ISSOEL

Interest Subsidy Scheme on Education Loan

The Interest Subsidy Scheme on Education Loan, implemented by the Education Department of Gujarat, provides significant financial assistance to students by offering a 100% interest subsidy on education loans up to ₹10,00,000 for the duration of their course plus one additional year. Eligible applicants must be residents of Gujarat, have completed their HSC with at least 60 percentile, and have a family income not exceeding ₹6,00,000 per year.

राज्य नकद

राज्य / केंद्र शासित प्रदेश: गुजरात

नोडल विभाग: Education Department

योजना किसके लिए: Individual

योजना प्रोफ़ाइल

डीबीटी (प्रत्यक्ष लाभ अंतरण): नहीं

श्रेणियाँ: शिक्षा और अध्ययन

उप-श्रेणियाँ: Scholarships and student finance

लक्षित लाभार्थी: व्यक्तिगत

टैग: Education Loan, Higher Education, Interest Subsidy, Abroad Study

विवरण

The scheme "Interest Subsidy Scheme on Education Loan" by the Education Department, Government of Gujarat, aims to provide complete financial relief to students through 100% interest subsidy on education loans for the entire moratorium period. This includes the study period and 1 additional year after course completion.

लाभ

- Interest Subsidy Assistance: 100% interest subsidy on education loans up to ₹10,00,000/- for the moratorium period (course duration + 1 year)

Interest Subsidy Assistance: 100% interest subsidy on education loans up to ₹10,00,000/- for the moratorium period (course duration + 1 year).

पात्रता

The applicant must be a resident of Gujarat.
The applicant must be a student.
The applicant must have passed HSC (Higher Secondary Certificate) with at least 60 percentile.
The applicant must have taken an education loan from a recognized bank for pursuing higher education in India or abroad.
The applicant must have a family income not exceeding ₹6,00,000/- per year.

अपवर्जन

आवेदन प्रक्रिया

Online

Registration Process:

Step 1: Visit the Official Website and fill in all the details.
Step 2: Set an username and password.
Step 3: Verify the details and click on "Register".

Application Process:

Step 1: Visit the Official Website and enter the username and password.
Step 2: Enter all relavant details and fill out the online form.
Step 3: Upload all required documents in the specified format if required.
Step 4: Click on "Submit" to comlete the applicaion process.
Step 5: After completing the full details of the application-submitting your application formprint the acknowledgment receipt.
Step 6: The applicant will have to print the acknowledgment receipt and according to checklist all Documents send it to the KCG either directly or by courier (all the documents should be selfattested).

Contact Us:

Kcg E-Mail Id: isel-kcg[at]gujgov[dot]edu[dot]in
Helpline No: 9909039380 (10:30 AM to 6:00 PM)

स्पष्टीकरण

myScheme पर प्रकाशित योजना सूचना से अतिरिक्त बिंदु (कानूनी सलाह नहीं)।

What is the objective of the "Interest Subsidy Scheme on Education Loan"?: The "Interest Subsidy Scheme on Education Loan" is a financial assistance initiative launched by the Education Department, Government of Gujarat, which provides 100% interest subsidy on education loans up to ₹10,00,000 during the moratorium period, covering the study period and one year after completion of the course.
Who is eligible to apply under the "Interest Subsidy Scheme on Education Loan"?: The applicant must be a resident of Gujarat, must have passed Standard 12th with at least 60 percentile, must have taken an education loan from a scheduled bank for higher education in India or abroad, and must have a family income not exceeding ₹6,00,000 per year.
What is considered as the moratorium period under the scheme?: The moratorium period under the "Interest Subsidy Scheme on Education Loan" includes the entire duration of the course for which the education loan is taken plus an additional 1 year after the completion of the course before repayment starts.
What is the maximum education loan amount covered under the scheme?: Under the "Interest Subsidy Scheme on Education Loan," the Government of Gujarat provides 100% interest subsidy for a maximum loan amount of ₹10,00,000/-.
Is the scheme applicable to students studying abroad?: Yes, the "Interest Subsidy Scheme on Education Loan" is equally applicable to students pursuing higher education abroad, provided they fulfill all eligibility criteria.
Can a student who is already availing another scholarship apply for this scheme?: A student who is availing benefits from another scholarship scheme cannot apply for the "Interest Subsidy Scheme on Education Loan".
Is there any requirement for income certificate validity?: Yes, the income certificate submitted under the "Interest Subsidy Scheme on Education Loan" must be valid for the financial year concerned and is considered valid for three years from the date of issue, after which a new income certificate must be obtained and submitted.
Where can an applicant apply for the scheme?: The applicant can apply for the "Interest Subsidy Scheme on Education Loan" only through the official online portal [https://isel.guj.nic.in](https://isel.guj.nic.in/) by completing registration, filling the online form, uploading documents, and submitting the application as per the given timeline.
What should the applicant do after submitting the online form?: After submitting the online form under the "Interest Subsidy Scheme on Education Loan," the applicant must visit the designated district help center within 7 days, get all original documents verified, submit one set of copies, and collect the acknowledgement receipt.
Whom can the applicant contact in case of queries?: In case of any query related to the "Interest Subsidy Scheme on Education Loan," the applicant can contact the nearest help center listed on the portal or call the helpline number 9909039380 during working hours, or visit Knowledge Consortium of Gujarat, Ahmedabad before the last date.

आधिकारिक लिंक

संदर्भ

आवेदन करें

अभी आवेदन करें

Education Loan Higher Education Interest Subsidy Abroad Study

आधिकारिक आवेदन या कार्यक्रम पोर्टल नए टैब में खुलता है। संदेह हो तो मंत्रालय की साइट पर विवरण सत्यापित करें।

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

Aadhaar Card
Income Certificate
Caste Certificate (if applicable)
Residence Proof
Bank Account Details
Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

Check eligibility criteria
Collect required documents
Fill the application form
Submit the application online or at the relevant office
Track application status

यह पृष्ठ सार्वजनिक व आधिकारिक स्रोतों से योजना सूचना का सार प्रस्तुत करता है। यह कानूनी, वित्तीय या व्यावसायिक सलाह नहीं है; अधूरी या पुरानी हो सकती है; तथा सरकारी अधिसूचनाओं का स्थान नहीं लेती। आवेदन या निर्भरता से पहले पात्रता, लाभ व आवेदन चरण आधिकारिक पोर्टल या परिपत्र पर अवश्य सत्यापित करें।

हिन्दी चुनने पर साइट पर मेनू, बटन, फ़िल्टर और जहाँ उपलब्ध हो श्रेणी नाम हिन्दी में दिखाए जाते हैं। योजना का मुख्य पाठ (शीर्षक, विवरण, पात्रता, दस्तावेज़ आदि) स्रोत की भाषा में रहता है—अक्सर अंग्रेज़ी—जब तक आधिकारिक द्विभाषी या हिन्दी संस्करण उपलब्ध न हो।