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.
About This Scheme
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
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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
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
