The Government of Gujarat has introduced the E-Samaj Kalyan Education Loan to support students from economically weaker sections (EWS), scheduled castes (SC), and socially and educationally backward classes (SEBC). This education loan for study abroad by the Gujarat government aims to make foreign education more accessible by offering financial assistance with affordable repayment terms.
The E-Samaj Kalyan Education Loan for SC students and other eligible categories provides up to INR 15 lakh at a subsidized interest rate. Whether you are an EWS student or from an SEBC background, this initiative ensures that deserving students get the necessary financial aid to achieve their academic aspirations without excessive financial burden.
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E-Samaj Kalyan Gujarat Education Loan: Major Highlights
The education loan provided by the Gujarat e-Samaj Kalyan provides education loans for study abroad to students at a very low interest rate and a long repayment tenure. This encourages the students from an unprivileged section of society to study hard and shape their future. Check some of the major eligibility criteria for E-samaj Kalyan Gujarat Education Loan:
| Features | Details |
| Maximum Loan Amount | INR 15 lakhs |
| Rate of Interest | 4% p.a simple interest |
| Annual Income of the Applicant | NA |
| Maximum Repayment Period | 10 years |
| Moratorium Period | Duration of Course + 6 months |
| Requirement of Collateral | Any tangible or intangible security to be pledged by parent/co-applicant |
Also Read: Facing issues in a rising interest rate environment? Check out this blog on Inflation and its Effect on Education Loans
Eligibility Criteria for E-Samaj Kalyan Gujarat Education Loan
e-samaj Kalyan Gujarat Education Loan is available for students belonging to backward classes and economically weaker sections. The eligibility criteria for education loans under this scheme have been laid down by the Department of Social Justice and Empowerment as per the directions of the state government. Check out the major eligibility criteria:
- The student must belong to the scheduled caste (SC), developing caste and economically weaker section (EWS).
- The student must be a resident of Gujarat and must have a domicile in the state of Gujarat.
- The marks secured by the student in class 12 must be 60% or above.
- The courses that are eligible under this scheme are undergraduate, postgraduate and PhD programs of technical and professional streams.
- Admission to the university shall be secured on a merit-based entrance examination or interview (as per the university norms).
- The government has allowed only two students from a family to apply for education loans under the e-samaj Kalyan scheme.
- You can apply for an education loan before going abroad within 6 months after moving abroad for studies.
Also Read: Planning to Study Abroad with a Loan? Check out this blog on Education Loans to Study Abroad
How to Apply for e-Samaj Kalyan Education Loan
E-Samaj Kalyan Gujarat Education Loan application process is completely online. You can submit your application on the official website of e-samaj Kalyan. Check the steps involved in the application process:
- Visit the official website of Gujarat E-Samaj Kalyan Yojana
- On the right side of the page, you will see the option ‘New user? Please Register Here
- Click on the link and in the next screen, enter details like name, date of birth, UID number, caste and mobile number.
- Carefully check the details entered by you and click on ‘Register’
- After successful registration, select the foreign education loan scheme and apply.
How to Track Education Loan Status on E-Samaj Kalyan Education Loan?
After submitting the education loan application on the E-samaj Kalyan portal the verification process will start. All your details and the supporting documents will be checked and then the loan will be sanctioned. During this period the status will be updated on the official website of the E-Samaj Kalyan portal and students can check it regularly. Follow the steps mentioned below to track your education loan application:
- Visit the official website of Gujarat E-Samaj Kalyan
- Login with your username and password to access your profile
- On the next screen, you will see the option ‘Application Status’
- Click on the application status and check if the loan has been approved
Documents Required for E-samaj Kalyan Gujarat Education Loan
During the verification process for an education loan, a lot of documents supporting your eligibility criteria will be required. Always keep the documents handy so that the verification can be completed quickly. When you upload the documents, make sure that it is clearly visible and there are no discrepancies. Check the list of documents below:
- Domicile and Income Certificate of applicant/co-applicant
- Photo Identification and address proof like UID and Voter ID card
- Marksheet of secondary and higher secondary exam, mark sheet of graduation (if applying for PG program)
- Caste Certificate (if required)
- Bank details and documents like passbook, bank statement etc.
- Letter of Acceptance from the University
- Copy of passport
- Details of tuition fees and accommodation
- Documents showing property valuation (collateral)
To sum up, The E-Samaj Kalyan Education Loan is a crucial initiative by the Gujarat government to help students from SC, SEBC, and EWS categories pursue higher education abroad. With financial assistance of up to INR 15 lakh at a low interest rate, this scheme ensures that deserving students achieve their academic dreams without financial barriers.
If you meet the eligibility criteria, apply today through the E-Samaj Kalyan Gujarat portal and take the first step toward your global education journey.
FAQs
Students from SC, SEBC, and EWS categories residing in Gujarat can apply for the loan.
The Gujarat education loan via E-samaj Kalyan for SC and EWS category students can be availed up to INR 15 lakh for covering education-related expenses.
The interest rate is subsidized at 4% per annum to make it affordable for students.
No, the applicant’s minimum family income for education loan must be below INR 10 lakh to be eligible for the scheme.
Yes, the co-applicant must provide property as collateral, which will be registered with the government.
The loan repayment period extends up to 10 years, making it easier for students to repay after securing employment.
Essential documents include residency proof, caste certificate, income certificate, admission letter from the foreign university, and academic records.
Students can apply online through the official E-Samaj Kalyan Gujarat portal by registering and submitting their documents.
Applicants can check their loan application status on the official E-Samaj Kalyan Gujarat portal after submitting their application.
This was all about the E-Samaj Kalyan Gujarat Education Loan. Please read and understand all the terms and conditions of the education loan before applying for it.
To know more about the government loan application process, the best international bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.
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