Educational Loan for Higher Education for students of Minority

Social Justice & Empowerment Department

Beneficiary Type: Student

Objective

To provide support for quality education.

Objective

​The purpose of educational loans for higher education aimed at students from minority communities in India is to provide financial assistance to economically disadvantaged students from minority communities, enabling them to pursue higher education and thereby promote inclusive growth and equal opportunities in the educational sector.

Benefits

Edicational loan ranging from INR 3 lakh to 20 lakh at rate of 3% per annum interest for students of minority communities for higher education (overseas or otherwise)

Eligibility

1) the applicant must be from religious minority, 2) The age of the applicant must be between 16 and 32 years, 3) The annual household income fo the applicant must be INR 1,03,000 per annum in urban areas and INR 81,000 per annum in rural areas

Coverage Area

Application Method

For further details, please contact the nearest government bank or the Managing Director of Gujarat Minority Finance and Development Corporation

Application Form

https://gmfdconline.gujarat.gov.in/

Documents Required

Aadhaar card,Proof of Minority Status,Income Proof,Academic Records,Admission Proof,Course Details,Bank Account Details,Passport-sized Photographs,Caste Certificate,Co-applicant Details.

Information Source

https://sje.gujarat.gov.in/dsd/scheme/sahana-sahay-yojana?lang=English

Gender Male,Female,Others
Age 0 to 100
Caste General,Scheduled Caste,Scheduled Tribe,Socially and Economically Backward Communities / Other Backword Class
Economic Status APL,BPL,Both
Occupation Student
Sector Education Sector
Income Criteria Not Applicable
Citizen Senior Citizen, Non Senior Citizen

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