The process usually begins after a candidate has secured admission to a recognized university. Along with the admission papers, you must approach the bank of your choice, which is a member of IBA, and request the application to process under the Padho Pardesh Scheme. The bank’s education loan scheme must follow IBA’s model education loan scheme – and this is something you should confirm with your bank when you apply.
(NOTE: Education loans from NBFCs (non-bank finance companies) are not eligible for this or any of the government schemes mentioned in this article). After filling the loan documents and attaching required documents, the form is sent to the respective department of Minority of Minority affairs for processing