Loan scheme offering up to ₹15 lakh at 4% simple interest to unreserved category students for MBBS, PG, or equivalent courses abroad with f…
New Akanksha Scheme (Educational Loan) (GNDTDC)
Under the scheme, educational loans of up to ₹10 lakh are provided to students belonging to Nomadic and Denotified Tribes communities for pursuing higher professional and technical education at the graduate and postgraduate levels.
About This Scheme
Benefits
₹10.0 L · annual
1. Loan Amount: The maximum loan limit for this scheme is up to ₹10,00,000/-.
2. Included Expenses: The loan amount will include the following:
- Admission and tuition fees
- Expenses for books, uniforms, essential materials, and exam fees
- Accommodation and food expenses
- Insurance – Policy premium
3. Interest Rate:
- 4% per annum for male students
- 3.5% per annum for female students
4. Contribution:
- 90% contribution from the Central Corporation,
- 5% from the State Government,
- 5% from the beneficiary
5. Repayment Period:
- The loan will have to be repaid in 60 equal monthly installments including interest.
- The loan will be recovered within 6 months of completion of the course or upon getting a job, whichever is earlier.
Eligibility
- •
The applicant should be a resident of Gujarat.
- •
The applicant should belong to the Nomadic Tribe or Denotified Tribe.
- •
The applicant's family's annual income should not exceed ₹3,00,000/-.
- •
The applicant should be pursuing one of the following courses:
- •
MBA or its equivalent (AICTE-approved course)
- •
MCA (Master of Computer Applications) or its equivalent (AICTE-approved course)
- •
Graduate-level engineering course approved by IIT/AICTE or any other approved professional graduate-level course
- •
Graduate-level medical course from a college recognized by the Medical Council of India
- •
Diploma course in Nursing
- •
Note: At least 50% of the total loan amount will be allocated for families having an annual income of up to ₹1,50,000/-.
Required Documents
- ✦Aadhaar Number
- ✦Ration Number
- ✦Voter ID (Voter Identification Number)
- ✦Income Certificate
- ✦Educational Qualification Certificates (SSC, HSC, Diploma, Degree, Graduation)
- ✦University Information
- ✦Accreditation Proof (from the authority that accredited the course/institution)
- ✦Hostel Details (if applicable)
- ✦Admission Fee Details (for the entire course)
- ✦Tuition Fee Details
- ✦Examination Fee Details
- ✦Hostel Fee Details (Boarding and Food Expenses for the entire course)
- ✦Estimated Cost of Books, Stationery and Other Materials required for the course
- ✦Other Fees Details
- ✦Bank Account Details
✦ Required ◦ Optional
How to Apply
Step 1: Visit the Official Portal
- Go to the Official Website Gujarat Nomadic and Denotified Tribes Development Corporation.
- Scroll down on the homepage, find the "Educational Loan (New Akanksha Yojana)" and click on "Apply Now".
- You will be directed to the application form.
Step 2: Access and Fill Out the Application Form
- Complete all sections under "Applicant information," including full name, father/husband's name, gender, complete address details, contact numbers, Aadhaar No., parents/husband/guardian occupation and income details. Also provide Date of Birth, Age, Caste, and Subspecies. Also, if you are disabled and provide a percentage.
- For each applicable qualification (SSC, HSC, Diploma, Degree, Graduation), tick the checkbox and fill in the Degree, Board/University Name, Academic year, and Percentage obtained.
- Fill in details about the college/institution admitted to, university affiliation, course name, enrollment number, organisation address, website, course duration (in years and semester), and date of admission.
- Specify who accredited the course/institution, their name, and address. Proof of accreditation must be submitted.
- Select "Yes" or "No" for "Have you obtained admission through government-mandated admission?".
- If staying in a hostel, provide the Hostel name, Hostel address, and Hostel contact number.
- Fill in the requested loan amounts for Admission Fee, Tuition Fee, Examination Fee, Hostel Fee, Estimated cost of books/stationery, and Other fees.
- List details of any physical assets owned (land, house, government property, NCC, LIC, KVP, etc.).
- Indicate if anyone in the family works in a government/private sector job. If "Yes," provide Name, Designation, Place, and Salary details.
- Fill in the Bank Account Number, select the Bank Name from the dropdown, provide the Branch Name, Name as per Account, select Bank Account Type (Saving/Current), and enter the MICR Code and IFSC Code.
Step 3: Review and Final Submission
- Carefully review each module. Use the preview option to examine the application before final submission. Fill out the provided "CAPTCHA" and Click on “Submit”.
Track and Review Status
- Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
- Go to the Official Website Gujarat Nomadic and Denotified Tribes Development Corporation.
- Scroll down and locate the Know App Status. Click on "Know App Status".
- Select the Scheme name, Enter App No., and Birth Date. Fill out the Captcha and click on Submit.
Quick Info
- Level
- Central Government
- Max benefit
- ₹10.0 L
Available In
Data Sources
- https://www.myscheme.gov.in/schemes/naelgntdnt ↗Accessed 7 days ago
- https://www.myscheme.gov.in/schemes/naelgntdnt ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/naelgntdnt ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/naelgntdnt ↗Accessed 23 days ago
- https://www.myscheme.gov.in/schemes/naelgntdnt ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/naelgntdnt ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/naelgntdnt ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/naelgntdnt ↗Accessed 1 months ago
