Director General Medical Education & Research, Haryana, Panchkula

4th Floor, DHL Square, Plot No. 9, IT Park, Sector-22, Panchkula, Haryana-134112
Ph. No. 0172-2584633, 2560799 email: dmer-hry@nic.in Website: https://dmer.haryana.gov.in

Public Notice

Implementation of policy regarding incentivizing Doctors to opt for Government Service after
completing MBBS Degree Courses under Notification No. 16/17/2019-6HBIV dated 6.11.2020
and other various policies under Department of Medical Education and Research, Haryana-
KIND ATTENTION OF ALL BANKS
*****
Government of Haryana has notified the regarding Incentivizing Doctors to opt for
Haryana Government Medical Service in any Public Health Institution or Government Medical College
to strengthen the medical facilities in the State and revise the fee structure for MBBS Course from
Academic Session 2020-2021 in various Government Medical Colleges in the State of Haryana on 06-
11-2020.
Each candidate selected for MBBS degree course, at the time of admission shall have to
execute an annual bond for an amount of candidate. This bond for an amount of Rs. 10,00,000/- (Rs.
Ten Lakh Only) minus annual fee paid by the candidate. This bond shall be paid at the start of every
academic year. The candidate shall continue to pay the bond till term of the MBBS degree i.e. 4 ½
years.
Finance Department, Haryana vide sanction letter No. IFCC/2020/FD/303 dated
8/6/2021 has issued the “Customized Education Loan Scheme for the residents of Haryana-Guaranteed
by Govt. of Haryana” and IDBI Bank as per their offering rate of interest 6.90% p.a. (i.e. RLLR+0%)
on loans for studying in premier Institutes for providing Education loan under Credit Guarantee for
Education Loan Scheme, which is the lowest rate of interest offered by the Bank in accordance with the
scheme as per F.D notification No. IFCC/Actt/2020/1796 dated 20.11.2020.

All banks are open to either to match the rate of interest offered by IDBI or offer a
lower rate than that offered by IDBI Bank, in which case the bank offering the lowest rate of
interest will be preferred. Those banks who are interested to give education loan to take admission
for MBBS degree course in Govt. Medical Institutions in the State of Haryana as per Govt. notification
dated 06.11.2020 and Haryana Education Credit Guarantee Scheme dated 20.11.2020 (All Notifications
can be downloaded from website of the Department https://dmer.haryana.gov.in ) may send their
proposal through email/special messenger latest by 11/10/2022.

Director
Medical Education & Research,
Haryana, Panchkula
 Haryana Government Gazette
EXTRAORDINARY
Published by Authority
© Govt. of Haryana
No. 167-2020/Ext.] CHANDIGARH, FRIDAY, NOVEMBER 6, 2020 (KARTIKA 15, 1942 SAKA)
HARYANA GOVERNMENT
MEDICAL EDUCATION AND RESEARCH DEPARTMENT
Notification
The 6th November, 2020
No. 16/17/2019-6HBIV.—
Subject: The Policy regarding Incentivizing Doctors to opt for Government Service after completing
MBBS Degree Course and revising the fee structure in Government Medical Colleges for
MBBS/PG Course 2020-21.
*******
1. Government of Haryana is pleased to notify the policy regarding Incentivizing Doctors to opt for Haryana
Government Medical Service in any Public Health Institution or Government Medical College to strengthen the
medical facilities in the State and revise the fee structure for MBBS/PG Course for Academic Session 2020-
2021.
“Public Health Institutions” shall include all Civil Hospitals, Community Health Centers, Primary
Health Centers etc. or any other Health Institutions by whatsoever name and established by the State
Government.
“Government Medical Colleges” shall include Colleges/Institutions imparting Medical Education
owned and established by State Government.
“Candidate” shall mean the student admitted to MBBS degree course in the Government Medical
Colleges.
2. This policy is not applicable to NRI candidates.
3. This Policy shall be applicable for admission to MBBS degree course-with effect from academic session 2020-
21, in various Government Medical Colleges in the State of Haryana.
4. Each candidate selected for MBBS degree course, at the time of admission shall have to execute an annual bond
for an amount of Rs.10,00,000/- (Rs. Ten Lakh only) minus annual fee paid by the candidate. This bond shall
be paid at the start of every academic year. The candidate shall continue to pay the bond till term of the MBBS
degree i.e. 4 ½ years.
At the time of admission to MBBS degree course, each candidate may exercise either Option (A) or
Option (B) as mentioned below :-
Option (A) The candidate can opt for Option (A) wherein, the State Government of Haryana will facilitate
him/her for availing an education loan from a scheduled bank or any other
Financial Institution as specified by State Government.
OR
Option (B) The candidate can pay the entire bond amount plus annual fees himself/herself without recourse
to the loan on lumpsum/ annual basis.
(2425)
2426 HARYANA GOVT. GAZ. (EXTRA.), NOV. 6, 2020 (KRTK. 15, 1942 SAKA)

5. In case the candidate obtains employment with the State Government after graduation (including internship)
then the State Government shall repay the annual installments of the loan (both principal and interest) till the
time he/she is serving in the Public Health Institutions of Government of Haryana. This shall be in addition to
the salary and other allowances due to the Government Employees serving in Public Health Institution or
Government Medical College.
6. The State Government shall keep on repaying the loan (Annual installment) of the MBBS graduate till the time
he/she continues to serve in any Government Public Health Institution or Government Medical College or for a
period of 07 years or loan is repaid, whichever is earlier.
Every candidate taking admission in MBBS degree course for the year 2020 in Government Medical Colleges
shall pay an annual fee as below :
Sr. No. Course Proposed fee annually with 10% Increase every year.
1. MBBS 1st Year – Rs. 80,000/-
2nd Year – Rs. 88,000/-
3rd Year – Rs. 96,800/-
4th Year - Rs. 1,06,480/-
Total Course Fee Rs. 3,71,280/-
Accordingly, the Bond tentative amount to be paid by the candidate for the entire course (Year wise) as below
:
Sr. No. MBBS Degree Course Fees. Loan Amount.
1. 1st Year 80,000/- 9,20,000/-
2. 2nd Year 88,000/- 9,12,000/-
3. 3rd Year 96,800/- 9,03,200/-
4. 4th Year 1,06,480/- 8,93,520/-
Total. 3,71,280/- 36,28,720/-
(* above is only illustrative in nature)
7. In case a candidate avails ‘Option (A)’ as mentioned in Sr. No. 4 above; the bond amount shall be in the shape
of an education loan from a Scheduled Bank/Financial Institutions for which repayment shall commence after
the moratorium period of education i.e. period of education plus one year thereafter. The tenure of the loan will
be 07 years after the moratorium period.
8. In case after completion of the MBBS course, candidate does not join Govt. Service in Public Health Institution
or Government Medical College, then repayment of the loan installments (including principal and interest) will
be sole responsibility of the candidate.
9. This policy does not make it mandatory/obligatory for the State Government to provide employment to the
MBBS graduate. The candidate shall have to go through the proper/prescribed procedure in terms of the
applicable rules to obtain employment in the State Medical Services.
10. The Government may at a later stage, introduce a Credit Guarantee Scheme for loan obtained for Medical
Education in Govt. Medical Colleges to facilitate the candidate’s ability to obtain the education loan for the
bond amount.
11. In case, if candidate leaves the Government job after serving ‘x’ years e.g. (x<7 years), any loan installment
repayment (including principal and interest) from the date after the candidate leaves Government service will
not be done by Government and the candidate shall be wholly and solely responsible for the repayment of the
loan installments thereafter.
12. The bond amount received by Government annually from the admitted students shall be deposited in the
Haryana State Medical Education Trust to be set up in Directorate of Medical Education and Research
Department to be utilized for loan installments repayments after graduation of the Students wherein required
and for other purposes as approved by Govt. from time to time.
 HARYANA GOVT. GAZ. (EXTRA.), NOV. 6, 2020 (KRTK. 15, 1942 SAKA) 2427

13. Where the candidate exercises the Option (B) of serial no.5 of this Notification then he/she shall pay the bond
amount i.e. Rs. 10 lakh per annum minus annual fee charged for a period of 4½ years to the Haryana State
Medical Education Trust to be set up in the Directorate of Medical Education & Research Haryana.
Further, the candidate also has the choice to switch/shift to the Option (A) at the beginning of any of the
academic year of the course with prior permission of the Government of Haryana.
14. The bond amount shall be kept in separate dedicated account in the form of Corpus which shall be maintained
by the Haryana State Medical Education & Research Trust to be set up in Directorate of Medical Education &
Research Department. The annual fee shall be deposited in the concerned Govt. Medical Colleges and the bond
amount shall be deposited in the above mentioned separate dedicated account maintained by the Haryana State
Medical Education Trust. The funds maintained in the Corpus shall be utilized for repayment of loan
installments of graduates who have obtained Government service in Public Health Institution as required and
for various activities related to development of Medical Education and Research in the State. The fund may be
utilized for improvement of Infrastructure/Equipment/Teaching facilities in Government Medical Colleges.
15. Policy for the candidate wishing to join PG Course after completion of MBBS courses for which bond amount
in the form of education loan has been given or during in service in Public Health Institution during the
repayment period of education loan shall be notified later.
16. The candidate after completing MBBS course and before starting the Government Service will get themselves
registered with the Haryana State Medical Council.
Fee Structure of the Government Medical colleges for the academic year 2020-21 shall be as under :-

Sr. No. Course Fee

1 MBBS Rs. 80,000/- annually with 10% increase every year.

2. MBBS 1,25,000 US Dollars (for the entire course)

(NRI)
3. PG Rs.1.25 lakh (1st year)
Courses Rs.1.50 lakh (2nd year)
Rs.1.75 lakh (3rd year)
* Note – The fee structure of PG Courses shall be applicable w.e.f.
academic year 2021-22.
17. The State Government reserves the right to add/delete any clause in the policy as per the requirement from
time to time.
18. This notification is being issued in supersession of all other notifications and policies pertaining to the matter
covered by this notification.

ALOK NIGAM,
Additional Chief Secretary to Government Haryana,
Medical Education & Research Department.

8964—C.S.—H.G.P., Pkl.
 Haryana Government Gazette
EXTRAORDINARY
Published by Authority
© Govt. of Haryana
No. 174–2020/Ext.] CHANDIGARH, FRIDAY, NOVEMBER 20, 2020 (KARTIKA 29, 1942 SAKA)
HARYANA GOVERNMENT
FINANCE DEPARTMENT
Notification
The 20th November, 2020
No. IFCC/Acctt/2020/1796.—
Higher Education Credit Guarantee Scheme
*******
1. Title and date of commencement
(i) The scheme shall be known as the Higher Education Credit Guarantee Scheme.
(ii) It shall come into force from the date of issuance of this notification.
2. Definitions:
(i) “Repo Rate” for a Member Lending Institution means the rate so declared by Reserve Bank of India
(RBI) from time to time and followed by the Member Lending Institutions/ Banks
(ii) “Collateral Security” means the security provided in addition to personal obligation of borrower/
co–borrower.
(iii) “Education Loan” means any financial assistance by way of loan, extended by the lending
institutions to the eligible borrower for higher education.
(iv) “Fund” means the Higher Education Credit Guarantee Fund for education loan established by Govt.
of Haryana with the purpose of Guaranteing the payment against default in education loans, extended
by the Member Lending Institutions(MLIs) to the eligible borrowers.
(v) “Member Lending Institutions” means all public sector banks, Private sector banks and Foreign
banks which are member of Indian Bank‘s Association(IBA) and has subscribed to the said facility
extended by the State of Haryana by agreeing to the terms and conditions of this notification.
(vi) “Non-Performing Assets” means an asset classified as a non- performing based on the instructions
and guidelines issued by the Reserve Bank of India from time to time.
3. Objective of the Scheme
The main objective of the scheme is to enable the students belonging to the State of Haryana
intending to pursue Higher education having passed 12th class from institutions recognised by the
Government of Haryana but unable to pursue higher education due to lack of collateral security. Such
students would be provided an opportunity to study under the umbrella of this Scheme. Under the scheme,
the State Government guarantee will be provided against a Higher Education Credit Guarantee Fund which
will be created for loan under various categories for education so that students of Haryana State need not to
provide for any collateral. The main aim of the scheme is to ensure that the students are not denied the
opportunity of higher studies in professional and other institutes due to lack of collateral security. Under the
(2662)
 HARYANA GOVT. GAZ. (EXTRA.), NOV. 20, 2020 (KRTK. 29, 1942 SAKA) 2663
scheme, a Bank or Member Lending Institution can avail the benefit by paying nominal fees in case of
default/NPA.
4. Salient features of credit Guarantee fund
The scheme envisages creation of the corpus called the ―Higher Education Credit Guarantee Fund‖.
(a) For availing the benefit of Fund, the Member Lending Institution (MLI)/Banks shall pay the annual
guarantee fee at the rate of 0.3% of total outstanding loan amount against their respective
borrowers. Such fees is to be provided on annual basis and the same shall be non-refundable. The
amount of annual guarantee fee shall be recoverable from the students.
(b) The Interest charged by the Member Lending Institutions for education loan shall not exceed a
maximum of up to 2% over and above the repo rate declared by RBI from time to time. However, this
may be revised by the competent authority keeping in view the circumstances later on.
(c) This fund will be utilised in case of default by the beneficiary in repayment of loan upto 100% of the
principal amount alongwith interest for the Govt. medical colleges of state of Haryana irrespective of
accreditation status, 90% of the Principal amount along with interest for the admission to an
institution which has at least ‗A‘ grading or higher in NAAC ranking and 75% of the Principal
amount of loan alongwith interest in case of the admission to an institution with ‗B‘ and ‗C‘ grading
and 50% of the principal amount of loan with interest for admission to an institution with D category.
For the balance amount, Banks/Member lending Institution shall recover the same from the borrower.
(d) The Government will provide guarantee for education loans provided by the Member Lending
Institutions(MLI) to meet expenses on account of tuition fees, hostel charges, bond amount,
examination/library/laboratory fees and deposit to the educational institution of any kind. However, in
case of Medical Institutions the maximum amount that can be financed by Banks/MLI is upto
Rs.50.00 lakh (for Government Medical Colleges of State of Haryana only) and upto Rs.10.00 lakh
for other courses in both Government and Private Institutions. The State Government reserves the
right to add or remove any item of expense keeping in view requirements later.
(e) The accrued interest during the moratorium period and course period shall be added to the principal
and repayment would be fixed in Equated Monthly Installments (EMI) with repayment period of at
least 15 years after commencement of repayment period with the option to repay at any point of time
without prepayment penalty.
(f) The provisions mentioned in the scheme shall be mandatorily applicable to such Member Lending
Institutions. The Government will pay the subsequent loan on account of bond amount of the student
once he/she joins Government service after completion of the courses provided he/she appears and
gets selected through due procedure.
(g) The guarantee would be available for loans for students who are residents of Haryana provided by the
MLI for courses other than MBBS in institutions located anywhere within territorial jurisdictions of
Union of India.
5. Guarantee Amount
(i) 100% of the Principal amount of loan alongwith interest would be guaranteed in case of the students
who obtain admission in MBBS in Government Medical Colleges. Additionally with respect to
admission in the other Educational Institutions.
(ii) 90% of the Principal amount of loan alongwith interest would be guaranteed in case of the students
who obtain admission to an institution which has at least ‗A‘ grading in NAAC accreditation or
higher than that.
(iii) 75% of the Principal amount of loans alongwith interest would be guaranteed in case of the students
who obtain admission to an institution which has B++, B+, B & C grading in NAAC accreditation.
(iv) 50% of the loan would be guaranteed in case of the student who obtain admission to an institution
which has D grading in NAAC accreditation.
(v) The margin money in respect of medical courses shall be 2% of the approved loan and 10% of the
approved loan in respect of other courses.
6. Eligibility
Students who has passed 12th class, is a resident of Haryana State with the I-card/PPP( Parivar
Pehchan Patra) and whose family income does not exceed six lakh per annum, counted form all the sources
will be entitled to avail above stated benefit under the scheme for the courses other than MBBS. However,
for the MBBS course there will be no income criteria. Anyone who has qualified NEET examination and
has secured a seat through open counseling will be eligible for such loan facility under the said scheme.
2664 HARYANA GOVT. GAZ. (EXTRA.), NOV. 20, 2020 (KRTK. 29, 1942 SAKA)
7. Application / Sanction / Disbursement
Any student who has passed 12th class and has obtained admission in a higher educational institution
located in Haryana can apply online through online portal (atmanirbhar.haryana.gov.in) or mobile app or
through Saral Kendras on a common application devised by State Level Banker Committee (SLBC).
8. Additional Criteria
(1) The benefit under the scheme will not be available, if the student discontinues his studies before the
completion of the course.
(2) Benefit under the scheme will be not be provided if the student is not able to complete the course
within the scheduled period. However, where such event is on account of resources that are beyond
the control of students as determined by the Medical Education and Research Department or Higher
Education Department as the case may be and where the student makes effort to complete the courses
in reasonable time in the loan will be fund by State Government.
9. Implementation of the Scheme
(i) The banks who will agree to provide loan under the above scheme of the State Government will enter
into a MOU with the Government of Haryana (Department of Finance). All the cases received by the
respective banks will be processed within scheduled timeline and a detailed information of the
number of loans sanctioned, along with details of courses applied for, will be provided by the
Member Lending Institution to the IFCC (on behalf of Department of Finance) on quarterly basis by
SLBC.
(ii) Proper documentation for the loan will be the responsibility of the respective banks as per their
existing procedure.
(iii) The banks shall apply to the Department of Medical Education and Research in case of default by any
student within the prescribed timeline after exhausting all the means available at their disposal for
claim of default.
10. Non- payment of Installment
In case of non- repayment of three consecutive equated monthly installments by the beneficiary after
it becomes due and the loan becoming NPA, the Guarantee can be invoked by the Bank/Lending Institution
through the Credit Guarantee Fund by applying to Department of Institutional Finance and Credit
Control(IFCC) with detailed justification.
11. Administration of HECGF
For the purpose of administration of fund the said committee will held periodical meetings. The
constitution of the committee will be here as under:
Committee Member Designation and Name of Department
Chairman Chief Secretary, Haryana
Member Additional Secretary to Government Haryana,
Medical Education and Research.
Member Additional Secretary to Government Haryana,
Department of Finance.
Member Additional Secretary to Government Haryana,
Department of Health and Family Welfare
Member Additional Secretary to Government Haryana,
Department of Higher Education
Member Additional Secretary to Government Haryana,
Department of Technical Education

T.V.S.N. PRASAD,
The 20th November, 2020 Additional Chief Secretary to Government of Haryana,
Finance Department.

8974—C.S.—H.G.P. Pkl.