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Short Term Education Loan
Short Term Education Loan
The "Short Term Loan Scheme" by the Goa State Scheduled Tribes Finance and Development Corporation Limited, under the Department of Tribal Welfare, Government of Goa, provides financial assistance to individuals from the Scheduled Tribe (ST) Community for immediate expenses related to Education, Medical, and Business needs. The scheme aims to enhance their standard of living and integrate them into the mainstream of society.
Interest Rate, Instalments, and Moratorium Period: For Education Purposes:
  • Interest Rate: 2% per annum
  • Repayment Period: 20 months
  • Maximum Instalments: 20
  • Moratorium Period: 3 months
  • For Business and Medical Purposes:
  • Interest Rate: 2% per annum
  • Repayment Period: 10 months
  • Maximum Instalments: 10
  • Moratorium Period: 3 months
  • Penal Interest:
  • If the loan becomes overdue, a penal interest of 1% will be charged on the amount of the overdue instalment.
  • Recovery:
  • The entire loan amount along with interest will be recovered according to the rules in force.
  • Documents Required
  • Scheduled Tribe (ST) Certificate, issued by the Competent Authority of the State of Goa.
  • Bank Passbook.
  • Photograph.
  • Salary Certificate / Pay Slip of one Surety along with surety affidavit on ₹ 50/- stamp paper, One Photo and ID Proof of surety.
  • Aadhar Card.
  • Affidavit of the applicant on ₹ 50/- Stamp paper regarding the amount of loan required and its purpose (If the applicant is below 18 years of age then either parents or guardian shall give the affidavit on behalf of their child).
  • Eligibility Criteria
  • The applicant must be an individual from the Scheduled Tribe (ST) Community in the State of Goa.
  • Reapplication is possible if the applicant has successfully cleared earlier loans availed under the scheme.
  • This loan related to Business, Education, or Medical purposes.
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    Punjab And Sind Bank Education Loan
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    Karnataka Bank Education Loan
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    UCO Bank Education Loan
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    Kotak Mahindra Bank Education Loan
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    Indian Overseas Bank Education Loan
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    7,50,000

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    World Bunts Foundation Trust Education Loan
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    4,00,000

    31 December

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    Medical
    Bachelors
    Masters
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    Saraswathi Educational Support Trust Education Loan
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    20,00,000

    31 December

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    Punjab Gramin Bank Education Loan
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    8,00,000

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    Jayoti Vidyapeeth Womens University Education Loan
    Jayoti Vidyapeeth Womens University

    1,00,000

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    Bachelors
    Masters
    3 day
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    Success Educational Trust Education Loan
    Success Educational Trust

    4,00,000

    15 May

    All
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    Suman Ramesh Tulsiani Charitable Trust Education Loan
    Suman Ramesh Tulsiani Charitable Trust

    2,00,000

    31 December

    All
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    RBL Bank Education Loan
    RBL Bank

    2,00,00,000

    31 December

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    Punjab And Sind Bank Education Loan
    Punjab & Sind bank

    8,00,000

    31 December

    Bachelors
    Masters
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    Karnataka Bank Education Loan
    Karnataka Bank

    20,00,000

    31 December

    All
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    UCO Bank Education Loan
    UCO Bank

    30,00,000

    31 December

    All
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    Kotak Mahindra Bank Education Loan
    Kotak Mahindra Bank

    20,00,000

    31 December

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    Indian Overseas Bank Education Loan
    Indian Overseas Bank

    7,50,000

    31 December

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    List of Benefits
  • Short Term Loan of up to ₹1,00,000/- for urgent financial requirements related to Business, Education, or Medical purposes.
  • Address Details
    The Goa State Scheduled Tribes Finance and Development Corporation Ltd, Department of Tribal Welfare, Govt. of Goa, at Shram Shakti Bhavan, 5th Floor, Patto, Panaji-Goa, - 403 001.
    How To Apply
    Steps to be followed:
    1. Visit our official website.
    2. Click on register
    3. Login and refer the details
    4. Take a print of the proforma of the application form, or request a hard copy from the concerned authority. 5. In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across), and attach copies of all the mandatory documents (self-attest if required). 6. Submit the duly filled and signed application form along with the documents to the concerned authority.

    1,00,000

    Short Term Education Loan
    SCHOLARSHIP PROVIDER
    The Goa State Scheduled Tribes Finance and Development Corporation Limited
    APPLICATION DEADLINE
    31 December
    EDUCATION LEVEL
    All
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    The "Short Term Loan Scheme" by the Goa State Scheduled Tribes Finance and Development Corporation Limited, under the Department of Tribal Welfare, Government of Goa, provides financial assistance to individuals from the Scheduled Tribe (ST) Community for immediate expenses related to Education, Medical, and Business needs. The scheme aims to enhance their standard of living and integrate them into the mainstream of society.
    Interest Rate, Instalments, and Moratorium Period: For Education Purposes:
  • Interest Rate: 2% per annum
  • Repayment Period: 20 months
  • Maximum Instalments: 20
  • Moratorium Period: 3 months
  • For Business and Medical Purposes:
  • Interest Rate: 2% per annum
  • Repayment Period: 10 months
  • Maximum Instalments: 10
  • Moratorium Period: 3 months
  • Penal Interest:
  • If the loan becomes overdue, a penal interest of 1% will be charged on the amount of the overdue instalment.
  • Recovery:
  • The entire loan amount along with interest will be recovered according to the rules in force.