Jain International Trade Organisation (JITO), Ahmedabad Chapter
Tuesday 19 Oct 2021

Sarvodaya Foundation

JITO Sarvodaya Foundation

Medical Aid Form
Business Loan Form
Education Assistance Form

“Sarvodaya” means “Universal Upliftment”. True to this meaning JITO Ahmedabad Chapter in its new initiative has formed a separate trust “JITO Sarvodya Foundation” to undertake various activities of Upliftment of fellow Jains and community at large. JITO Sarvodaya Foundation is set to improve the Health, Wealth and Education by lending a helping hand to the less prosperous. This foundation will provide the financial assistance as a grant or loan to the needy Jains for Medical, Small Business and Education. The ultimate aim of this foundation is to make Jains self-sufficient, self-reliant and healthy. JITO believes that Jain’s will hesitate to take donations and hence has devised schemes which will make them come forward to hold a helping hand.


  • The Scheme is open for all Jains residing in Ahmedabad.
  • The amount will be disbursed as assistance / loan according to the case.
  • The aid shall be given to the family having less than 2.00 lakh income per annum.
  • The amount will be given for reimbursement of any expenses incurred subject to hospitalization.
  • The amount of assistance will be given to patients who have occupied economy room, general room or semi special room on sharing basis.
  • The amount of assistance will be 50% of expenses or Rs. 50,000/- whichever is lower.  The amount shall be decided as per the severity of case i.e. in critical operations Rs.50000/-, in less critical operations Rs.25000/- and in minor operations Rs.10000/- – 15000/- shall be given. For the purpose of fixation of amount the bill of the hospital which includes room charges, nursing charges, medicines given from the hospital (shown into bill) OT charge or any other expenses related to surgery.  Bills for medicines purchased directly or any other medical expense which is not included in the hospital bill will not be considered for the computation of amount.
  • Incase the applicant has mediclaim insurance then the amount has to be computed after deducting the amount of mediclaim available.
  • If required the committee will take assistance of doctors to verify the authenticity of claim.
  • The scheme is on reimbursement basis ie. assistance will be given after the payment is made to the Hospital.
  • Limit – 5 Lakhs.
  • Cosmetic surgery including obesity shall not be included whereas cataract charges will be reimbursed.
  • A survey will also be taken up to know the family condition of the patient in order to ensure that the money reaches to the right person.



In case a person is really needy and is not in a position to arrange funds to make payment of hospital bill then we will make payment when the patient is in Hospital by the following system:

  • To get the estimated expense from the hospital
  • An emergency committee meeting will be called to discuss the case.
  • Payment shall be made directly to the hospital after the approval of the committee.

Both the above assistance is given irrespective of any other benefits availed by the applicant i.e. applicant may have medical assistance from other organization.



  • Loan shall be given to JITO & JIYO Members only.
  • Minimum loan amount will be Rs. 1,00,000/- and maximum Rs.10 lacs.
  • Loan can be given as term loan or as working capital limit i.e. Business loan.
  • In this scheme JITO will subsidize the interest of the Business loan taken through Bank which shall be recommended by JITO.
  • The loan will be given by the bank after completing necessary formalities of the bank as per the norms of the bank.  JITO will not be responsible for any bad debts or defaults.  We are assuming that the bank will give the loan without any collateral security.
  • JITO shall provide an introductory letter duly signed by authorized signatory of JITO to present to the bank.
  • Interest Subsidy will be given for a period of 3 years i.e. Term Loan will be recovered within 3 years and working capital loan will be renewed for maximum 3 years.
  • Interest subsidy will be given as per the following rates - 7 % in the 1st year, 5% in the 2nd year and 4% in the 3rd year.
  • The interest subsidy will be paid every 3 months on production of required documents.
  • Subsidy of interest will be given for loans availed through JITO only.
  • Scrutiny committee will evaluate the form and meet the applicant in person before forwarding the application to the bank.
  • Loan will be given only for business permitted as per Jain Religion. For example loan will not be given for non veg restaurant and unethical business.
  • JITO/JIYO members should have minimum 50% share in the firm or the company for which the loan is taken. 



There are 2 different schemes of Education Loan.  The loan will be given to all Jains.



  • In order to give prompt assistance for smaller amount of loan a separate scheme is worked out for payment of fees for 12th, Graduation and Post Graduation courses.
  • A loan of maximum Rs. 50000/- or 50% of fees (whichever is lower) will be given directly by JITO against post dated cheques.
  • The disbursement amount will be given directly to the educational institute only and no reimbursement will be allowed.
  • Loans shall also be given for Engineering, I.T. entrance exams and professional courses.
  • The repayment will start in the 3rd month in 10 equal installments every month.
  • To avail this loan, the applicant will have to get signature of 2 JITO Members.



  • JITO Apex is running the JELP program for which interest subsidy is given.
  • JITO shall further subsidize the interest of the loan given under JELP as follows.
  • A] For loan upto Rs. 5.0 lacs 100% of the balance interest. B] For loan above Rs.5.0 lacs, same subsidy shall be given as given by JITO Apex, subject to a limit of Rs.50,000.
  • The interest subsidy will be paid to the applicant every 6 months on production of required documents.
  • The Scheme will provide interest subsidy to all the loans sanctioned after 1/10/2014 for Ahmedabad students only.