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Central Sector Interest Subsidy Scheme (CSIS)

Brief Description:

Central Sector Interest Subsidy Scheme (CSIS) is a government scheme that provides interest subsidy to students from economically weaker sections (EWS) who take education loans to pursue technical/professional courses in India. The scheme is being implemented by the Ministry of Education, Government of India.


The applicants must follow the below eligibility criteria:

  • Applicants must be Indian citizens.
  • Students must belong to the EWS category.
  • Applicants must be pursuing a technical/professional course from NAAC/NBA-accredited/Institutions of National Importance or Central Funded Technical Institutions (CFTIs) in India.
  • Applicants must have an annual parental income of up to INR 4,50,000.


Under this scheme, the students can avail a maximum subsidy loan of INR 10,00,000 irrespective of the sanctioned loan amount (within the parameters IBA model education loan scheme.

This subsidy will be provided for a moratorium period of one year, after completion of the course. After the completion of the moratorium period, the interest on the outstanding loan amount shall be paid by the students in accordance with the education loan scheme provisions.


  • Students can only get the interest subsidy once, for either an undergraduate (UG) degree or a postgraduate (PG) degree/diploma in India. However, it is also available for integrated courses.
  • Students who discontinue their course midstream or are expelled from the institution will not be eligible for interest subsidy under this scheme. However, students who discontinue their course due to medical grounds will be eligible for interest subsidy if they can provide the necessary documentation to the satisfaction of the Head of Institution (HoI).


  • Identity proof such as Aadhaar card, PAN card, etc.
  • Income certificate issued by Village Tehsildar, District Magistrate, Collector, Revenue Circle Officer, Sub-Divisional Magistrate or other relevant authorities
  • Admission letter from the institute where the student is enrolled

Apply Here:

Students are required to reach out to one of the scheduled banks to fill the application for the Central Sector Interest Subsidy Scheme (CSIS). Then, the bank will forward the application to the Ministry of Education for consideration.

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