The Arivu Education Loan Scheme is here to help students from Karnataka’s minority communities get affordable loans for professional courses. Run by the Karnataka Minorities Development Corporation (KMDC), it offers loans at a low 2% annual interest rate. If you belong to a religious minority community in Karnataka and want to study degrees like MBBS, BDS, B.Tech, or similar courses, this loan can support your education plans. Let me walk you through the important details like eligibility, how to apply, loan amounts, and more.
Overview of the Arivu Education Loan Scheme 2025
The Arivu Education Loan Scheme is a program started by KMDC to financially support students from minority communities in Karnataka. This includes Muslims, Christians, Sikhs, Buddhists, Jains, and Parsis who live in the state. The loan helps those admitted through the Karnataka Examination Authority via exams like CET or NEET into professional courses. The loan amount is sent directly to the college’s bank account through Direct Benefit Transfer (DBT), making fee payment stress-free.
Main Highlights of the Arivu Education Loan Scheme
| Scheme Name | Arivu Education Loan Scheme |
| Launched By | Karnataka Minorities Development Corporation Limited (KMDC) |
| State | Karnataka |
| Loan Amount | Rs. 50,000 to Rs. 3,00,000 per year |
| Purpose | To provide educational loans for professional courses |
| Application Mode | Online and Offline |
| Official Website | https://kmdc.karnataka.gov.in/en |
Main Benefits of the Arivu Education Loan Scheme
- Get up to Rs. 3 lakh per year to support your higher education in Karnataka.
- Very low-interest rate at just 2% per year on the loan amount.
- Start paying back the loan one year after you complete your degree.
- To renew the loan each year, visit your district KMDC office and pay 12% of the previous loan amount.
Who Can Apply? Eligibility Criteria
- You should be a permanent resident of Karnataka.
- You must belong to a minority religious community such as Muslim, Christian, Jain, Sikh, Buddhist, or Parsi.
- Your family income should be less than Rs. 2.5 lakhs per year from all sources.
- You need to have admission in professional courses approved by CET or NEET.
Documents Needed for Application
- 4 Passport size photos
- SSLC and 2nd PUC Mark Sheets
- Proof of Address (ration card, Aadhaar, water bill, etc.)
- Income Certificate
- Caste or Minority Community Certificate
- Admission Tickets for CET/NEET exams
- Study Certificate (for Non-CET courses)
- Previous year’s marks card (for Non-CET students)
- Indemnity Bond
- Partial Recovery Receipt (for loan renewals)
- College Fee Structure and Bank Details
Which Courses Are Eligible for Arivu Education Loan?
| MBBS | MBA | B.Tech |
| MD | MCA | BE |
| ME | M. Arch | BDS |
| MS | MAyush | B. Arch |
| MTech | MPharma | LLB |
| MDS | BAyush | Pharma D |
| BPharma | DPharma | BSc (Horticulture, Agriculture, Dairy Tech, Forestry, Veterinary, Fisheries, Sericulture, Animal Science, Food Tech, Biotechnology, Home/Community Sciences, Food Nutrition & Dietetics) |
Loan Limits and Interest Rates
| Course | Loan Limit (per year) |
|---|---|
| MBBS, MD, MS | Up to Rs. 3 lakh |
| BDS, MDS | Up to Rs. 1 lakh |
| MBA, MCA, LLB | Up to Rs. 50,000 |
| B.Arch, BE, B.Tech, M.Tech, ME, M.Arch | Up to Rs. 50,000 |
| BPharma, MPharma, Pharma D, DPharma | Up to Rs. 50,000 |
| BSc (the listed science courses) | Up to Rs. 50,000 |
| BAyush, MAyush | Up to Rs. 50,000 |
How to Apply for Arivu Education Loan Scheme 2025?
- Go to the KMDC official website.
- On the homepage, click on ‘Apply Online’ under ‘Loan/subsidy for minorities’.
- Enter your mobile number and Aadhaar number, then submit.
- You will get an OTP on your mobile; enter it to verify.
- Once verified, choose the Arivu Education Loan option.
- Fill out the application form with your personal, academic, income, and address details.
- Upload the needed documents as listed above.
- Double-check all your details before submitting the form.
- Submit your application to finish the process.
Need Help or Have Questions?
If you want more information or have any problems related to the Arivu Education Loan Scheme, you can contact KMDC directly:
Phone: 8277799990
Email: mwdhelpline@karnataka.gov.in