Skill Loans will be given to meritorious students under the Pradhan Mantri Kaushal Rin Yojna
Kohinoor Technical Institute (KTI) conducts various skilled based courses which are covered under National Skill Development Corporation. Education loans to the meritorious students pursuing skilled based education under Pradhan Mantri Kaushal Rin Yojana are available from Nationalized Banks. Skill loans for skilled based educational courses covered under Pradhan Mantri Kaushal Rin Yojana are offered by Bank of India on merit.
The Skill Loan Scheme launched by Government of India aims at providing a loan facility to students who intend to take up skill development courses as per the Skilling Loan Eligibility Criteria.
KTI is partnered with National Skill Development Corporation of India (NSDC) and affiliated to various Sector Skill Councils like Automotive Skills Development Council (ASDC), Indian Plumbing Skills Council (IPSC), Retailers Associations Skill Council of India (RASCI), Telecom Sector Skill Council (TSSC), Capital Goods Skill Council (CGSC) and Construction Skill Development Council of India (CSDC) for meeting the skilled manpower requirements from industry.
Interested students in skill training can secure admission in any course run by KTI. The scheme doesn’t have minimum course duration, and is applicable to all courses aligned to the National Skill Qualification Framework (NSQF). The loans will range from INR 5000 to INR 1,50,000 and is offered at concessional rates with special benefit for girl students.
Sameer Joshi, CEO & Director of KTI said “Students with no financial support can avail Skill Loans for such vocational courses from Bank of India under Pradhan Mantri Kaushal Rin Yojana. The awareness has increased for vocational education in India in recent times and there is a tremendous skilled manpower requirement from the industry. As a result there had been an increased demand for imparting quality training to the aspirants”
Bank of India has been given the status of Accredited Banker for The Ministry of Skill Development and Entrepreneurship by Government of India.
About Kohinoor Technical Institute (KTI):
Established in 1967, Kohinoor Technical Institute (KTI) is a pioneer in vocational training for technical courses. KTI has a vision to empower the young workforce of India by imparting skills that are Government Approved and Industry Ready. KTI does this by imparting quality technical education that is focused on employment. Founded by the Honourable Dr. Manohar Joshi, KTI started with a single centre at Dadar in Mumbai, and has now grown into a national network of over 75 centres across 6 Indian states.