You should be a citizen of India and must belong to EBC/OBC.
For OBC candidates, total family income shall not exceed Rs.3 lakh per annum.
For EBC candidates, the family income shall not cross Rs. 1 lakh mark per annum.
You must have certificate/proof of belonging to EBC/OBC.
You should have availed loan from a scheduled bank under the Educational Loan Scheme of the Indian Bank Association (IBA) for the purpose.