Central GovernmentVerified

6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment

The scheme aims to promote self-employment among scheduled tribe (ST) individuals by making business loans affordable. Under this scheme, ST beneficiaries availing loans for self-employment are provided a interest subsidy to reduce financial burden and encourage entrepreneurship.

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About This Scheme

The "6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment" scheme was launched by the Tribal Development Department, Government of Gujarat. It aims to promote self-employment among scheduled tribe (ST) individuals by making business loans affordable. Under this scheme, ST beneficiaries availing loans for self-employment are provided a interest subsidy to reduce financial burden and encourage entrepreneurship.

Benefits

₹5.0 L

  • 6% interest subsidy on loans taken through banks.
  • Maximum loan amount eligible: ₹5,00,000/-.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

  • Aadhaar Card
  • Bank Passbook/Cancelled Cheque
  • Caste Certificate
  • Loan Approval Letter
  • Passport-size Photos

✦ Required ◦ Optional

How to Apply

IIn-person

Step 1: The interested applicant should visit (during office hours) at the office of the Project Administrator, Gujarat Tribal Development Corporation, Gandhinagar, and all tribal district offices and request a hard copy of the prescribed format of the application form from the staff exclusively entrusted to issue and collect filled-in applications.

Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attestted, if required).

Step 3: Submit the duly filled and signed application form along with the documents to the office of the Tribal District Sponsorship Administrator.

Step 4: Request a receipt or acknowledgment from the office of the Tribal District Sponsorship Administrator. to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

Quick Info

Level
Central Government
Max benefit
₹5.0 L