NASELGTKVN

New Akanksha Scheme (Educational Loan) (GTKVN)

6.4/10

Under this scheme, education loans are provided at subsidized interest rates to students belonging to Thakor and Koli communities for pursuing graduate and postgraduate studies in fields such as engineering, medical, MBA, and MCA.

State Cash

States / UT: Gujarat

Nodal department: Social Justice and Empowerment Department

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Categories: Education & Learning, Banking,Financial Services and Insurance

Sub-categories: Scholarships and student finance, Universities and higher education, Loan

Target beneficiaries: Individual

Tags: Professional Education, Technical Education, Graduate, Postgraduate, Education Loan, Thakor Caste, Koli Caste

Details

The "New Akanksha Scheme (Educational Loan)" is implemented by the Gujarat Thakor and Koli Vikas Nigam (GTKVN) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to provide financial support for higher technical and professional education to students belonging to Thakor and Koli communities. Under this scheme, loans are provided at subsidized interest rates to students for pursuing graduate and postgraduate studies in fields such as engineering, medical, MBA, and MCA.

Benefits

  • 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

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.

Eligibility

  1. The applicant should be a resident of Gujarat.
  2. The applicant should belong to the Thakor or Koli caste/community.
  3. The family's annual income should not exceed ₹3,00,000/-.
  4. The applicant should have secured admission in a recognized institution for:
  • MBA or equivalent (approved by AICTE)
  • MCA (Master of Computer Applications or equivalent)
  • Undergraduate Engineering programs (approved by AICTE/IITs)
  • MBBS or equivalent (approved by Medical Council of India)

Note: At least 50% of the total sanctioned loan amount will be reserved for applicants from families earning up to ₹1,50,000 annually.

Exclusions

  • Loan is not eligible in case of admission obtained under management quota.

How useful is this scheme?

Public benefit analysis

A practical look at this scheme for citizens

AI-generated insights showing how useful, accessible, and practical this scheme may be — combining deterministic scoring rules with a public-policy LLM analyst.

6.4
/ 10
Public Benefit Score
Accessibility 6.0/10 Moderate
Rural usefulness 4.0/10 Moderate
Application complexity 5.5/10 Moderate
Financial impact 9.5/10 Good
Literacy barrier 6.0/10 Moderate
Women inclusivity 8.0/10 Good
Awareness 4.5/10 Moderate
Implementation reliability 7.0/10 Good
Bigger shape means a better fit for citizens
  • Accessibility6.0
  • Financial impact9.5
  • Rural utility4.0
  • Awareness4.5
  • Simplicity4.5
  • Inclusivity8.0

What problem does this scheme solve?

The New Akanksha Scheme provides essential financial support for students from Thakor and Koli communities in Gujarat, facilitating access to higher education.

Key challenges addressed

  • Financial barriers to higher education for marginalized communities

Most beneficial for

  • Students from Thakor and Koli communities
  • Female students due to lower interest rates

Likely challenges

  • Digital literacy and access issues
  • Awareness among potential beneficiaries

Practical insights for citizens

The scheme is practical but may face challenges in rural outreach and digital access.

Rural challenges

  • Limited internet access
  • Lack of awareness about the scheme

Digital challenges

  • Dependence on digital literacy for application

Implementation bottlenecks

  • Verification of caste and income may delay processing

Awareness challenges

  • Low awareness in rural areas about eligibility and benefits

Application analysis

Application mode
Online portal
Documents burden
Moderate, requires several documents
Verification complexity
Moderate, involves income and caste verification
Office dependency
None, fully online
DBT dependency
None
CSC support
Limited, as it is fully online
Estimated citizen effort
High, due to multiple steps in the application process

Estimated beneficiary reach

  • Rural / urban reach Moderate
  • Gender reach Inclusive
  • Target income group Families earning up to ₹3,00,000 annually
  • Occupation reach Students pursuing higher education

Benefit analysis

Benefit type
Cash
Benefit frequency
One-time loan disbursement
Benefit practicality
High, as it covers various educational expenses
Financial meaningfulness
High, with loans up to ₹15,00,000
Long-term impact
Positive, as it supports higher education and skill development

Plain-language guidance

The New Akanksha Scheme offers education loans to students from Thakor and Koli communities in Gujarat at low interest rates. It helps cover costs for higher education in various fields.

Who should apply
Students from Thakor and Koli communities in Gujarat seeking higher education.
Who may struggle
Individuals with low digital literacy or access to the internet.
Best application route
Apply directly through the official online portal.

This intelligence section is generated by an AI policy analyst combined with rule-based scoring. Scores and narrative are estimates derived from the publicly available scheme information shown on this page; actual experience may vary by state, district, and department. Always confirm details on the official portal before you apply.

Application Process

Online

Step 1: Visit the official website of the Gujarat Thakor and Koli Vikas Nigam.
Step 2: On the top menu bar, click on "Apply Now".
Step 3: Click on the loan scheme name.
Step 4: Select the loan category and fill in the loan amount.
Step 5: Fill out the Application Form, enter the following details:

  • Personal Information: Name, gender, date of birth, caste, etc.
  • Address Information: Permanent and correspondence address
  • Income Details: Monthly family income and source
  • Loan Requirement: Amount needed, proposed use (e.g., business, self-employment)
  • Bank Account Details: For loan disbursement

Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.

Clarifications

Additional points from the scheme information published on myScheme (not legal advice).

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.

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.

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).

References

Guidelines
https://sje.gujarat.gov.in/gtkvn/Schemes/1460?lang=English
Scheme Details
https://mariyojana.gujarat.gov.in/Schemeatoz.aspx

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Frequently asked questions

What is the purpose of New Akanksha Scheme (Educational Loan) (GTKVN)?
New Akanksha Scheme (Educational Loan) (GTKVN) is a government welfare initiative designed to support Individual, Individual through benefits related to Education & Learning, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.
Who can apply for New Akanksha Scheme (Educational Loan) (GTKVN)?
Eligibility for New Akanksha Scheme (Educational Loan) (GTKVN) may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.
What benefits are offered under New Akanksha Scheme (Educational Loan) (GTKVN)?
Benefits under New Akanksha Scheme (Educational Loan) (GTKVN) may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.
Which department manages New Akanksha Scheme (Educational Loan) (GTKVN)?
New Akanksha Scheme (Educational Loan) (GTKVN) is managed by Social Justice and Empowerment Department and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.
Can users apply online for New Akanksha Scheme (Educational Loan) (GTKVN)?
Yes, eligible applicants may be able to apply online for New Akanksha Scheme (Educational Loan) (GTKVN) through official government portals, authorised service centres, or digital application systems depending on the implementation process.
Is Aadhaar mandatory for New Akanksha Scheme (Educational Loan) (GTKVN)?
Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.
Where can users apply for New Akanksha Scheme (Educational Loan) (GTKVN)?
Applications for New Akanksha Scheme (Educational Loan) (GTKVN) may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.
What documents may be required for New Akanksha Scheme (Educational Loan) (GTKVN)?
Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.
Is income certificate required for New Akanksha Scheme (Educational Loan) (GTKVN)?
Income certificate requirements may vary depending on beneficiary category, subsidy eligibility, and financial assistance criteria defined under New Akanksha Scheme (Educational Loan) (GTKVN).
Is New Akanksha Scheme (Educational Loan) (GTKVN) available in all states?
No, New Akanksha Scheme (Educational Loan) (GTKVN) is primarily available for eligible residents of Gujarat and may be implemented through state government departments and local administrative offices.
Can residents outside Gujarat apply for New Akanksha Scheme (Educational Loan) (GTKVN)?
Eligibility for New Akanksha Scheme (Educational Loan) (GTKVN) is generally limited to residents of Gujarat unless otherwise specified in the official scheme guidelines.
Can students apply for New Akanksha Scheme (Educational Loan) (GTKVN)?
Eligible students studying in recognised institutions may apply for New Akanksha Scheme (Educational Loan) (GTKVN) depending on educational qualification, category, income limit, and academic eligibility.
Is scholarship amount provided under New Akanksha Scheme (Educational Loan) (GTKVN)?
New Akanksha Scheme (Educational Loan) (GTKVN) may provide scholarship assistance, tuition support, educational reimbursement, or financial aid for eligible students.
Does New Akanksha Scheme (Educational Loan) (GTKVN) provide healthcare or insurance support?
New Akanksha Scheme (Educational Loan) (GTKVN) may provide healthcare assistance, insurance coverage, cashless treatment support, medical reimbursement, or hospital-related benefits depending on the scheme structure.
Can beneficiaries use New Akanksha Scheme (Educational Loan) (GTKVN) at government hospitals?
Eligible beneficiaries may be able to access services at empanelled hospitals, government healthcare facilities, or authorised healthcare providers depending on scheme participation rules.
Can CSC centres help users apply for New Akanksha Scheme (Educational Loan) (GTKVN)?
Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.
How can users check the latest updates for New Akanksha Scheme (Educational Loan) (GTKVN)?
Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
Can beneficiaries track application status for New Akanksha Scheme (Educational Loan) (GTKVN)?
Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
Where can users get help for New Akanksha Scheme (Educational Loan) (GTKVN) in Gujarat?
Users in Gujarat may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.
Which nearby public services may help with New Akanksha Scheme (Educational Loan) (GTKVN) applications?
Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.