The scheme “Foreign Study Loan” implemented by the GUEEDC provides financial assistance to students from non-reserved categories pursuing higher studies abroad. The scheme provides overseas study loans of up to ₹15,00,000/- for specific courses, including MBBS, Post-Graduation, and Post-Graduation Diplomas.

Benefits

• Loan Amount: Up to ₹15,00,000/-.
• Interest Rate: 4% simple interest per annum.
• Grace Period: 1 year after completion of study.
• Repayment Schedule: 5 years for loans up to ₹5 lakh; 6 years for loans above ₹5 lakh.

Eligibility

• Non-reserved category residents of Gujarat.
• Pursuing MBBS, Post-graduation, or equivalent courses after Class 12 abroad.
• Minimum 60% marks in Class 12th.
• Annual family income up to ₹6,00,000/-.

Application Process

Link: https://gueedc.gujarat.gov.in/

• Step 1: Register: Register on the e-SamajKalyan Portal under ‘Citizen Login’.
• Step 2: Fill Form: Enter personal, academic, institution, and bank details. Use the “Patrata Column” dropdowns.
• Step 3: Upload: Scan and upload clear documents.
• Step 4: Review: Preview and Final Submit.
• Step 5: Verification: GUEEDC will review and contact if corrections are needed.

Documents Required

• Class 12th Mark Sheet (60%+)
• Family Income Certificate
• Property Documents and 5 Post-Dated Cheques
• Course Admission Documents
• Identity and Address Proof

Foreign Study Loan Scheme (GUEEDC)