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Banking,Financial Services and Insurance

Loan Assistance to Scheduled Castes Students for Commercial Pilot Training

The scheme was commenced in the year 1987 with the objective to provide financial assistance to bright Scheduled Castes Students who want to undergo training for commercial pilot license.

Authority

State/ UT

Region

Gujarat

Status

Verified 2026

Updated

March 2026

What you get

- Under this scheme, a loan of ₹25 lakhs is provided at an interest rate of 4% to the eligible candidates.

Who can apply

The applicant should be a native of Gujarat state.; The applicant should belong to the Scheduled Caste Category of Gujarat State.; A candidate seeking to undergo Commercial Pilot License Training must have passed Matriculation or Higher Secondary School Certificate or its equivalent examination and must possess all the academic and technical qualifications required by the institute in which the candidate intends to undergo training for admission to the Commercial Pilot License Training Course.; The country/abroad institution providing such training should have obtained the conditions laid down for the admission of the trainee and all the necessary documents for such training such as a medical certificate, fitness certificate, etc.; The institute in which the trainee receives his training abroad must be approved by the government of his country for imparting such training and the commercial pilot license obtained after such training must be accepted in that country, after which the trainee must undergo a legal process of one year to get that license accepted in India.; The assistance will be sanctioned only after receiving the consent letter from the training institute for admission of the candidate; the trainee will have to submit the cost estimates for his training obtained from that institute.; If any of the relatives of the candidate desiring to undergo such training are living abroad, the trainees should not be sponsored for financial responsibility by them.; The applicant shall be free to repay the due amount earlier than the due date.; If the applicant uses this loan for any other purpose, the loan amount will be recovered from the date of repayment (together with penal interest).; The beneficiary has to furnish two valid sureties.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

When was the scheme initiated?

The scheme was commenced in the year 1987.

What amount of loan is provided under this scheme?

A loan of [?]25 lakhs is provided at an interest rate of 4% to eligible candidates.

What are the eligibility criteria for availing this loan assistance?

The applicant should be a native of Gujarat state and belong to the Scheduled Caste category of Gujarat State.

Can the loan be used for other purposes?

No, the loan should be strictly used for training purposes. Any deviation may result in recovery with penal interest.

Are there any conditions regarding repayment of the loan?

Beneficiaries are free to repay the amount earlier than the due date. However, there are consequences for defaulting on repayments.

Is there any obligation after completing the training?

Yes, beneficiaries must render services in India for a minimum of five years after completing the training. Failure to do so may require repayment of the assistance with interest.

How can one apply for this loan assistance?

Eligible applicants can apply through the e-Samaj Kalyan Portal: https://esamajkalyan.gujarat.gov.in/

What happens if the trainee settles abroad after training?

The entire amount of assistance must be returned to the Government of Gujarat with interest.

How is the rate of exchange determined for trainees undergoing training abroad?

The rate of exchange is fixed by the Reserve Bank of India, and allowances for trainees must also be approved by the Reserve Bank.

How long is the repayment period for the loan?

The loan must be repaid within 10 years, including a two-year grace period for interest repayment.

What is the frequency of loan recovery?

Loan recovery begins after one year from the date of disbursement and follows a monthly installment plan.