Central GovernmentVerified

Loans to Tribal Students for Higher Studies Abroad

The scheme's purpose is to offer financial assistance to tribal students for higher education abroad. It provides a loan of up to ₹15,00,000 at a 4% annual interest rate.

Last verifiedToday

About This Scheme

The "Loans to Tribal Students for Higher Studies Abroad" scheme was launched by the Tribal Development Department, Government of Gujarat. The scheme aims to provide financial assistance to tribal students who wish to pursue higher education in foreign universities. Through this scheme, eligible Scheduled Tribe (ST) students can avail a loan at a concessional interest rate of 4% per annum.

Benefits

Monetary Benefit:

₹15.0 L

Loan of up to ₹15,00,000 or the actual cost of study/training abroad, whichever is lower.

Interest Rate:

4% per annum.

Penalty Interest:

2.5% per annum for late repayment.

Beneficiary Contribution:

No contribution is required from the beneficiary.

Repayment Terms:

Repayment to be made in 60 monthly installments.

Repayment starts 6 months after completion of studies.

Early repayment is permitted.

Eligibility

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

Required Documents

  • 7/12 Certificate
  • Affidavit
  • Birth Certificate
  • Certificate of Professional Course
  • Identity Card
  • Marksheet of 12th Class
  • Post Graduate Marksheet
  • Receipt of Fee Paid
  • Self-attested copy of Passport
  • Aadhaar Card
  • Bank Passbook/Cancelled Cheque
  • Caste Certificate
  • Graduate Marksheet
  • Marksheet
  • Passport-size Photos
  • Ration Card
  • School Leaving

✦ Required ◦ Optional

How to Apply

OOnline

Visit the Gujarat Tribal Development Corporation official website . Click on the " APPLY FOR LOAN ". Select the scheme name "Foreign Study". Fill the registration form: Full Name (as per Aadhaar Card), Gender, Date of Birth, Aadhaar Number, Mobile Number, Uder name, Password for login, Confirm Password. Click on the "Sign Up. After successful registration, User ID and Password will be generated. Enter User ID, Password, and Captcha Code. After login, schemes applicable to your caste will be disp

Quick Info

Level
Central Government
Max benefit
₹15.0 L