What you get
Education Loan Details: | Loan Amount: Up to ₹15,00,000/-. | Interest Rate: 4% per annum for male students and 3.5% per annum for female students. | Coverage Includes: | - Admission fees and tuition fees | - Books, writing materials, necessary equipment and examination fees required for the course | - Accommodation & food expenses | - Travel and insurance premiums | Contribution: | - 90% by Central Corporation | - 5% by State Government | - 5% by the Beneficiary | Repayment Terms: | - Repayment Period: 60 equal monthly installments (5 years) | - Start of Repayment: Within 6 months from course completion or employment, whichever is earlier.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
When does loan repayment start?
Repayment starts 6 months after course completion or employment.
What is the beneficiary’s contribution?
The beneficiary must contribute 5% of the total cost.
Can I apply offline?
No, applications must be submitted online at gtkdconline.gujarat.gov.in
Who implements the scheme?
The Gujarat Thakor and Koli Vikas Nigam (GTKVN).
Are management quota students eligible?
No, management quota admissions are not eligible.
What does the loan cover?
It covers tuition fees, books, living expenses, and insurance.
Who can apply for this loan?
Applicants from Thakor or Koli caste can apply.
What is the maximum loan amount?
Up to ₹15,00,000/- can be availed as a loan.