Pradhan Mantri Kaushal Rinn Yojana
(Skill Loan scheme) is a special skill loan offered to students who want to apply for skill development courses offered by institutions affiliated with the NSDC (National Skill Development Corporation).
The loan amount is between ₹5000 and ₹1,50,000, given with no collateral.The loan must be repaid between 3-7 years, and the repayment for the loan begins after the moratorium period.
It provides a degree/certificate as per the National Skill Qualification Framework (NSQF).

Example:
Some skills covered under this scheme are Polytechnic, ITI, Telecom and Construction.
Students can avail this scheme through Vidya Lakshmi Portal.