What is a Skill Loan?

  • A skill loan is a kind of loan available for you to develop a professional skill you may be interested in.

  • You can utilise the funds from the loan to learn a skill.

  • Thus, you can then monetise your skill to earn more income and also provide a means for you to be able to repay the loan on time.

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    Where can you apply for skill  loans?

  • There are various schemes that offer skill loans in India.

  • You can check their web portals and apply for skill loans.

  • Notable portals are Vidya Kaushal Portal and Pradhan Mantri Kaushal Rinn Yojana (PMKRY).

 

Let us find out about the Vidya Kaushal Portal!

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