The candidate must have obtained at least 70% marks in last examination (Domestic- loans for study in India) and 75% marks in last examination (Abroad- loans for study outside India) The age of the candidate must be within 16 to 32 years as on 1st January of the year of the application. Annual family Income should be upto Rs. 1,20,000 for Urban and Rs. 98,000 for Rural areas.