sebexam.org from 20th February 2024 to 28th February 2024.

Table of Contents

NMMS (National Means Cum Merit Scholarship) Scheme 2024

1. Student Eligibility:

2. Income limit

3. Examination Fee

4. Scholarship amount and payment rules

5. Apply like this

6. Important date

7. Frequently Asked Questions

NMMS (National Means Cum Merit Scholarship) Scheme 2024

▪️  Name of Scholarship Scheme: NMMS (National Means Merit Scholarship).

▪️  Beneficiary: Students of Class 8.

▪️  Application Date : From 20 February 2024 to 28 February 2024.

▪️  Assistance: 48000 thousand (12000 thousand per year).

▪️  Objective : To enable bright students from poor economic status in the state to complete their studies up to class 12.

▪️  Website : www.sebexam.org

Student Eligibility:

To avail the benefit of this scheme one should have the following qualifications. Students studying in government primary schools, local body schools (District Panchayat/Mahanagarpalika/Municipality School) and Granted Primary Schools in the current academic year can get the benefit of this scholarship exam.

General category and OBC category student should have secured minimum 55% marks or equivalent grade in class VII.

Note: Students of Private Schools Private School / Self Finance, School Kendriya Vidyalaya, Jawahar Navodaya Vidyalaya and residential schools run by Central / State Government schools where accommodation, meals and study facilities are provided will not be eligible to fill the application form in this examination.

In today’s dynamic financial landscape, securing a loan has become a frequent Requirements . Whether you are an employed person or an entrepreneur, there are times when access to additional funds becomes essential to meet various expenses. Among a range of lending institutions, both conventional banks & non-banking financial institutions, Industrial Development Bank of India (IDBI) Bank, a leading name in India’s banking sector, has launched a personal loan offering.

This article explores the intricacies of Industrial Development Bank of India (IDBI) Bank Personal Loan, its benefits, eligibility criteria and application process.

Industrial Development Bank of India Personal Loan Apply Online

With interest rates ranging from 11% to 15.50%, Industrial Development Bank of India Personal Loan 2024 presents a versatile solution to your financial Required . As of 2024, these loans cater to loan amounts ranging from Rs.25,000 to Rs.5 lakh, offering a lifeline for various financial needs. Additionally, the bank has introduced a reasonable processing fee of 1% or Rs.2500, whichever is less, ensuring accessible credit.

IDBI Personal Loan 2024 Eligibility

Name Of Article :- IDBI Personal Loan (IDBI Personal Loan 2024)

Bank Loan Interest Rate :- 11%-15.50%

Financial Year :- 2023

Processing Fee :- 1% or 2500 whichever is less

Loan Amount :- Rs.25,000 to Rs.5 lakhs

Help Line Contact Number :- 1800-209-4324

Official Portal :- https://www.idbibank.in/personal-loan.aspx

IDBI Personal loan 2024 Interest Rate Update / IDBI Personal Loan Interest Rate :

In light of Reserve Bank of India reverse repo rate hike in 2024, IDBI Bank has adjusted its interest rates accordingly. The current year sees the bank’s interest rate at a competitive 11%, having previously ranged from 9% to 13.58%. The interest rate is based on the borrower’s Credit Information Bureau (India) Limited (CIBIL) score, which rewards those with a higher score with a lower interest rate of up to 15.50%.

Notably, Industrial Development Bank of India Bank offers relief through partial repayment and extends top-up loan options to its patrons, expanding the range of financial possibilities.

IDBI Personal loan 2024 Interest Rate Update / IDBI Personal Loan Interest Rate :

In light of Reserve Bank of India reverse repo rate hike in 2024, IDBI Bank has adjusted its interest rates accordingly. The current year sees the bank’s interest rate at a competitive 11%, having previously ranged from 9% to 13.58%. The interest rate is based on the borrower’s Credit Information Bureau (India) Limited (CIBIL) score, which rewards those with a higher score with a lower interest rate of up to 15.50%.

Notably, Industrial Development Bank of India Bank offers relief through partial repayment and extends top-up loan options to its patrons, expanding the range of financial possibilities.

Documents Needed for IDBI Bank Personal Loan / Industrial Development Bank of India Loan Documents:

For a seamless loan application procedure, IDBI Bank mandates submission of key documents:

Online form duly filled by the Candidate.

Proof of Identity including Passport, Voter Card, Aadhaar Card, PAN Card etc.

Recent bank statement (last 3 & 6 months).

For salaried persons, pay slip and Form 16.

For self-employed applicants, business balance sheets and tax records.

Eligibility for IDBI Bank Personal Loan:

To avail IDBI Personal Loan 2024, Candidate must fulfil certain criteria:

For Salaried Persons:

Employed in a recognized company.

Have an active corporate bank account.

Age between 21 to 60 years.

Minimum monthly salary Rs.12,000.

For business owners:

Maintain an active account with IDBI Bank.

Age between 21 to 60 years.

Maintain an annual business profit of Rs.3.6 lakh.

For Pensioners:

Maintain a pension account with IDBI Bank.

Age not more than 75 years.

Annual income of Rs.3.6 lakh.

IDBI Bank Personal Loan Features

IDBI Bank Personal Loan offers many features, including:

Loans range from Rs.25,000 to Rs.5,00,000.

Top-up loan option on existing loan.

Flexible tenure from 12 to 60 months.

Interest rates starting at 11%, subject to CIBIL score.

Processing fee 1% or a maximum of ₹2500 per loan application.

Types of IDBI Bank Loans:

IDBI Bank extends personal loan options to both salaried individuals & businessmen:

Salaried Candidate: personal Loans for salaried account holders with fixed employment.

personal Loan amount from Rs.25,000 to Rs.5,00,000.

Repayment tenure ranging from 1 to 5 years.

Income limit

The annual income of the parents of the candidates should not exceed ₹ 3,50,000 as determined for the NMMS examination. A certified copy of the annual income statement of the parent must be attached with the application form of the student. (Example of official authorized by Govt should be attached)

Examination Fee

▪️  The examination fee for general category EWS and OBC category students will be Rs 70 Examination fee.

▪️  for Physically Handicapped, Scheduled Caste and Scheduled Tribe students will be Rs.50.

▪️  Service charge has to be paid separately Fee paid will not be refundable The examination fee has to be paid through online mode

Scholarship amount and payment rules

1000 rupees per month and ₹12,000 per annum per annum for four years to the meritorious students in the district-wise category-wise fixed quota after examination.

Scholarships will be available to eligible students. (Total quota of the state is 5097 students).

▪️  12000 rupees assistance in class 9th.

▪️  12 thousand rupees assistance in class 10th.

12000 rupees assistance in class 11th. And

▪️  12 thousand rupees assistance in class 12.

▪️  The total assistance will be Rs 48 thousand for four years.

Apply like this

▪️  Beneficiary students have to apply online to get the scholarship under this scheme To apply online first go to the official website http://www.sebexam.org/

▪️  The entire form has to be filled in English Go to the official website and click on Apply Online.

▪️  Click on Apply Now against National Means Cum Merit Scholarship Scheme Class VIII.

▪️  An application form will open in front of you in which fill all the correct information shown.

▪️  In which it is mandatory to write the name of the student only and only according to the Aadhaar card, write the Aadhaar number and upload the Aadhaar card. Apart from this, the details of the student have to be filled on the basis of U – DISE NUMBER.

▪️  DISE NUMBER of the school has to be entered for the school details.

▪️  Now by clicking on submit your data will be saved here application number will be generated which has to be saved.

▪️  Candidates belonging to Scheduled Castes, Scheduled Tribes and Physical Handicap category are required to upload the certificate number, date and income statement as well as a copy of the certificate in the form on the website.

▪️  Now click on upload photo signature at the top of the page.

▪️  Here type your application number and your date of birth then click on submit.

▪️  Photo and signature are to be uploaded here.

▪️  Finally clicking on confirm will submit your application.

▪️  Now click on Print Application and Fee Challan.

▪️  Pay the fee online.

▪️  Your application will be accepted only after paying the fee.

▪️  By following the above steps your application will be submitted online

Important date

Online Application Starting Date : 20 February 2024

Important link

Official Notification : Click here

Apply Online : Click here

Frequently Asked Questions

▪️  Who can give NMMS exam?

Students of class 8

▪️  How much total assistance is available under the NMMS Scholarship?

48 thousand rupees (12000 per annum)

▪️  What is the last date to apply online for NMMS scholarship?

28 February 2024

▪️  What is the official website to apply for NMMS scholarship online?

www.sebexam.org