Interest Subsidy Scheme on Education Loan

About This Scheme

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.

Eligibility

1. The applicant must be a resident of Gujarat. 1. The applicant must be a student. 1. The applicant must have passed HSC (Higher Secondary Certificate) with at least 60 percentile. 1. The applicant must have taken an education loan from a recognized bank for pursuing higher education in India or abroad. 1. The applicant must have a family income not exceeding ₹6,00,000/- per year.

Benefits

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

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.