About the Scheme
Buddy4Study-Propelld Domestic Education Loan Programme is a joint initiative of Buddy4Study and Propelld to provide financial backing to deserving students who are pursuing or are willing to pursue higher education in India. Under this programme, the students will be offered education loan amount up to INR 10 lakh to pursue their undergraduate and postgraduate studies in India. Source: Buddy4Study and Propelld
At a Glance
At a GlancePrivate / Corporate scheme for the 2026 academic year. Partially funded; applications are online only.
- Loan
- Undergraduate
- Postgraduate
Eligibility Criteria
Students should be studying in or applying to undergraduate and postgraduate programs in India in the current academic year 2023-24. Students should have secured at least 60% marks in Class 10, Class 12 and Bachelor’s courses. Applicants should be studying in universities and colleges accredited by NAAC. (Note: All NIRF ranked colleges and universities not yet accredited by NAAC are also eligible. Additionally, UGC/AICTE approved colleges and universities which are not in NAAC accredited list or NIRF rank list and are present in reputed ranking lists such as Times, India Today are also eligible.). The paying party for the applicant should be able to take the loan and should not be greater than 60 years of age at the time of loan maturity and the minimum age of the paying party is 21 years. Applicant (Parent/Student) needs to either be a New-To-Credit person or should have a good credit history. Students and their families should be permanent citizens of India.
Admissions & Course Track
Post-Matric (Class 11–12), Pre-Matric (Secondary), Professional courses and Undergraduate students in Class 10, 12 at AICTE-approved and UGC-recognised institutions studying Engineering & Technology and Social Sciences & Humanities.
Nationality
Open to Indian nationals.
Academic Standing
Minimum 60% aggregate marks in the qualifying examination.
Award Benefits & Structure
The award is paid monthly.
Loan amount ranging from INR 50,000 To INR 10 Lakh per month
Monthly payment, partially funded.
Mandatory Document Checklist
Keep clear scanned copies of these ready before you begin your application.
- Essential
Aadhaar Card
The applicant's own Aadhaar card.
- Essential
Income Certificate
Issued by the competent revenue authority (Tehsildar / SDO).
- Essential
Marksheets
Marksheets of the qualifying examinations, validating merit.
Selection Procedure & Key Timeline
Application Registration Opens
The online application opens.
Application Deadline
(Active)Last day to submit your application and supporting documents.
How to Apply
Applications for this scheme are online. Follow these steps in order.
Check Eligibility
Review all eligibility criteria, required documents, and deadline to ensure you qualify.
Register or Sign In
Click the 'Apply Now' button to log in to your GetScholify account, or sign up if you are a new student.
Fill Application Details
Enter your personal, educational, and family income details accurately in the online application form.
Upload Required Documents
Upload clear scanned copies of all required documents (identity proof, academic transcripts, income certificate, etc.).
Review & Submit
Verify all details entered, accept declarations, and submit your application before the deadline.
Frequently Asked Questions
The Buddy4Study-Propelld Domestic Education Loan Programme is a private / corporate scholarship offered by Buddy4Study-Propelld Domestic Education Loan Programme for the 2026 academic year. Undergraduate and postgraduate students
Students should be studying in or applying to undergraduate and postgraduate programs in India in the current academic year 2023-24. Students should have secured at least 60% marks in Class 10, Class 12 and Bachelor’s courses. Applicants should be studying in universities and colleges accredited by NAAC. (Note: All NIRF ranked colleges and universities not yet accredited by NAAC are also eligible. Additionally, UGC/AICTE approved colleges and universities which are not in NAAC accredited list or NIRF rank list and are present in reputed ranking lists such as Times, India Today are also eligible.). The paying party for the applicant should be able to take the loan and should not be greater than 60 years of age at the time of loan maturity and the minimum age of the paying party is 21 years. Applicant (Parent/Student) needs to either be a New-To-Credit person or should have a good credit history. Students and their families should be permanent citizens of India.
The award is Loan amount ranging from INR 50,000 To INR 10 Lakh per month. It is partially funded.
Applications open on 21 August 2023. The last date to apply is 31 December 2026.
You need Aadhaar Card, Income Certificate and Marksheets.
Applications are online. 1. Check Eligibility. 2. Register or Sign In. 3. Fill Application Details. 4. Upload Required Documents. 5. Review & Submit.
