New Akanksha Scheme (Educational Loan) (GNDTDC)
State: Gujarat
Ministry: null
Department: Social Justice and Empowerment Department
Category: Education & Learning, Banking,Financial Services and Insurance
Beneficiary Type: Individual

Under the scheme, educational loans of up to ₹10 lakh are provided to students belonging to Nomadic and Denotified Tribes communities for pursuing higher professional and technical education at the graduate and postgraduate levels.

Benefits:
**1. Loan Amount:** The maximum loan limit for this scheme is up to ₹10,00,000/-.
**2. Included Expenses:** The loan amount will include the following:

- Admission and tuition fees
- Expenses for books, uniforms, essential materials, and exam fees
- Accommodation and food expenses
- Insurance – Policy premium

**3. Interest Rate:** 

- 4% per annum for male students
- 3.5% per annum for female students

**4. Contribution:** 

- 90% contribution from the Central Corporation,
- 5% from the State Government,
- 5% from the beneficiary

**5. Repayment Period:** 

- The loan will have to be repaid in 60 equal monthly installments including interest. 
- The loan will be recovered within 6 months of completion of the course or upon getting a job, whichever is earlier.

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Eligibility:
1. The applicant should be a resident of Gujarat.
1. The applicant should belong to the Nomadic Tribe or Denotified Tribe.
1. The applicant&#39;s family&#39;s annual income should not exceed ₹3,00,000/-.
1. The applicant should be pursuing one of the following courses:

- MBA or its equivalent (AICTE-approved course)
- MCA (Master of Computer Applications) or its equivalent (AICTE-approved course)
- Graduate-level engineering course approved by IIT/AICTE or any other approved professional graduate-level course
- Graduate-level medical course from a college recognized by the Medical Council of India
- Diploma course in Nursing

**Note:** At least 50% of the total loan amount will be allocated for families having an annual income of up to ₹1,50,000/-.
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Application Process:
[Online]
Step 1: Visit the Official Portal
Go to the Official Website Gujarat Nomadic and Denotified Tribes Development Corporation.
Scroll down on the homepage, find the "Educational Loan (New Akanksha Yojana)" and click on "Apply Now".
You will be directed to the application form.
Step 2: Access and Fill Out the Application Form
Complete all sections under "Applicant information," including full name, father/husband's name, gender, complete address details, contact numbers, Aadhaar No., parents/husband/guardian occupation and income details. Also provide Date of Birth, Age, Caste, and Subspecies. Also, if you are disabled and provide a percentage.
For each applicable qualification (SSC, HSC, Diploma, Degree, Graduation), tick the checkbox and fill in the Degree, Board/University Name, Academic year, and Percentage obtained.
Fill in details about the college/institution admitted to, university affiliation, course name, enrollment number, organisation address, website, course duration (in years and semester), and date of admission.
Specify who accredited the course/institution, their name, and address. Proof of accreditation must be submitted.
Select "Yes" or "No" for "Have you obtained admission through government-mandated admission?".
If staying in a hostel, provide the Hostel name, Hostel address, and Hostel contact number.
Fill in the requested loan amounts for Admission Fee, Tuition Fee, Examination Fee, Hostel Fee, Estimated cost of books/stationery, and Other fees.
List details of any physical assets owned (land, house, government property, NCC, LIC, KVP, etc.).
Indicate if anyone in the family works in a government/private sector job. If "Yes," provide Name, Designation, Place, and Salary details.
Fill in the Bank Account Number, select the Bank Name from the dropdown, provide the Branch Name, Name as per Account, select Bank Account Type (Saving/Current), and enter the MICR Code and IFSC Code.
Step 3: Review and Final Submission
Carefully review each module. Use the preview option to examine the application before final submission. Fill out the provided "CAPTCHA" and Click on “Submit”.
Track and Review Status
Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
Go to the Official Website Gujarat Nomadic and Denotified Tribes Development Corporation.
Scroll down and locate the Know App Status. Click on "Know App Status".
Select the Scheme name, Enter App No., and Birth Date. Fill out the Captcha and click on Submit.

Documents Required:
Aadhaar Number
Ration Number
Voter ID (Voter Identification Number)
Income Certificate
Educational Qualification Certificates (SSC, HSC, Diploma, Degree, Graduation)
University Information
Accreditation Proof (from the authority that accredited the course/institution)
Hostel Details (if applicable)
Admission Fee Details (for the entire course)
Tuition Fee Details
Examination Fee Details
Hostel Fee Details (Boarding and Food Expenses for the entire course)
Estimated Cost of Books, Stationery and Other Materials required for the course
Other Fees Details
Bank Account Details