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Interest Subsidy Scheme on Education Loan
The scheme "Interest Subsidy Scheme on Education Loan" by the Education Department, Gujarat, aims to provide financial support to students by offering 100% interest subsidy on education loans.
Last verifiedToday
About This Scheme
The scheme "Interest Subsidy Scheme on Education Loan" by the Education Department, Government of Gujarat, aims to provide complete financial relief to students through 100% interest subsidy on education loans for the entire moratorium period. This includes the study period and 1 additional year after course completion.
Benefits
₹10.0 L
Interest Subsidy Assistance: 100% interest subsidy on education loans up to ₹10,00,000/- for the moratorium period (course duration + 1 year).
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Passport Size Photograph (Max 50 KB).
- ✦Signature (Max 50 KB).
- ✦Marksheet of Standard 12 / Diploma.
- ✦Aadhaar Card.
- ✦Ration Card.
- ✦Income Certificate (Certified by Talati-cum-Mantri / Mamlatdar / TDO).
- ✦Proof of Residence (Passport / Driving License / Bank Statement / Ration Card / Telephone Bill / Electricity Bill / Voter ID – any one).
- ✦Copy of Education Loan Agreement (Signed and Stamped by Bank Manager).
- ✦Copy of Education Loan Sanction Letter (As per KCG format, signed and stamped by Bank Manager).
- ✦Copy of Education Loan Disbursement Letter (As per KCG format, signed and stamped by Bank Manager).
- ✦Statement of Education Loan Account from first withdrawal date till current date (Signed and Stamped by Bank Manager).
- ✦Bank Interest Certificate (Signed and Stamped by Bank Manager).
- ✦Copy of First Page of Savings Account Passbook / Bank Statement / Cancelled Cheque (Any one).
- ✦Admission Letter (On College/University Letterhead with Signature and Stamp).
- ✦Fee Receipts of First Year / First Two Semesters.
- ✦Self-Declaration Certificate stating “No benefit from other scheme” (As per KCG format available on website).
- ✦Passport Copy (Only for Students Studying Abroad).
- ✦Visa or Visa Letter Copy (Only for Students Studying Abroad).
- ✦Power of Attorney (Only for Students Studying Abroad).
- ✦Aadhaar Card.
- ✦Ration Card.
- ✦Income Certificate (Certified by Talati-cum-Mantri / Mamlatdar / TDO).
- ✦Statement of Education Loan Account (From first withdrawal date till current date, signed and stamped by Bank Manager).
- ✦Copy of Education Loan Disbursement Letter (As per KCG format, signed and stamped by Bank Manager).
- ✦Bank Interest Certificate (Signed and Stamped by Bank Manager).
- ✦Marksheet of All Passed Years / Semesters.
- ✦Fee Receipts of All Years / Semesters.
✦ Required ◦ Optional
How to Apply
OOnline
Quick Info
- Level
- Central Government
- Max benefit
- ₹10.0 L