Sarkari Yojana
Loan For Foreign Study (E.B.C.)
About Loan For Foreign Study (E.B.C.)
Under the “Loan for Foreign Study (E.B.C.)” scheme, the Social Justice and Empowerment Department, Government of Gujarat, helps students from the Educationally Backward Class (E.B.C.) finance higher education overseas. Students can borrow as much as ₹15,00,000/- (Rupees Fifteen Lakh) for studies in foreign countries, and applications are made online at https://esamajkalyan.gujarat.gov.in/.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for Loan For Foreign Study (E.B.C.) , applicants must satisfy the following conditions:
Applicants have to be from the Educationally Backward…
Applicants have to be from the Educationally Backward Class (S.E.B.C.).
Family income must be under ₹10,00,000/- a year
Family income must be under ₹10,00,000/- a year.
A score of at least 60% in 12th…
A score of at least 60% in 12th standard is required.
Students from Notified Tribes/De-notified Tribes (NT/DNT), More Backward,…
Students from Notified Tribes/De-notified Tribes (NT/DNT), More Backward, or Extremely Backward categories need at least 50% marks.
The higher education must be pursued abroad
The higher education must be pursued abroad.
Diploma, Graduate, Post Graduate, Post Graduate Diploma, Doctor…
Diploma, Graduate, Post Graduate, Post Graduate Diploma, Doctor of Philosophy (Ph.D.), or higher-level courses in any field are covered.
Courses must run for at least 1 (one)…
Courses must run for at least 1 (one) academic year or more, or a minimum of two semesters.
Students must apply before going abroad or within…
Students must apply before going abroad or within six months of reaching there.
One solvent guarantor has to be provided
One solvent guarantor has to be provided.
Benefits Provided
Loan For Foreign Study (E.B.C.) provides the following benefits to eligible applicants:
Financial Assistance
Students can get a Foreign Study Loan of…
Students can get a Foreign Study Loan of up to ₹15,00,000/- for higher education abroad.
Simple interest at 4% a year is charged…
Simple interest at 4% a year is charged on the loan.
It pays for items such as air tickets,…
It pays for items such as air tickets, registration fees, tuition fees, education fees, hostel fees, books, and other first-year expenses of the overseas course. Disbursement Conditions
The entire ₹15,00,000/- loan is released in one…
The entire ₹15,00,000/- loan is released in one installment.
Funds reach the student's bank account once the…
Funds reach the student's bank account once the original registered mortgage deed is submitted. Post-Selection Obligations
When the sanction order arrives, the student's parent…
When the sanction order arrives, the student's parent or guardian has to collect the prescribed mortgage deed form from the District Office.
Property offered by the parent/guardian or the guarantor…
Property offered by the parent/guardian or the guarantor has to be mortgaged in the government's favour through registration.
Repayments start one year after the student completes…
Repayments start one year after the student completes the course.
Installments can be monthly or quarterly
Installments can be monthly or quarterly.
The principal has to be cleared within no…
The principal has to be cleared within no more than 10 years.
The interest has to be cleared within no…
The interest has to be cleared within no more than 2 years.
All paperwork must be completed by the student…
All paperwork must be completed by the student within the prescribed time limit.
Documents Required
Applicants should keep the following documents ready before starting the application:
During Application
Certificate of Caste
Certificate of Caste.
Certificate of Family Income
Certificate of Family Income.
Income Tax Return filed
Income Tax Return filed.
Form-16
Form-16.
Mark Sheet
Mark Sheet.
Certificate of Degree
Certificate of Degree.
Offer Letter/Letter of Acceptance from the Foreign University
Offer Letter/Letter of Acceptance from the Foreign University.
Student's Passport (copy)
Student's Passport (copy).
Student's Visa for the Foreign Country (copy)
Student's Visa for the Foreign Country (copy).
Air Ticket (copy)
Air Ticket (copy).
Property Documents of Parents/Guardian, with a Valuation Report
Property Documents of Parents/Guardian, with a Valuation Report. For Loan Disbursement
Original Registered Mortgage Deed, needed after approval to…
Original Registered Mortgage Deed, needed after approval to release the loan.
How to Apply
Online Application
Applicants can apply for Loan For Foreign Study (E.B.C.) through the online application process outlined below.
Registration
Open the eSamajkalyan Official Website
Open the eSamajkalyan Official Website.
Click "New User? Please Register Here!" in the…
Click "New User? Please Register Here!" in the right pane of the home page. This opens the Registration Form.
Complete every mandatory field, type the captcha code,…
Complete every mandatory field, type the captcha code, and press "Submit". A popup confirms the registration and shows the User ID to log in with. Application
Return to the eSamajkalyan Official Website, enter your…
Return to the eSamajkalyan Official Website, enter your User ID, Password and Captcha Code in the "Citizen Login" section on the right of the home page, and press "Login".
From the top ribbon, open the "Corporation" menu…
From the top ribbon, open the "Corporation" menu and choose "Gujarat State Divyangjan Finance and Development Corporation" to see its list of schemes, then pick the scheme you want.
The scheme's online form opens
The scheme's online form opens. Fill in all mandatory fields, upload the mandatory documents in the stated format and size, then check everything carefully and correct any errors.
Press "Submit"
Press "Submit". After the confirmation message appears, record your Application Number; you may also print the submitted form.
Once submitted online, print the final application form…
Once submitted online, print the final application form and make two identical physical sets of the full application with copies of every uploaded document attached. Both sets must be deposited at the District Office (District Social Welfare Officer) relevant to the student.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.