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Loan Sahay Yojana Gujarat

Interest Subsidy Scheme on Education Loan Sahay Yojana Gujarat. Government of Gujarat has announced

scheme to give 100% interest subsidy on education loan till moratorium period (one year of course and one year more) for supporting financially weak students.



“Mukyamantri Yuva Swavalamban Yojana” has already been implemented from the academic year 2015-16 to provide financial support and equitable opportunities to the bright and needy students for attaining higher education and development of their career. In addition to “Mukyamantri Yuva Swavalamban Yojana” Government of Gujarat has launched “ Interest Subsidy Scheme on Education Loan Sahay Yojana Gujarat” for students who are not benefited from “Mukyamantri Yuva Swavalamban Yojana” and taken loan to study in the country or abroad. Government of Gujarat will provide benefit of 100% interest subsidy on education loans for Moratorium Period (for the period of the course and one more year) on loan of maximum up to Rs10.00 lakh.

Those students who got 60 percentile or more in standard 12 and whose parents income is less than or equal to 6.00 lakh, to help those students in interest subsidy till moratorium period, government has approved the expense of Rs.500.00 (Rupees Five hundred and fifty thousand) lakh in budget 2017-18 under administrative approval.

 1. Details about the Scheme Interest Subsidy Scheme on Education Loan Sahay Yojana Gujarat

Gujarat government Scheme to provide interest subsidy on education loan for the period of moratorium will be available to those students who are bright and needy but economically weak. All Yojana List

According to the Government Resolution,

1) The student who have passed standard 12 after year 2012 with 60 or more percentile

2) Student who have passed 12th standard examination from GHSEB before year 2011, where no percentile shown in the mark sheet, they can apply on percentage bases.

3) Student who has enrolled in diploma course after 10th standard and then taken admission in graduation or post-graduation who don’t have 12th standard mark sheet, they can apply on bases of CPI/CGPA/Percentage (60 or more) mentioned in their mark sheet.

4) Whose family income is not more than 6.00 lakh

5) Who had taken loan from scheduled banks to pursue higher Education studies in India or abroad are only eligible for this scheme.

Interest Subsidy Scheme on Education Loan Sahay Yojana Gujarat : Click Here

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