The 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 nationalised banks.
Skill loans for skilled based educational courses covered under Pradhan Mantri Kaushal Rin Yojana are offered by Bank of India on merit.
The scheme launched by Government 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 `5000 to `1,50,000 and is offered at concessional rates with special benefit for girl students.
Speaking about the scheme, 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.”