₹5 Lakh Government Scheme for 10th Pass Students – Full Guide (2025)
Are you a 10th-pass student in India looking for financial help to continue your education or start a business? The Indian government, through central and state-level programs, offers several schemes that provide up to ₹5 lakh in financial aid, especially aimed at youth from economically weaker sections, SC/ST categories, and minority communities.
This article explains the available government schemes for students with a 10th mark card, including eligibility criteria, how to apply, required documents, and real official websites to access these benefits.
Is There Really a ₹5 Lakh Scheme for 10th Pass Students?
Yes, there are multiple legitimate government schemes offering financial aid or subsidies worth up to ₹5 lakh or more to students and aspiring entrepreneurs who have passed 10th standard. However, no scheme directly deposits ₹5 lakh into your bank account without verification or purpose. The financial assistance comes in forms like:
- Business capital subsidies (e.g., PMEGP)
- Skill training grants
- Education loans with interest subsidy
- Self-employment support
- Startup seed funding for SC/ST/OBC youth
Verified High-Value Schemes Include:
- PMEGP – Prime Minister’s Employment Generation Programme
- Stand-Up India Scheme
- SC/ST Development Corporation Business Loan
- State Self-Employment Schemes (e.g., Yuva Nidhi, Udyami Yojana)
- NSDC Skill India Training & Job Linkage
1. PMEGP – Prime Minister’s Employment Generation Programme
What It Offers:
- Up to ₹5–10 lakhs for service businesses
- Up to ₹25 lakhs for manufacturing units
- 15% to 35% subsidy (depending on region and category)
- Only 10th pass needed for application
Eligibility:
- Age: 18 years and above
- Qualification: Minimum 10th class pass
- New projects only (no existing businesses)
- Available for SC/ST/OBC/General/Minority/Women
Application Process:
- Visit the official PMEGP portal: https://www.kviconline.gov.in/pmegpeportal/
- Register using Aadhaar and mobile number
- Fill in the online application form with project details
- Upload necessary documents including 10th mark card, Aadhaar, bank passbook, and photo
- Submit and track status online
2. State-Specific Self-Employment & Education Schemes
Many state governments provide ₹1–₹5 lakh assistance through their SC/ST or Minority Development Corporations.
A. Karnataka SC/ST Venture Capital Scheme
- Up to ₹5 lakh subsidy for SC/ST youth for small businesses
- Must be 10th pass and aged 18–45
- Apply via Karnataka SC/ST Development Corporation
B. Maharashtra Rajarshi Shahu Education Loan Scheme
- Interest-free loan up to ₹5 lakhs for higher education
- Valid for 10th pass students from backward classes
C. Uttar Pradesh CM Yuva Swarozgar Yojana
- Up to ₹5 lakh financial assistance to unemployed youth
- For self-employment or micro-entrepreneurship
D. Bihar Mukhyamantri Udyami Yojana
- ₹10 lakh (₹5 lakh grant + ₹5 lakh loan) for SC/ST/Women
- Must have passed 10th and be aged 18–50
How to Apply:
- Visit your respective state government portals or SC/ST/Backward Class Corporation websites
- Fill application form online or visit your district office
3. NSDC Skill Development Schemes
The National Skill Development Corporation (NSDC) runs schemes where:
- 10th pass youth can join certified skill training programs
- Many courses are free under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
- Post training, placement assistance or support to start your venture is provided
Popular skill courses:
- Electrician
- Mobile repairing
- Healthcare assistant
- Beauty and wellness
- Retail operations
Website:
4. Stand-Up India Scheme
While not limited to 10th pass, this scheme provides up to ₹10 lakh to ₹1 crore for starting a business. Women and SC/ST entrepreneurs are eligible.
- Can be used with 10th qualification if you have a solid business plan
- No need for collateral if bank accepts the project
- Apply via bank branches or the Stand-Up India portal
Website: https://www.standupmitra.in
Apply now
While this article is informational, the following search terms are organically used:
- Government scheme for students after 10th
- ₹5 lakh loan scheme for business
- Self-employment subsidy for youth
- Apply online for PMEGP 2025
- 10th pass government loan benefits
- Business startup grant in India
- Skill development loan for students
- Women entrepreneur subsidy scheme
- SC/ST loan without collateral
- State-wise self-employment programs
General Eligibility Criteria Across Schemes:
| Criteria | Details |
|---|---|
| Education | Minimum 10th pass from a recognized board |
| Age | Typically 18–35 years (some schemes allow up to 50) |
| Citizenship | Must be an Indian national |
| Caste/Category | SC/ST/OBC/Minority/Women (depending on the scheme) |
| Income Limit | BPL or low-income families for some schemes |
| Purpose | Higher education, business setup, or skill development |
Documents Required (Common Across Schemes)
| Document | Purpose |
|---|---|
| 10th Mark Card | Basic eligibility proof |
| Aadhaar Card | ID and authentication |
| Caste Certificate (if any) | Required for category-based schemes |
| Income Certificate | To prove economic status |
| Bank Passbook | Fund transfer and account verification |
| Passport Size Photos | Application form |
| Residential Proof | Utility bills, voter ID, etc. |
Where to Apply for These Schemes?
You can apply online through:
- PMEGP Portal: For business subsidy support
- State Government Sites: For SC/ST, Minority schemes
- E.g., Karnataka SC/ST Development Corp, Bihar Udyami Portal
- NSDC India: For skill training programs
- Common Service Centres (CSC): For assisted applications
- District Industry Centres (DIC): Offline project registration and help
Real-Life Examples
- Sumanth from Karnataka, aged 19, used the PMEGP scheme to start a mobile repair shop with ₹2 lakh assistance.
- Kavitha from Bihar, a 10th pass girl, started a tailoring unit under Mukhyamantri Udyami Yojana.
- Rafiq from Maharashtra applied for a subsidy under the Rajarshi Shahu loan program and is now pursuing a diploma course.
Important Tips Before Applying:
- Prepare a small business plan if applying for business subsidy
- Contact your local District Skill Centre for real-time updates
- Always keep a backup of your uploaded documents
- Never pay any money to unofficial agents – all government schemes are free
While there is no single pan-India scheme that gives a ₹5 lakh deposit only based on a 10th mark card, there are multiple real and powerful government programs that offer grants, loans, and subsidies up to ₹5 lakh to eligible candidates for higher education, self-employment, and skill development.
If you are a student, unemployed youth, or aspiring entrepreneur with just a 10th pass qualification, you have access to a range of central and state government schemes designed to help you build your future.
Act now. Use your 10th mark card as a stepping stone to unlock real government benefits.