This notification modifies the Credit Guarantee Fund Scheme for Education Loans (CGFSEL) to reflect a revised list of eligible Regional Rural Banks (RRBs) following their reorganization.
Detailed Summary
The Ministry of Education (Department of Higher Education) issued a notification on 24th November, 2025, in continuation of previous notifications, specifically No.-18-1/2013-U.5(Vol.III) dated 16th September, 2015, which established the Credit Guarantee Fund Scheme for Education Loans (CGFSEL), and a subsequent modification by the Ministry of Education dated 18th April, 2023, for the inclusion of Regional Rural Banks (RRBs) as member lending institutions. This current notification modifies the CGFSEL Scheme due to the reorganization of Regional Rural Banks (RRBs) undertaken by the Government of India, Ministry of Finance, as per Notification No. 7/6/2024(1)-RRB dated 5th April, 2025, published in Gazette of India, Extraordinary, Part II, Section 3-Sub-Section (ii). This reorganization involved the merger of certain RRBs and the constitution of new entities. Consequently, the CGFSEL Scheme is modified to reflect a revised list of 28 eligible Regional Rural Banks: Andhra Pradesh Grameena Bank, Arunachal Pradesh Rural Bank, Assam Gramin Bank, Bihar Gramin Bank, Chhattisgarh Gramin Bank, Gujarat Gramin Bank, Haryana Gramin Bank, Himachal Pradesh Gramin Bank, Jammu and Kashmir Grameen Bank, Jharkhand Gramin Bank, Karnataka Grameena Bank, Kerala Grameena Bank, Madhya Pradesh Gramin Bank, Maharashtra Gramin Bank, Manipur Rural Bank, Meghalaya Rural Bank, Mizoram Rural Bank, Nagaland Rural Bank, Odisha Grameen Bank, Puducherry Grama Bank, Punjab Gramin Bank, Rajasthan Gramin Bank, Tamil Nadu Grama Bank, Telangana Grameena Bank, Tripura Gramin Bank, Uttar Pradesh Gramin Bank, Uttarakhand Gramin Bank, and West Bengal Gramin Bank, which shall henceforth be eligible institutions under the scheme.
Full Text
REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-29112025-268059
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 352]
NEW DELHI, TUESDAY, NOVEMBER 25, 2025/ AGRAHAYANA 4, 1947
MINISTRY OF EDUCATION
(Department of Higher Education)
NOTIFICATION
New Delhi, the 24th November, 2025
F. No. 18-2/2022CGFSEL.—This is in continuation of notification of Government of India, Ministry of Education, No.-18-1/2013-U.5(Vol.III) dated 16th September, 2015 published in Gazette of India, Extraordinary, Part-I, Section I for notification of Credit Guarantee Fund Scheme for Education Loans (CGFSEL), and subsequent modification vide Government of India, Ministry of Education Notification dated 18th April, 2023 published in Gazette of India, Extraordinary, Part-I, Section I for notification of inclusion of Regional Rural Banks (RRBs) as member lending Institutions (MLIs).
2. Pursuant to the reorganization of Regional Rural Banks (RRBs) undertaken by the Government of India, Ministry of Finance vide Notification No. 7/6/2024(1)-RRB dated 5th April, 2025 published in Gazette of India, Extraordinary, Part II, Section 3-Sub-Section (ii) whereby certain RRBs have been merged and new entities have been constituted, the CGFSEL Scheme shall stand modified accordingly to reflect the revised list of participating RRBs.
The following Regional Rural Banks (RRBs) shall henceforth be eligible institutions under the Credit Guarantee Fund Scheme for Education Loans (CGFSEL):
1. Andhra Pradesh Grameena Bank,
2. Arunachal Pradesh Rural Bank
3. Assam Gramin Bank
4. Bihar Gramin Bank
5. Chhattisgarh Gramin Bank
6. Gujarat Gramin Bank
7. Haryana Gramin Bank
8. Himachal Pradesh Gramin Bank
9. Jammu and Kashmir Grameen Bank
10. Jharkhand Gramin Bank
11. Karnataka Grameena Bank
12. Kerala Grameena Bank
13. Madhya Pradesh Gramin Bank
14. Maharashtra Gramin Bank
15. Manipur Rural Bank
16. Meghalaya Rural Bank
17. Mizoram Rural Bank
18. Nagaland Rural Bank
19. Odisha Grameen Bank
20. Puducherry Grama Bank
21. Punjab Gramin Bank
22. Rajasthan Gramin Bank
23. Tamil Nadu Grama Bank
24. Telangana Grameena Bank
25. Tripura Gramin Bank
26. Uttar Pradesh Gramin Bank
27. Uttarakhand Gramin Bank
28. West Bengal Gramin Bank
PURNENDU KISHORE BANERJEE, Jt. Secy.
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📜 Ministry of Education: Modification of CGFSEL Scheme to reflect the revised list of participating RRBs
Published: 29 Nov 2025
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