Loan For Foreign Study (S.E.B.C.)

Loan For Foreign Study (S.E.B.C.) क्या है?

The scheme aims to support higher education abroad for eligible students from the Socially and Educationally Backward Class (SEBC). It provides a maximum Foreign Study Loan of ₹15,00,000/- at an annual interest rate of 4% to SEBC students.

लाभ

##### ***Financial Assistance*** - A maximum Foreign Study Loan of ₹15,00,000/- is provided for higher education abroad. - The loan is offered at a simple annual interest rate of 4%. - The loan covers costs such as air tickets, registration fees, tuition fees, education fees, hostel fees, books, and other expenses associated with the first year of the course abroad. ##### ***Disbursement Conditions*** - The full loan amount of ₹15,00,000/- will be disbursed to the student in a single installment. - The money will be deposited into the student's bank account after the submission of the original registered mortgage deed. ##### ***Post-Selection Obligations*** - After the sanction order is received, the student's parent or guardian must obtain the prescribed mortgage deed form from the District Office. - The property presented by the student's parent/guardian or the guarantor must be registered as a mortgage in favor of the government. - The loan repayment must begin one year after the completion of the student's study. - The loan must be repaid in monthly or quarterly installments. - The principal loan amount must be fully repaid within a maximum period of 10 years. - The interest amount must be fully repaid within a maximum period of 2 years. - The student must ensure all required documentation is completed within the prescribed time limit.

स्तर

State — Gujarat

मंत्रालय / विभाग

Social Justice and Empowerment Department

लाभ का प्रकार

cash

मुख्य पात्रता

- The applicant must belong to the Socially and Educationally Backward Class (S.E.B.C.). - The applicant's family annual income must be less than ₹10,00,000/- (Rupees Ten Lakh). - The applicant must have secured a minimum of 60% or more marks in 12th standard. - The applicant must have secured a min

अंतिम सत्यापन

Recently

Benefits

##### ***Financial Assistance*** - A maximum Foreign Study Loan of ₹15,00,000/- is provided for higher education abroad. - The loan is offered at a simple annual interest rate of 4%. - The loan covers costs such as air tickets, registration fees, tuition fees, education fees, hostel fees, books, and other expenses associated with the first year of the course abroad. ##### ***Disbursement Conditions*** - The full loan amount of ₹15,00,000/- will be disbursed to the student in a single installment. - The money will be deposited into the student's bank account after the submission of the original registered mortgage deed. ##### ***Post-Selection Obligations*** - After the sanction order is received, the student's parent or guardian must obtain the prescribed mortgage deed form from the District Office. - The property presented by the student's parent/guardian or the guarantor must be registered as a mortgage in favor of the government. - The loan repayment must begin one year after the completion of the student's study. - The loan must be repaid in monthly or quarterly installments. - The principal loan amount must be fully repaid within a maximum period of 10 years. - The interest amount must be fully repaid within a maximum period of 2 years. - The student must ensure all required documentation is completed within the prescribed time limit.

Eligibility

Documents Required

How to Apply

1. Step 1: Online application — step 1

   Registration

2. Step 2: Online application — step 2

   Step 1: Visit the Official Website of eSamajkalyan .

3. Step 3: Online application — step 3

   Step 2: In the right pane of the home page, click " New User? Please Register Here! ".

4. Step 4: Online application — step 4

   You will be taken to the Registration Form.

5. Step 5: Online application — step 5

   Step 3: In the form, provide all the mandatory fields, fill in the captcha code, and click "Submit" to complete the registration process. A popup will appear acknowledging successful registration and displaying your User ID for Login.

6. Step 6: Online application — step 7

   Application

7. Step 7: Online application — step 8

   Step 1: Visit the Official Website of eSamajkalyan . In the "Citizen Login" section provided in the right pane of the home page, provide your User ID and Password, fill in the Captcha Code, then click "Login".

8. Step 8: Online application — step 9

   Step 2: In the ribbon provided at the top of the website, click the "Corporation" menu, then click "Gujarat State Divyangjan Finance and Development Corporation". A list of schemes will be displayed. Select the scheme you intend to apply for.

9. Step 9: Online application — step 10

   Step 3: You will be taken to the online application form of the scheme. In the form, provide all the mandatory fields and upload all the mandatory documents in the specified format and size. Carefully review all the information provided and the documents uploaded. Make corrections, if any.

10. Step 10: Online application — step 11

    Step 4: Click "Submit" to submit your application. You'll receive a confirmation message. Note down your Application Number for future reference. You can also take a printout of the submitted application form.

11. Step 11: Online application — step 12

    Step 5: Following the successful online submission, the applicant must take a printout of the final application form. Two identical physical copies of the complete application set, along with attached enclosures of all uploaded documents, must be prepared. These two copies must then be deposited at the respective District Office (District Social Welfare Officer (Developing Castes)) applicable to the student.

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.