Sarkari Yojana
Financial Loan for Training of Commercial Pilot
About Financial Loan for Training of Commercial Pilot
The Social Justice and Empowerment Department, Government of Gujarat, started the “Financial Loan for Training of Commercial Pilot” scheme to help students from Socially and Educationally Backward Classes (SEBC) afford Commercial Pilot License (CPL) training. Students who satisfy the educational and institutional conditions for CPL training can borrow at a concessional rate of interest.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for Financial Loan for Training of Commercial Pilot, applicants must satisfy the following conditions:
Applicants must be from a Socially and Educationally…
Applicants must be from a Socially and Educationally Backward Class (SEBC).
Applicants must have cleared Matriculation, Higher Secondary, Indian…
Applicants must have cleared Matriculation, Higher Secondary, Indian School Certificate or an equivalent exam.
Applicants must satisfy every academic, technical and other…
Applicants must satisfy every academic, technical and other condition set by the training institution.
Applicants must furnish one solvent guarantor
Applicants must furnish one solvent guarantor.
The applicant or guardian must own property that…
The applicant or guardian must own property that can be mortgaged to the government.
Benefits Provided
Financial Loan for Training of Commercial Pilot provides the following benefits to eligible applicants:
Loan Amount:
A loan of up to ₹25,00,000 towards Commercial…
A loan of up to ₹25,00,000 towards Commercial Pilot License training. Interest Rate:
Simple interest at 4% per annum
Simple interest at 4% per annum. Penal Interest:
An extra 2.5% interest on delayed or defaulted…
An extra 2.5% interest on delayed or defaulted payments. Repayment Period:
Principal
Principal: repayable within 10 years of the disbursement date.
Interest
Interest: payable within 2 years, giving a combined repayment span of 12 years. NOTE: Recovery of the loan starts one year after the money is released to the student.
Documents Required
Applicants should keep the following documents ready before starting the application:
Certificate of caste
Certificate of caste
School leaving certificate
School leaving certificate
Family income certificate, IT Return and Form-16
Family income certificate, IT Return and Form-16
Copies of all educational certificates from Class 10…
Copies of all educational certificates from Class 10 up to the latest exam
Letter confirming admission
Letter confirming admission
Estimated cost of the training
Estimated cost of the training
For training abroad
For training abroad: copies of the trainee's passport, the visa for the country concerned and the air ticket
Property papers and valuation report of the trainee's…
Property papers and valuation report of the trainee's father/guardian
Guarantor
Guarantor: details of one solvent guarantor.
How to Apply
Online Application
Applicants can apply for Financial Loan for Training of Commercial Pilot through the online application process outlined below.
Application Process:
Go to the e-Samaj Kalyan Portal at https://esamajkalyan.gujarat.gov.in/
Go to the e-Samaj Kalyan Portal at https://esamajkalyan.gujarat.gov.in/
Under the ‘Citizen Login’ tab on the home…
Under the ‘Citizen Login’ tab on the home page, choose New User ‘Please Register Here’.
Provide your Full Name as shown on the…
Provide your Full Name as shown on the Aadhaar Card, Gender, Date of Birth, Aadhaar Card Number, Email ID, Caste and so on, then press ‘Register’.
Once registered, sign in with your User ID…
Once registered, sign in with your User ID and Password.
Select ‘User Profile’ to update your profile
Select ‘User Profile’ to update your profile.
Complete every mandatory field and press ‘Update’
Complete every mandatory field and press ‘Update’.
With the profile updated, choose the scheme shown…
With the profile updated, choose the scheme shown on the home page to open its application form.
Complete the form's mandatory details and upload the…
Complete the form's mandatory details and upload the relevant documents.
Accept the terms & conditions and press ‘Save…
Accept the terms & conditions and press ‘Save Application’.
Submit the form and print a copy to…
Submit the form and print a copy to keep. Note the application number so you can check its status by signing in with your User ID and Password. Citizen Help Manual NOTE: Two printed copies of the form, with documents, must be handed in at the relevant District Office. Post-Application Process:
The District Office checks the application and sends…
The District Office checks the application and sends it on to the Director, Office of Welfare of Developing Castes.
Applications that are incomplete are sent back to…
Applications that are incomplete are sent back to the student to be corrected.
After approval, the guardian must mortgage the property…
After approval, the guardian must mortgage the property to the government through a registered deed.
Once the original registered mortgage deed is submitted,…
Once the original registered mortgage deed is submitted, the loan is paid into the student’s bank account.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.