Route · /scheme/lfcpt
LFCPT
Loan For Commercial Pilot Training
GujaratIndividualState/ UTNo start date
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.
What this is
The scheme aims to offer affordable loans of up to ₹25,00,000 at a 4% annual interest rate to tribal students who want to pursue pilot training.
In detail
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.
Who qualifies
- The applicant must be a resident of Gujarat.
- The applicant must be a student.
- The applicant must belong to the Scheduled Tribe (ST) category.
- The applicant must have passed Matriculation, Higher Secondary, Indian School Certificate, or an equivalent examination.
- The applicant must have secured admission to a recognized commercial pilot training institute.
- The applicant should have passed Higher Secondary Certificate (HSC).
What you get
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.
Listed by myScheme
Documentation completeness
5 of 9 checks passed
Checks are about the record,
not about the scheme.
not about the scheme.
✓
Eligibility published here453 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name144 characters
✗
Implementing agency published herefield absent from the record
✗
How to apply published hereno URL and no offline mode declared
✗
Start date published herenot published
✗
End date published hereno end date recorded, so indefinite by omission
✓
Stored links well-formedall parse
✓
Not expired while still listedno end date
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Provenance
Every field above, and where it came from
| schemeName | Loan For Commercial Pilot Training | myScheme · 2026-09-02 |
| schemeOpenDate | ... | not published at source |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | False | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |