Sarkari Yojana
6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment
About 6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment
Gujarat’s Tribal Development Department runs the “6% Interest Subsidy on Loans Taken Through Banks up to a Limit of Rs.5 Lakh for Self-Employment” to make business financing more affordable for Scheduled Tribe individuals. ST beneficiaries who take a self-employment loan receive an interest subsidy that eases their repayment burden and encourages entrepreneurship.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for 6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment, applicants must satisfy the following conditions:
Only members of the Scheduled Tribe (ST) category…
Only members of the Scheduled Tribe (ST) category can apply.
Applicants need to reside in the tribal areas…
Applicants need to reside in the tribal areas of Gujarat.
A bank loan must have been taken by…
A bank loan must have been taken by the applicant to pursue self-employment.
Benefits Provided
6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment provides the following benefits to eligible applicants:
Loans availed from banks carry a 6% interest…
Loans availed from banks carry a 6% interest subsidy.
The subsidy applies to loans of up to…
The subsidy applies to loans of up to ₹5,00,000/- at most.
Documents Required
Applicants should keep the following documents ready before starting the application:
A valid Aadhaar identity card
A valid Aadhaar identity card
A bank passbook or a cancelled cheque
A bank passbook or a cancelled cheque
A certificate confirming the applicant's caste
A certificate confirming the applicant's caste
The letter sanctioning the loan
The letter sanctioning the loan
Photographs of passport size
Photographs of passport size
How to Apply
Offline Application
Applicants can apply for 6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment through the offline application process outlined below.
Applicants should visit, during office hours, the office…
Applicants should visit, during office hours, the office of the Project Administrator, Gujarat Tribal Development Corporation, Gandhinagar, or a tribal district office, and request a hard copy of the prescribed form from the concerned staff.
All mandatory fields should be filled in, with…
All mandatory fields should be filled in, with self-attested copies of the necessary documents attached.
The completed, signed form and documents should be…
The completed, signed form and documents should be submitted to the office of the Tribal District Sponsorship Administrator.
A receipt or acknowledgment should be requested from…
A receipt or acknowledgment should be requested from the office of the Tribal District Sponsorship Administrator, recording the date and time of submission along with a unique identification number, where applicable.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.