New Akanksha Scheme (Educational Loan) (GTKVN)
Under this scheme, education loans are provided at subsidized interest rates to students belonging to Thakor and Koli communities for pursuing graduate and postgraduate studies in fields such as engineering, medical, MBA, and MCA.
About This Scheme
Benefits
> Education Loan Details:
₹15.0 L
Loan Amount: Up to ₹15,00,000/-.
Interest Rate: 4% per annum for male students and 3.5% per annum for female students.
Coverage Includes:
Admission fees and tuition fees
Books, writing materials, necessary equipment and examination fees required for the course
Accommodation & food expenses
Travel and insurance premiums
Contribution:
90% by Central Corporation
5% by State Government
5% by the Beneficiary
Repayment Terms:
Repayment Period: 60 equal monthly installments (5 years)
Start of Repayment: Within 6 months from course completion or employment, whichever is earlier.
Eligibility
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Required Documents
- ✦Aadhaar Card
- ✦Caste Certificate
- ✦Income Certificate
- ✦Other Mark sheets/Last Year Mark sheet
- ✦Ration Card
- ✦School Leaving
- ✦Bank Passbook/Cancelled Cheque
- ✦Identity Card
- ✦Mark sheet
- ✦Passport Size Photos
- ✦Receipt of Fee Paid
✦ Required ◦ Optional
How to Apply
Personal Information: Name, gender, date of birth, caste, etc. Address Information: Permanent and correspondence address Income Details: Monthly family income and source Loan Requirement: Amount needed, proposed use (e.g., business, self-employment) Bank Account Details: For loan disbursement
Quick Info
- Level
- Central Government
- Max benefit
- ₹15.0 L
