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Saturday, 16 October 2021

Gujarat Education Loan Interest Subsidy Scheme 2021 online

Gujarat Education Loan Interest Subsidy Scheme 2021 online practice at kcg.gujarat.gov.in Eligibility criteria, software form, registration. Education is the most treasured asset for a scholar or for an adult. Many authorities schemes have been launched to promote schooling in India. Gujarat training mortgage pastime subsidy scheme is a scheme that is launched through the authorities of Gujarat for these college students who had been now not included below Mukhyamantri Yuva Swavalamban Yojana.


Gujarat Education Loan Interest Scheme 2021

Students will do no longer get the advantages of MMYSY can register themselves underneath Gujarat Education Interest Subsidy Scheme 2021. As the identify of the scheme suggests this will provide one hundred percent subsidy on the activity of the mortgage for the Moratorium Period (one extra 12 months in addition to the period of the loan).


Highlights of the Gujarat Education Laon Interest Subsidy Scheme 2021 – Education is an essential device that will form the future of students. Keeping the significance of schooling in view, this scheme has been launched by way of the Government of Gujarat. The two principal highlights of the scheme are the subsidy supplied and the reason of the scheme. Under this scheme, a hundred percent subsidy will be supplied on hobby for one greater yr in addition to the length of the loan.


Gujarat Education Loan Apply Online

The scheme is solely appliable if the quantity of the mortgage is greater than INR 10 lakh. This scheme will be recommended for the college students who prefer to pursue greater training after type 12th. The rationale of the scheme is to motivate the college students to pursue greater schooling publications after classification 12th. Students who reap find out about loans for greater packages like graduation, diploma, post-graduation, professional courses, or expert levels can avail of the advantages of this scheme.

Gujarat Education Loan Interest Subsidy Scheme 2021 online - www.techmexo.com



Gujarat Education Loan Subsidy 2021

Benefits of the Education Subsidy scheme


There are many advantages of the Education Subsidy scheme launched via the Government of Gujarat. These are as follows-

  • Many college students dream of greater schooling however they couldn’t pursue their goals due to a lack of monetary stability. Government schemes will inspire college students to work hard.
  • The employment charge will enhance in the country when meritorious college students are supplied with scholarships.
  • Through scholarship schemes, college students will now not have to rely on personal cash lending which will have greater interest. Under this scholarship, the pastime is one hundred percent subsidized.
  • The tutorial barrier is eliminated with the economic useful resource that is supplied with scholarships.
  • Through scholarship schemes, college students will have extra stronger know-how and they will be introduced with higher possibilities in the future.
  • With the assist of scholarship schemes, college students will now not have to drop out of their research and they can pursue greater expert courses.


Gujarat Government Education Loan

Gujarat Education Loan Eligibility standards –


The candidates of the scheme ought to fulfill the eligibility standards to avail the advantages of the scheme. These are as follows-

  • The applicant of the scheme need to have certified class12th or equal fashionable from the Central Board of Education (CBSE) or Gujarat Higher Secondary Examination Board (GHSEB).
  • The applicant have to be enrolled in a diagnosed university.
  • The applicant of the scheme need to be a resident of Gujarat State.
  • The applicant of the scheme ought to have cleared type twelfth with 60% or greater marks.
  • The applicant must have cleared classification twelfth in 2012 or later.
  • Applicants who have cleared category twelfth earlier than 2012 can additionally practice for the scheme, however earlier than 2012, no marks had been proven in mark sheet, such that the candidate can follow on a proportion basis.
  • Applicants who have now not taken a diploma after category tenth (have no longer completed classification 12th) can additionally follow for the scheme on CGPA or share basis.
  • Applicants who have taken a diploma after classification tenth and have enrolled for commencement or post-graduation can additionally follow for the scheme.
  • The annual earnings of the household of the applicant must be much less than 6 lakhs rupees.
  • Applicants who have taken an instructional loans from scheduled banks after 4th July 2017 to pursue greater schooling can additionally observe for the scheme.
  • The pastime subsidy scheme is relevant for graduation, post0graduation, diploma, and expert courses.
  • Students who have dropped out of center college or these who had been expelled from faculty are no longer eligible to practice for the scheme.


Gujarat Government Education Loan Documents required

The applicant must possess the following files whilst making use of for the scheme-

  • Duly signed utility structure affixed with passport measurement photograph.
  • Copy of category twelfth Marksheet or Diploma on the groundwork of classification 10th.
  • Income proof of the household or the applicant.
  • A replica of profits tax return or self-declaration certificates for non-It return.
  • Copy of Aadhar Card.
  • Residential proof of the applicant. (Passport, ration card, riding license, phone or electrical energy bill)
  • Bank files (Copy of mortgage software form, reproduction of mortgage agreement, sanction letter licensed by means of bank, disbursement letter approved via bank, reproduction of the first web page of financial institution passbook, and a canceled cheque).
  • Copy of passport, replica of visa, or visa surpassed letter.
  • Copy of the identify of the university and college documents.
  • Copy of admission letter from the university, reproduction of the free receipt of the university.
  • A self-declaration certificates for no different scheme advantages taken by means of the candidate (in KCG format).


Gujarat Education Loan Subsidy 2021

How to observe for the Gujarat Educational Loan pastime scheme?

  • Students will have to register themselves to avail the advantages of the scheme. To register for the scheme on-line comply with the following steps-
  • First, go to the reliable portal of Knowledge Consortium of Gujarat at gujarat.gov.in.
  • On the domestic page, there will be an choice “Interest Subsidy Scheme on training mortgage (Registration open). Click on that alternative or click on immediately on this hyperlink https://kcg.gujarat.gov.in/education_loan/.
  • On the pinnacle of the page, click on on the hyperlink “Online Registration Form for activity subsidy Scheme on training loan”.
  • Then a shape will show up on the display screen “Application structure for pastime subsidy scheme on training loan”.
  • In this form, the applicant will have to fill in all the important points as directed. The important points will consist of name, electronic mail id, contact number, Aadhaar number, diploma passing year, stream, family’s complete annual income, username, password and then click on on the “Register” button.
  • After filling in all the information, then the applicant will have to fill all the scholarship data in the Gujarat Government Education Loan scheme.
  • The applicant will have to enter all the small print very carefully.
  • Then enter all the small print associated to the scholarship and click on to save. After that edit the profile once more and entire the Gujarat Education mortgage activity subsidy scheme on line registration.
  • After this candidate need to down load the acknowledgment slip.
  • In case of any discrepancy or if the candidate faces any hassle in filling the software form, he or she can contact the direct helpline wide variety referred to on the portal. 9909039380.

Gujarat Govt Education Loan Online Application

Instructions to be observed for Gujarat Government Education Loan scheme

  • The applicant of the scheme need to be a resident of Gujarat who has surpassed category twelfth with at least 60% marks or above.
  • The annual gross earnings of the household of the applicant ought to be much less than Rs. 6 lakhs.
  • The applicant need to have exceeded category twelfth from a identified college and board.
  • The applicant must have taken admission to a diagnosed university or college in India or abroad.
  • The applicant ought to have availed mortgage from the scheduled financial institution earlier than 4th July 2017.
  • The subsidy on pastime will be furnished on a mortgage quantity above Rs. 10 lakhs. If the applicant’s mortgage quantity is beneath the cited amount, then he is now not certified for the scheme.
  • The applicant will have to pay no more costs to the bank.
  • The scheme does no longer inspire training loans.
  • The applicant of the scheme will have to fill the registration structure on the reputable KCG internet site online.
  • The offline utility will no longer be accepted.
  • The applicant can be referred to as in for non-public verification of files or utility forms.
  • If the pupil is analyzing abroad, the electricity of lawyer will be considered. Only the father or mom of the pupil can signal the archives in Bank. 

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