Jelp: 6% Subsidy in Interest Rates for Loans upto Rs 1.5 Lakhs per year

Edition : Edition DNA

JELP: JITO Education Loan Programme, a division of JATF has assisted over 531+ students to avail Education Loans through Banks and the sanction value has crossed over Rs 13.50 Crores. JELP looks forward to active support in taking this noble project a step further and with participation JELP is sure to be able to assist many more students in the coming years as the costs of education is rising every year.

Please provide with complete contact details & address so that it can be displayed on website The idea of encouraging all students to obtain Education Loan for higher studies from Banks and JELP will assist each student who has basic documents to obtain the loan and finds it difficult to get the sanction from Banks. The list of essential documents is uploaded for ready reference.

Currently JELP processes Education Loans through Oriental Bank of Commerce, Central Bank of India, Greater Bombay Co-operative Bank, Credila Financial Services. [SBI, DENA Bank & PNB in certain areas.] To encourage and promote Education at the Grass Root level, for loans up to Rs 1.5 Lakhs per year for max 3 Years JELP share an internal subsidy of 6% in Interest Rate per annum if the student does not get Government of India Subsidy. For more Details log on to

Jains Organisations, together can come forward and assist the student to get Government Subsidy if possible, else one can share the Interest to reduce the burden of student and his family. In turn the resources available with you can be more focused on granting aid to those students who are unable to submit the required documents to the bank. Since this is a localised activity ones whole hearted support is requested

For any further details, queries or assistance please contact:

Mr Gaurang C Jhaveri, GM Projects on or +919820308640


Dr Davish Jain

Chairman, JELP