Loan For Commercial Pilot Training

Description
The "Loan For Commercial Pilot Training" scheme was launched by the Tribal Development Department, Government of Gujarat. The scheme aims to support Scheduled Tribe ST students in pursuing professional pilot training by providing affordable loans. Under this scheme, tribal students can avail a loan at a concessional interest rate, enabling them to secure high-quality training and good employment opportunities.

Benefits
• Monetary Benefit
• Loan of up to ₹25,00,000 or the actual cost of training, whichever is lower.
• Interest Rate
• 4% per annum.
• Penalty Interest
• 2.5% per annum on delayed repayments.
• Beneficiary Contribution
• No contribution is required from the applicant.
• Repayment Terms
• Repayment begins 1 year after the loan disbursement date.
• Repayment period is 144 monthly installments (12 years).
• Includes 10 years for principal repayment and 2 years for interest repayment.
• Early repayment is permitted.

Eligibility Criteria
1. The applicant must be a resident of Gujarat.
2. The applicant must be a student.
3. The applicant must belong to the Scheduled Tribe (ST) category.
4. The applicant must have passed Matriculation, Higher Secondary, Indian School Certificate, or an equivalent examination.
5. The applicant must have secured admission to a recognized commercial pilot training institute.
6. The applicant should have passed Higher Secondary Certificate (HSC).
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Application Process
Step 1: Visit the Gujarat Tribal Development Corporation official website.
Click on the "APPLY FOR LOAN".
Select the scheme name "Foreign Study".
Fill the registration form: Full Name (as per Aadhaar Card), Gender, Date of Birth, Aadhaar Number, Mobile Nu…
Online

Visit the Gujarat Tribal Development Corporation official website.
Click on the "APPLY FOR LOAN".
Select the scheme name "Foreign Study".
Fill the registration form: Full Name (as per Aadhaar Card), Gender, Date of Birth, Aadhaar Number, Mobile Number, Uder name, Password for login, Confirm Password.
Click on the "Sign Up.
After successful registration, User ID and Password will be generated.
Enter User ID, Password, and Captcha Code.
After login, schemes applicable to your caste will be displayed.
Click on the scheme you want to apply for.
Fill the "Application Form" and upload the required documents
Click Save Application. The system will generate an Application Number.
Click Print Application.

Required Documents
• 7/12 Certificate
• Affidavit
• Birth Certificate
• Certificate of Professional Course
• Relevant Marksheets
• Fees Receipt
• Aadhaar Card
• Bank Passbook/Cancelled Cheque
• Caste Certificate
• Passport-size Photo
• Ration Card
• School Leaving Certificate

Frequently Asked Questions
Q: Who is eligible for the scheme?
A: Only Scheduled Tribe (ST) students of Gujarat who have secured admission to a recognized pilot training institute.
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Q: What is the maximum loan amount available?
A: ₹25,00,000 or the actual cost of training, whichever is lower.
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Q: Is there any income limit for applying?
A: No, there is no income limit.
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Q: What happens if the loan repayment is delayed?
A: A penalty interest of 2.5% per annum is applicable.
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Q: When does repayment of the loan start?
A: 1 year after loan disbursement.
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Q: Can the loan be repaid early?
A: Yes, early repayment is allowed.
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Q: Is any contribution required from the applicant?
A: No, the beneficiary does not have to contribute.
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Q: What is covered under the loan?
A: Tuition and training fees for commercial pilot license training.
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Q: Where can the application be submitted?
A: On the Gujarat Adivasi Vikas Nigam [online portal](https://adijatinigam.gujarat.gov.in/home).
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Q: What documents are mandatory?
A: Aadhaar, Caste Certificate, Educational Certificates, Admission Proof, Fee Receipt, Bank Details, among others.
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Q: Can students from non-tribal communities apply?
A: No, only Scheduled Tribe students are eligible.
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Q: Is the scheme available across Gujarat?
A: Yes, it applies to all tribal areas within the state.
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