Sarkari Yojana
Loan For Foreign Study (S.E.B.C.)
About Loan For Foreign Study (S.E.B.C.)
The Social Justice and Empowerment Department, Government of Gujarat, runs the “Loan for Foreign Study (S.E.B.C.)” scheme for students of the Socially and Educationally Backward Class (S.E.B.C.) who want to study abroad. It offers loans of up to ₹15,00,000/- (Rupees Fifteen Lakh) for higher education in foreign countries. Students submit their applications online through https://esamajkalyan.gujarat.gov.in/.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for Loan For Foreign Study (S.E.B.C.), applicants must satisfy the following conditions:
Membership of the Socially and Educationally Backward Class…
Membership of the Socially and Educationally Backward Class (S.E.B.C.) is a must.
The family's yearly income should be below ₹10,00,000/-…
The family's yearly income should be below ₹10,00,000/- (Rupees Ten Lakh).
Students need 60% or more in their 12th…
Students need 60% or more in their 12th standard examination.
For Notified Tribes/De-notified Tribes (NT/DNT), More Backward, or…
For Notified Tribes/De-notified Tribes (NT/DNT), More Backward, or Extremely Backward categories, the minimum is 50% marks.
Only studies abroad qualify
Only studies abroad qualify.
Eligible programmes are Diploma, Graduate, Post Graduate, Post…
Eligible programmes are Diploma, Graduate, Post Graduate, Post Graduate Diploma, Doctor of Philosophy (Ph.D.), or higher-level courses in any discipline.
The programme should last a minimum of 1…
The programme should last a minimum of 1 (one) academic year or more, or two semesters at least.
The application has to be filed either before…
The application has to be filed either before departure or within six months after arrival abroad.
A single solvent guarantor must be furnished
A single solvent guarantor must be furnished.
Benefits Provided
Loan For Foreign Study (S.E.B.C.) provides the following benefits to eligible applicants:
Financial Assistance
For overseas higher education, a Foreign Study Loan…
For overseas higher education, a Foreign Study Loan of at most ₹15,00,000/- is available.
The interest rate is 4% simple, calculated annually
The interest rate is 4% simple, calculated annually.
Air tickets, registration fees, tuition fees, education fees,…
Air tickets, registration fees, tuition fees, education fees, hostel fees, books, and other expenses of the first year abroad can be met from the loan. Disbursement Conditions
Students receive the whole ₹15,00,000/- in a single…
Students receive the whole ₹15,00,000/- in a single installment.
Payment is credited to the student's bank account…
Payment is credited to the student's bank account after the original registered mortgage deed has been handed in. Post-Selection Obligations
On receiving the sanction order, the parent or…
On receiving the sanction order, the parent or guardian must get the prescribed mortgage deed form from the District Office.
The property put up by the parent/guardian or…
The property put up by the parent/guardian or guarantor must be registered as mortgaged to the government.
Repayment of the loan starts a year after…
Repayment of the loan starts a year after the student's studies end.
The borrower may repay in monthly or quarterly…
The borrower may repay in monthly or quarterly installments.
Repayment of principal must be completed within 10…
Repayment of principal must be completed within 10 years at most.
Repayment of interest must be completed within 2…
Repayment of interest must be completed within 2 years at most.
The student is responsible for finishing all documentation…
The student is responsible for finishing all documentation within the prescribed time limit.
Documents Required
Applicants should keep the following documents ready before starting the application:
During Application
Caste Certificate of the student
Caste Certificate of the student.
Income Certificate of the family
Income Certificate of the family.
Copy of Income Tax Return
Copy of Income Tax Return.
Form-16 of the earning member
Form-16 of the earning member.
Mark Sheet of qualifying exam
Mark Sheet of qualifying exam.
Degree Certificate obtained
Degree Certificate obtained.
Letter of Acceptance/Offer Letter issued by the Foreign…
Letter of Acceptance/Offer Letter issued by the Foreign University.
Copy of the Student's Passport
Copy of the Student's Passport.
Copy of the Student's Visa issued by the…
Copy of the Student's Visa issued by the Foreign Country.
Copy of the Air Ticket
Copy of the Air Ticket.
Property Documents and Valuation Report of the Parents/Guardian
Property Documents and Valuation Report of the Parents/Guardian. For Loan Disbursement
Registered Mortgage Deed in Original (to be given…
Registered Mortgage Deed in Original (to be given after approval for releasing the loan).
How to Apply
Online Application
Applicants can apply for Loan For Foreign Study (S.E.B.C.) through the online application process outlined below.
Registration
Go to the official eSamajkalyan website
Go to the official eSamajkalyan website.
On the right side of the home page,…
On the right side of the home page, select "New User? Please Register Here!". The Registration Form will then appear.
Enter details in all compulsory fields, key in…
Enter details in all compulsory fields, key in the captcha code, and click "Submit". A popup will announce successful registration along with your login User ID. Application
Head back to the eSamajkalyan website and log…
Head back to the eSamajkalyan website and log in through the "Citizen Login" box on the right of the home page using your User ID, Password and the Captcha Code.
Use the "Corporation" menu in the top ribbon…
Use the "Corporation" menu in the top ribbon and select "Gujarat State Divyangjan Finance and Development Corporation"; from the schemes listed, choose the one you are applying for.
On the online application form that opens, complete…
On the online application form that opens, complete the mandatory fields and upload the mandatory documents in the required format and size. Review the entries and uploads with care and fix any mistakes.
Submit the application, note the Application Number shown…
Submit the application, note the Application Number shown in the confirmation message, and print the form if you wish.
After submitting online, print the final form and…
After submitting online, print the final form and prepare two matching physical copies of the complete application, each with all uploaded documents enclosed. Deposit both at the student's District Office (District Social Welfare Officer (Developing Castes)).
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.