Gujarat Unreserved Educational And Economic Development Corporation Owned Loan Scheme

By | 27 Jul, 2020

Sponsored Ads

Gujarat Unreserved Educational And Economic Development Corporation

Gujarat Unreserved Educational And Economic Development Corporation (GUEEDC) published notification for the Foreign Education Loan Scheme, Education Loan Scheme, Self-employment Loan Scheme, For More Detail Please Read Below Article.


 It is a good opportunity for all the interested candidates who are looking for Education Loan & Other Loan Scheme From Gujarat Unreserved Educational And Economic Development Corporation (GUEEDC). For more information related to Educational Qualification, Age Criteria, Selection Mode, Important Date and other Eligibility process please read the below article carefully. Also must read the official advertisement in detail before applying.


GUEEDC Loan Scheme

  • Education Scheme
  • Foreign Education Scheme
  • Self-employment Scheme
  • Food Bill Scheme
  • Tuition Help Scheme
  • Coaching Help Scheme for JEE-GUJCET-NEET Exams
  • Training Scheme for Competitive Exams
  • Interest Help Scheme for Graduate Doctor-Lawyer-Technical Graduate

Full Details Of All Scheme:

GUEEDC Education Loan Scheme


Scheme Format / Loan Assistance Standards: Self-contained undergraduate courses in medical, dental, vocational courses in the state, engineering, technology, pharmacy, architecture, ayurvedic, homeopathy, physiotherapy, veterinary, etc. , Except BAC, BA etc.,) Total tuition fee of the entire course or Rs.10.00 lakh whichever is less, the loan will be given by the corporation at simple interest of 5%.

The scheme will provide loans for undergraduate courses running in the state as well as for medical undergraduate, medical postgraduate and postgraduate courses in IIM, IIT, NID, NIFT, IRMA, TISS studying in the state and other states / UTs of India.

Eligibility Criteria : 90% or more in Std-12.

Interest rate : 5% interest per annum

Income Limit : The annual income limit of the family is Rs. 4.00 lakhs or less. The applicant should be of non-reserved class.

Eligibility and Lending Criteria for Educational Schemes:

  • Must have passed Std-12 from any school in the state of Gujarat with 80% or more.
  • Who will be eligible for a loan for a course accredited by the relevant council of that course.
  • The applicant should be from Gujarat and should be from non-reserved category.
  • Proof of admission to the relevant course will have to be submitted.
  • The interest rate on the loan will be 5% simple interest per annum. The same amount will be lent per year. Simple interest will be treated accordingly.
  • The widow and orphan beneficiary will have to give priority to the applicant.
  • Loans of those who drop out in the middle of the study or do not get the degree within the stipulated time limit will be eligible for simultaneous recovery as well as interest subsidy will not be available.
  • The annual income limit of the family for the educational loan schemes of the state will be 2.00 lakh or less.

Loan Guarantee / Document:


  • The total loan amount for the entire course is Rs. 3.50 lakh or less.
  • If the total loan amount of the entire course is more than Rs. 3.50 lakh, the total amount will have to be mortgaged in favor of one’s own or any other relative’s real estate corporation.
  • Each borrower will have to give five post dated checks signed in favor of the corporation.

Loan Repayment:

  • In case of total loan up to Rs. 3.00 lakh, the loan amount will have to be repaid with interest in equal monthly installments in 5 (five) years after 1 year of completion of the study.
  • In case of loan above Rs. 4.00 lakh, the loan amount has to be repaid with interest in equal monthly installments in 6 (six) years after 1 year of completion of the study.
  • The loan amount repaid will be credited at first interest.
  • The borrower can repay the loan even before the fixed time limit.


શૈક્ષણિક અભ્યાસ યોજના Details and Apply Online


શૈક્ષણિક અભ્યાસ યોજના

GUEEDC Foreign Education Loan Scheme

Scheme Format / Loan Assistance Standards: After Std-12 only MBBS, Bachelor (valid even if degree is obtained after Diploma) Postgraduate as well as Post Graduation Diploma or other equivalent course for non-reserved class students for higher studies abroad for a total of Rs. 13.00 lakh foreign study loan will be provided by the corporation.

Eligibility Criteria: 90% or more in Std-12.

Interest rate: Simple interest at 5% per annum.

Income limit: The annual income limit of the family is less than Rs. 3.00 lakh.

Loan Guarantee / Document:

  • The total loan amount for the entire course is Rs. 3.50 lakh or less
  • If the total loan amount of the entire course is more than Rs. 3.50 lakh, the total amount will have to be mortgaged in favor of one’s own or any other relative’s real estate corporation.
  • Each borrower will have to give five post dated checks signed in favor of the corporation

Loan Repayment:

  • In case of total loan up to Rs. 3.00 lakh, it will have to be paid in equal monthly installments in 5 (five) years after 1 year of completion of study.
  • In case of loan above Rs. 3.00 lakh, it will have to be paid in equal monthly installments in 6 (six) years after 1 year of completion of study.
  • The repayable loan money will have to be deposited at first interest.
  • The borrower can repay the loan even before the fixed time limit


વિદેશ અભ્યાસ લોન : Details and Apply Online


વિદેશ અભ્યાસ લોન

GUEEDC Food Bill Scheme

Scheme form / standards of assistance:

Students receiving unemployment classes are not available in the medical, dental, technical, para-medical and academic systems in their respective talukas and students who are studying outside the taluka, who are studying outside of the government / grant-in-school hostel, monthly income of Rs.1200 / – per month will be received for 10 months.

The girls hostels run by any society / trust / organization The girls studying in the 9th to 12th will also be entitled to the above mentioned food aid.

Income Limit: The annual family income limit will be Rs.4.50 lakh or less

ભોજન બીલ સહાય Details and Apply Online


ભોજન બીલ સહાય

GUEEDC Tuition Help Scheme

Scheme form / standards of assistance:

In the scheme of tuition assistance, school / college education or tuition fees are not available. Apart from the school, additional amount of tuition is taken as a part of the assistance

Students of non-reserved students have received 70% marks in standard 10 and tuition encouragement assistance of Rs.15,000 / – per annum will be given to scholars who are studying in the science stream in standard 1112.

Students with qualifications studied in any tuition / coaching classes administered by any society / trust / non-profit organization will be eligible for assistance as above.

Qualification Standards: 70% or more in Std-10 Only once a year, assistance will be available.

Income Limit: Family annual income limit is Rs.4.50 lakh or less.


કોચીંગ સહાય Details and Apply Online


કોચીંગ સહાય

GUEEDC Coaching Help Scheme for JEE-GUJCET-NEET Exams

Scheme form / standards of assistance:

For students of standard science stream 12th standard, after 12th standard, for the coaching of preparatory examination of entrance examination in engineering, such as JEE, GUJCET, NIT, 70% students in standard 10 have three years or more experience. The Coaching Assistance will be provided to the students for coaching in the amount of Rs.20,000 per annum or actual fee, whichever is less.

Eligibility standards: Must be 70% marks or more in standard 10.

Limitation: The annual family income limit is Rs.4.50 lakh or less.


જી, ગુજકેટ, નીટ પરીક્ષા માટે કોચીંગ સહાય. Details and Apply Online


જી, ગુજકેટ, નીટ પરીક્ષા માટે કોચીંગ સહાય

GUEEDC Training Scheme for Competitive Exams

Scheme form / standards of assistance:

UPSC, GPSC Class-1, Class-2 and Class-3, Secondary Services Selection Board, Panchayat Service Selection Board, Government of India Railway, Recognition for recruitment examinations in banks / trainees in the selected institutions / trainees who are studying in the selected institutions will be payable as per assistance of Rs.20,000 per trainee or the actual fee payable, whichever is less.

Eligibility standards: 60% or more in standard 12

Limitation: The annual family income limit is Rs.4.50 lakh or less.

સ્પર્ધાત્મક પરીક્ષા માટે તાલીમ સહાય Details and Apply Online


સ્પર્ધાત્મક પરીક્ષા માટે તાલીમ સહાય

GUEEDC Self-employment Loan Scheme

Scheme Format / Loan Assistance Standards:

  • Onroad unit cost for self-employed vehicles like rickshaws, loading rickshaws, Maruti Ecos, jeep-taxis etc.
  • For any self-employed business like business or grocery store, medical store, readymade garment store, bookstore etc. up to Rs.
  • Transport, Logistics, Travelers, Food Courts etc. will be eligible for 3% interest subsidy on a loan of Rs.

Lending criteria for self-employment schemes:

  • The applicant must have a valid license in the vehicle loan scheme.
  • The vehicle obtained will have to be mortgaged (hypothecated) towards the corporation.
  • The loan will have to be repaid in equal monthly installments of five years after three months of receipt of the vehicle.
  • The small business will have to start within three months of getting the loan and after three months after starting the business the loan will be recovered in an equal monthly installment of five years.
  • For a loan amounting to a total of Rs. 3.50 lakh or less, the beneficiary will have to incur a burden on his own or relative’s property worth one and a half times the loan amount.
  • If the total amount of the loan is more than Rs. 3.50 lakh, the total amount will have to be mortgaged in favor of oneself or any other relative’s real estate corporation.
  • Each borrower will have to give five post dated checks signed in favor of the corporation.

All self-employment schemes will also have the following qualifications:

  • The applicant should be a native of Gujarat and should be of non-reserved category.
  • The age of the applicant should be between 18 years to 60 years.
  • The interest rate on the loan will be 5% per annum, simple interest and 3% for women.
  • The same amount will be lent per year. Simple interest will be treated accordingly.

Interest rate: The interest rate on the loan will be 5% per annum for simple interest and 3% for women.

Income Limit: The annual income limit of the family is Rs. 4.00 lakhs or less.


સ્વરોજગારલક્ષી (વાહન લોન સહાય) : Details and Apply Online

સ્વરોજગારલક્ષી (નાના વ્યવસાય લોન સહાય) : Details and Apply Online

સ્વરોજગારલક્ષી (ટ્રાન્સપોર્ટ ટ્રાવેલ્સ વ્યાજ સહાય ) Details and Apply Online

GUEEDC Interest Help Scheme for Graduate Doctor-Lawyer-Technical Graduate

Scheme form / standards of assistance:

If you want to open your own clinic, laboratory, radiology clinic or office by a doctor, a lawyer, a technical graduate, non-resident class, then a loan of up to Rs 10 lakh will be given to 5 per cent interest on loan.

Accuracy:

There must be a necessary registration according to the rules for the business.

The applicant must be a resident of Gujarat. And should be non-reserved.

Applicant’s age must be 18 years to 50 years.

Proof of loan taken from the bank must be submitted.

Income Limit: Family annual income limit of Rs.6.00 lakhs below that below

સ્નાતક તબીબ,વકીલ, ટેકનીકલ સ્નાતક માટે વ્યાજ સહાય Details and Apply Online


સ્નાતક તબીબ,વકીલ, ટેકનીકલ સ્નાતક માટે વ્યાજ સહાય




Official Website

GUJARAT UNRESERVED EDUCATION & ECONOMIC DEVELOPMENT CORPORATION (GUEEDC) Official Website : https://gueedc.gujarat.gov.in/ To carry on various activities for overall development of community belonging to unreserved class by way of education, economic development and their social development in the State of Gujarat (except community belonging to scheduled tribe, scheduled caste, socially and economically backward class and their dependents and in accordance with the guidelines or schemes prescribed by the Central Government or by the State Government, either individually or in groups, whether directly or through some agency, in collaboration with the Ministries or Departments of the State/Central Government or such other Financial Institutions under relevant programs for economically and financially viable Schemes and Projects;

Importrant:“Please Always Check And Confirm The Above Details With The Official Website And Advertiement Notification

Leave a Reply

Your email address will not be published. Required fields are marked *