What is Gujarat Government 4% Education Loan?

The Gujarat Government 4% Education Loan is a financial assistance scheme provided by the Gujarat Government to help students from economically weaker sections to pursue higher education in India and abroad.amount can vary based on the lender’s policy and the borrower’s profile.

Purpose – To provide affordable education loans at a subsidized interest rate of 4% per annum to students for pursuing higher education in India or abroad.

Collateral Requirement – Under this scheme, the applicant must provide property as collateral with a minimum valuation of
₹22.50 lakh.

Education Loans with ROI just 4% To Study Abroad

Low-Interest Burden

The interest rate is just 4% per annum, making the loan extremely affordable. This helps reduce the overall repayment amount and makes EMIs manageable.

Moratorium Options

Some schemes offer a moratorium period where no repayment is required for a fixed time. This helps borrowers focus on studies or business setup before starting repayment.

Flexible Repayment Terms

Some government loan schemes offer grace periods or delayed EMIs. Borrowers get enough time to become financially stable before repaying.

Fundamentals of Loan Scheme

  • This scheme is for resident of Gujarat territory only (must have ration card of Gujarat Government)
  • Education Loan up to 15 lakh
  • Also available for undergraduate course
  • Moratorium Period: Study Period + 1 year
  • Simple interest (No interest on unpaid interest amount)
  • Loan offered by direct Gujarat government authorities
  • Loan amount can be received only after VISA approval
  • To study in any country (including India, Russia, Europe countries)

Basic requirements

  • Minimum 60% and above in HSC or diploma
  • Educational gap is not acceptable more than 5 years
  • Family income is not more than 6 lakh
  • Property compulsory, any sale deed or 7-12

Benefits of Gujarat Government 4% Education Loan

Low Interest Rate

At just 4% interest, this loan is much cheaper than personal loans or regular bank loans, which often have higher interest rates (10-15%).

Low EMI payments make repayment easier.

Financial Relief

Since interest rates are low, there is less worry about accumulating debt.

This gives mental peace and better control over finances.

Long Repayment Tenure

Repayment tenure is usually longer (5-15 years), making it easier to repay in small EMIs.

Boosts Career and Business Growth

A 4% government education loan gives students the financial support they need to pursue higher studies in India or abroad. It helps them focus on their education without worrying about high fees, eventually leading to better career opportunities and higher income potential.

Easy Eligibility

Government education loans at 4% interest are designed to be accessible for all.

Students from low-income or middle-class families can qualify with minimal documentation and a confirmed admission letter.

Support From LoanSetu

  • As a consultant, we stay with student at each and every steps of loan procedure at initial level that saves lots time of students
  • We guide students as well as his guardian for smooth process
  • With the help of LoanSetu, you can get disbursement process easily and fast
  • We preparing the documentation part very properly, so there is no chance of getting queries from the government.
  • If any queries come from the government during the process, We helps in resolving them quickly and providing the right documents.
  • we helps at every step of the loan process to make it very easy and stress free.