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New Akanksha Scheme (Higher Education Loan) (GGDC)

This scheme provides educational loans of up to ₹15.00 lakh to students belonging to the Rabari and Bharwad castes from socially and educationally backward classes for pursuing higher professional courses such as medical, dental, engineering, pharmacy, etc.

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About This Scheme

The "New Akanksha Scheme (Higher Educational Loan)" is implemented by the Gujarat Gopalak Development Corporation (GGDC) under the Social Justice and Empowerment Department, Government of Gujarat. Under this scheme, educational loans of up to ₹15 lakh are provided to students belonging to the Rabari and Bharwad castes from socially and educationally backward classes for pursuing higher professional courses such as medical, dental, engineering, pharmacy, etc.

Benefits

Educational Loan Details:

1. Loan Amount:

₹15.0 L

Up to ₹15,00,000/-

2. Interest Rate:

3.5% for female students

4% for male students

3. Contribution:

95% contribution from the Corporation/State Government,

5% from the beneficiary

Required Documents

✦
Ration Number
✦
Aadhaar 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

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Quick Info

Level: Central Government
Max benefit: ₹15.0 L