Interest Free Loan Scheme To Teachers For The Purchase Of Laptops

The scheme "Interest Free Loan Scheme To Teachers For The Purchase Of Laptops" was launched by the Directorate of Education, Government of Goa. The scheme aims to get full exposure to changing technology for teachers, who need to handle computers daily and enhance the quality of teaching through visual effects, Multimedia presentation, and Graphics in schools in the State of Goa. The scheme provides an Interest Free Loan up to a maximum of ₹1,00,000/- for the purchase of a Laptop, which is issued via Cheque through Messers Goa Education Development Corporation (GEDC), Government of Goa. The applications for this scheme are accepted through the respective educational institution and subsequently forwarded to the Directorate of Education.

• An Interest Free Loan up to a maximum amount of ₹1,00,000/- is granted for the purchase of a Laptop.
• The loan is disbursed in the form of a Crossed Cheque.
• The Cheque is drawn in favor of the dealer.
• The Cheque is issued through Messers Goa Education Development Corporation (GEDC), Government of Goa.

Conditions

• The purchase of the Laptop must be made from any registered or authorized dealer of the branded manufacturer.
• The Cheque amount sanctioned shall not exceed the maximum amount of ₹1,00,000/-.

• The applicant must be a regular/permanent full-time teacher.
• The applicant must be teaching in Secondary schools or Higher Secondary schools.
• The applicant must be working in a Government school or in a Government Aided school.
• The applicant must be covered under the Administrative control of the Directorate of Education in the State of Goa.

Offline

Step 1: The applicant must obtain a quotation for the laptop from a registered dealer of their choice, which includes details such as a pre-receipt, specifications, and the cost of the laptop, to be submitted along with the application.
Step 2: The applicant must obtain the prescribed format of the application form of the scheme from the institution where he/she is currently working.
Step 3: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
Step 4: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to the Head of the Institution. The application must be recommended by the respective Head of the Institution. The Head of the Institution must forward the recommended application to the Directorate of Education.

Post-Application Process

Step 1: Processing at the Directorate of Education and Forwarding

• The Directorate of Education takes utmost care to process the application forwarded by the applicant teacher within a period of forty-five days.
• Once processed and approved, the Directorate of Education forwards the application and related documentation to Messers Goa Education Development Corporation (GEDC).

Step 2: Final Verification and Release of Payment

• Messers Goa Education Development Corporation processes and verifies the application for the release of the payment or Cheque.
• This processing and the release of the Cheque are dependent upon the availability of funds.

Step 3: Cheque Issuance to the Dealer

• The Crossed Cheque, amounting to the price of the Laptop, but not exceeding the maximum sanctioned amount of ₹1,00,000/-, is drawn in the favor of the dealer chosen by the teacher.
• This cheque is then released by Messers Goa Education Development Corporation to the respective party.