Loan assistance to Scheduled Caste students for pilot training.
Ministry of Education, Gujarat
Under this scheme, Loan is given to Scheduled Caste students for pilot
To get the Scheduled Caste students trained and prepare as Pilots.
No income limit.
Student should have passed SSC pass or more.
Pattern of Assistance:
Rs. 25 lakhs as loan at the rate of interest at 4% p.a. Conditions:
- Loan repayment commences after one year from the date of
disbursement of the loan amount.
- Loan is to be repaid within 10 years by equal monthly installments
and if so desired by the candidate, in quarterly installments with
- After repayment of entire loan amount, the interest payable thereon
shall also be paid in the same fashion.
- Penal interest at the rate of 2.5% shall be charged on default of
repayment of loan regularly.
- In case of default in repayment of installments including penal
interest, all overdue amounts recoverable with other expenses shall be
recovered through Revenue Recovery procedure.
How To Apply
Department of Social Justice & Empowerment, Gujarat
Date of Launch
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