Loan for Training of Commercial Pilot (GUEEDC)
Unreserved (General) category candidates from Gujarat who want to become commercial pilots can get a concessional loan of up to ₹25 lakh at 4% per annum from GUEEDC to fund their Commercial Pilot License (CPL) training. The scheme is administered by the Social Justice and Empowerment Department, Gujarat. Apply in person at the District Social Welfare Officer's office.
About This Scheme
Unreserved (General) category candidates from Gujarat who want to become commercial pilots can get a concessional loan of up to ₹25 lakh at 4% per annum from GUEEDC to fund their Commercial Pilot License (CPL) training. The scheme is administered by the Social Justice and Empowerment Department, Gujarat. Apply in person at the District Social Welfare Officer's office.
Full official description
The scheme "Loan for Training of Commercial Pilot (GUEEDC) implemented by the Social Justice and Empowerment Department, Gujarat, aims to offers financial support to candidates from the Unreserved category in the form of loan of up to ₹25,00,000/- at a concessional interest rate of 4% per annum to undergo training for obtaining a Commercial Pilot License (CPL). The objective of the scheme is to support meritorious students who aspire to build a career in aviation but face financial constraints.
Benefits
- Loan of up to ₹25,00,000 for commercial pilot training
- Concessional interest rate of 4% per annum
Who Can Apply (Eligibility)
- Must be a permanent resident of Gujarat
- Must belong to the Unreserved (General) category
- Must have passed HSC (12th standard)
- Must have secured admission to a recognized commercial pilot training institute
How to Apply
Step 1: The interested applicant should visit the office of the District Social Welfare Officer and request a hard copy of the prescribed format of the application form. Step 2: In the application form, provide all the mandatory details, and attach copies of all the mandatory documents (self-attested, if required). Step 3: Submit the duly filled and signed application form along with the supporting documents to the office of the District Social Welfare Officer. Step 4: Request a receipt or acknowledgement from the concerned authority to whom the application has been submitted.
Frequently Asked Questions
What is the objective of the "Loan for Training of Commercial Pilot (GUEEDC)" scheme?
The "Loan for Training of Commercial Pilot (GUEEDC)" scheme, initiated by the Social Justice and Empowerment Department, Government of Gujarat, offers financial support to candidates from the Unreserved category. Eligible candidates can avail a loan of up to ₹25,00,000/- at a concessional interest rate of 4% per annum to undergo training for obtaining a Commercial Pilot License (CPL).
Who can apply for the Loan for Training of Commercial Pilot scheme?
Any candidate who belongs to the Unreserved (General) category, has passed the 12th standard (HSC), is a permanent resident of Gujarat, and has secured admission in a recognized commercial pilot training institute is eligible to apply under this scheme.
What is the maximum amount of financial assistance that a candidate can receive under this scheme?
Under this scheme, the Government of Gujarat provides eligible candidates with a loan of up to ₹25,00,000/- to cover the expenses associated with commercial pilot license training.
At what interest rate is the loan offered to the eligible applicants under this scheme?
The loan is provided at a concessional simple interest rate of 4 percent per annum, making it an affordable financial option for aspiring commercial pilots from the Unreserved category.
Is there any income limit specified for the candidate or their family to qualify for this scheme?
No, there is no individual or family income limit specified under this scheme, which means that applicants from all economic backgrounds within the Unreserved category can apply for the loan.
Can candidates from Scheduled Castes (SC), Scheduled Tribes (ST), or Other Backward Classes (OBC) apply for this loan scheme?
No, this scheme is specifically designed for candidates belonging to the Unreserved (General) category, and candidates from other social categories are not eligible to apply.
What is the mode of application for this pilot training loan scheme?
The application process is entirely offline, and interested candidates must obtain and submit the duly filled application form along with all necessary documents to the District Social Welfare Office.
What documents are required to be submitted along with the application form for this loan scheme?
Applicants are required to submit documents such as the income certificate, 12th standard marksheet, school leaving certificate, passport-size photographs, bank passbook or a cancelled cheque, and the fee receipt from the training institute.
Is the loan amount provided under this scheme required to be repaid by the applicant?
Yes, the loan amount provided under this scheme is repayable, and the candidate is obligated to repay the amount with a simple annual interest of 4 percent as per the terms and conditions specified by the department.
Does the scheme impose any age restrictions on applicants seeking financial assistance?
Although the scheme primarily emphasizes educational qualifications and category-based eligibility, applicants are generally expected to be of a suitable age for pilot training as per aviation training norms, though no specific age limit is mentioned in the scheme guidelines.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Bank Pass Book/Cancelled Cheque.
- Caste Certificate.
- Income Certificate.
- Mark Sheet.
- Mark sheet of 12th Std.
- Passport Size Photos.
- Receipt of fee paid.
- School Leaving Certificate.