Micro Finance Scheme (GNDTDC)
in Gujarat
Last updated:
Micro Finance Scheme (GNDTDC) in Gujarat
Micro Finance Scheme (GNDTDC) is a government scheme available to eligible residents of Gujarat.
Apply for Micro Finance Scheme (GNDTDC) in Gujarat
Scheme Overview
The scheme promotes self-employment among Nomadic and Denotified Tribes by offering loan up to ₹1,25,000 at a concessional interest rate to help start small-scale businesses or enterprises.
Eligibility Criteria
The applicant should be a resident of Gujarat.
The applicant should belong to the Nomadic Tribe or Denotified Tribe.
The applicant's family's annual income should not exceed ₹3,00,000/-.
The applicant's age should be between 21 to 50 years on the date of application.
The applicant should have experience & technical skill in the proposed trade/business.
The applicant will have to provide suitable collateral to get the loan.
**Note:** At least 50% of the total loan amount under this scheme will be specifically allocated to families with an annual income of up to ₹1,50,000/-.
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Benefits
Loan Amount Details:
Loan Amount: Up to ₹1,25,000/-.
Interest Rate: 5% per annum.
Loan Contribution: 90% will be from the National Corporation, 5% from the State Government, 5% from the beneficiary.
Repayment: The loan amount will have to be repaid in 48 equal monthly installments, including interest.
Required Documents
| # | Document |
|---|---|
| 1 | Identity proof |
| 2 | Caste Certificate |
| 3 | Income Certificate |
| 4 | Age Proof |
| 5 | Experience Certificate |
| 6 | Collateral Documents |
| 7 | Photograph |
| 8 | Any other documents as required |
How to Apply in Gujarat
Step 1: Visit the Official Portal
Online Go to the Official Website Gujarat Nomadic and Denotified Tribes Development Corporation. Scroll down on the homepage, find the "Micro Finance" and click on "Apply Now". You will be directed to the application form.
Step 2: Access and Fill Out the Application Form
Online Complete all sections under "Applicant information," including full name, father/husband's name, gender, complete address details, contact numbers, Aadhaar No., parents/husband/guardian occupation and income details. Also provide Date of Birth, Age, Caste, and Subspecies. Also, if you are disabled and provide a percentage. If you have taken a past loan, select "Yes" or "No". If you selected "Yes", provide loan details (date, amount, paid, remaining) and your account number. Provide bank account number, bank name, branch name, name as per account, account type (Saving/Current), MICR code, and IFSC code.
Step 3: Upload Documents
Online Go to "Upload Photo" in the menu, then upload your photograph and signature (each file less than 15 KB). Click "Save Photo and Signature" Navigate to "Upload Document" in the menu and upload all required files (PDF, JPG, JPEG, PNG only).
Step 4: Review and Final Submission
Online Carefully review each module. Use the preview option to examine the application before final submission. Fill out the provided "CAPTCHA" and Click on “Submit”. Track and Review Status Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking. Go to the Official Website Gujarat Nomadic and Denotified Tribes Development Corporation. Scroll down and locate the Know App Status. Click on "Know App Status". Select the Scheme name, Enter App No., and Birth Date. Fill out the Captcha and click on Submit.
Common questions in Gujarat
Who can apply for Micro Finance Scheme (GNDTDC) in Gujarat?
Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Micro Finance Scheme (GNDTDC). Refer to the eligibility section above for the complete checklist.
What documents are required for Micro Finance Scheme (GNDTDC) in Gujarat?
Applicants in Gujarat typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
The scheme provides loans and assistance to individuals for starting small-scale businesses or enterprises. <br>