Loan For Foreign Study | Abhyas Loan Sahay Online Form Gujarat | Easy to apply form 2022-23

Loan For Foreign Study

Loan For Foreign Study | Study Abroad Loans | Foreign Education Loan Scheme | Videsh Abhyas Loan Sahay Online Form Gujarat | Loans for students to study abroad. Samaj Kalyan Yojana | Foreign Education Load Scheme. Unreserved Scheme

Loan For Foreign Study Gujarat Non-Reserved Educational and Economic Development Corporation (GUEEDC) works to understand the plight of non-reserved classes. Understands the problems of non-reserved class and recommends to the Government for solution. After studying various schemes related to social welfare, Bin-Anamat prepares recommendations of welfare schemes for classes. The Non-Reserved Class Commission runs various welfare schemes such as educational study scheme loans, meal bill assistance, coaching assistance (tuition assistance), Coaching assistance for JEE, GUJCET, NEET exams, training assistance for competitive exams and foreign study loan etc.

Loan For Foreign Study

Loan For Foreign Study Clean students of non-reserved caste in the state can get good and higher education abroad and the study is implemented by the Government of Gujarat for the purpose of helping the economic situation. By Gujarat Unreserved Educational & Economic Development Corporation

Loan For Foreign Study Loan eligibility

● For MBBS after Std-12, Bachelors (valid even if degree is obtained after Diploma)

●For Master’s Course as well as Post Graduation Diploma or similar course. A total of Rs. 15 lakhs for higher studies abroad for any type of research such as technical, paramedical, professional etc.

● Those who have 60℅ or more in standard-12 have this Get the benefit of the scheme.

● If the annual income of the family is less than Rs.6,00,000

Loan For Foreign Study How much to get a loan

Loan For Foreign Study Within the total limit of 15 lakhs (fifteen lakhs) for higher studies abroad under Loan For Foreign Study scheme The limit is payable at 4% simple interest.

Loan For Foreign Study Document to take loan

Bin anamat aayog sets the policy for students to take loans for study abroad. To take a loan of non-reserve scheme Determined documents are defined as follows.

1. Prescribed sample application form

2. Certificate of non-reserved class

3. Copy of Aadhaar card

4. Certificate of income

5. Admission letter

6. Copy of marksheet of standard-12 and above studies

7. Marksheet of standard 10 and 12

8. School Leaving Example (LC)

9. Copy of passport

10. Visa Copy

11. Air Ticket

12. Proof of Fees to be paid / paid every year

13. Copy of first page of applicant’s bank passbook

14. Mortgage / burden note and 5 bank checks

15. Consent letter for property mortgage as per appendix-3

16. Approval of the guarantor and property valuation report and grounds of property as per Appendix-1.

Documents/Guarantee for Bin-Anamat Loan

  • The total loan amount for the entire course is Rs. 7.50 lakhs or less The student applying for the loan is worth one and a half times the loan amount The burden must be placed on one’s own or relative’s property.
  • Each borrower will have to give 5 (five) post dated checks signed in favor of the corporation (for the corporation).

The total loan amount for the full course is Rs. 7.50 lakhs If more than the total amount of own or The immovable property of any other relative will have to be mortgaged in favor of the corporation.

Loan For Foreign Study Where to apply for a loan

To take a foreign study loan operating as a non-reserve loan, the applicant student has to go to the following website and fill the online form before going abroad. After filling the online form, the required documents have to be uploaded on the website.

Loan For Foreign Study Loan repayments

  • One in 5 (five) years after completion of the course of total loan up to Rs. 5.00 lakhs The same monthly installments have to be paid.
  • In case of loan above Rs. 5.00 lakhs, it will have to be repaid in equal monthly installments in 6 (six) years after 1 year of completion of the course.
  • The money paid will have to be credited as interest on the first money.
  • Even before the time limit fixed by the student taking foreign study loan Will also be able to repay the loan.

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