Central GovernmentVerified

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.

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About This Scheme

The "New Akanksha Scheme (Educational Loan)" is implemented by the Gujarat Thakor and Koli Vikas Nigam (GTKVN) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to provide financial support for higher technical and professional education to students belonging to Thakor and Koli communities. Under this scheme, loans are provided at subsidized interest rates to students for pursuing graduate and postgraduate studies in fields such as engineering, medical, MBA, and MCA.

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

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

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

OOnline

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