New Swarnim Yojana (for women only) GNTDNT

Description
The scheme "New Swarnim Yojana For Women Only " by the Social Justice and Empowerment Department, Government of Gujarat, aims to empower women of nomadic and denotified castes living below the poverty line to achieve economic upliftment by getting self-employment with dignity. Under this scheme, women beneficiaries will be able to do business/occupation of their choice. The Gujarat Nomadic and Denotified Tribes Development Corporation implement the scheme.

Benefits
• The maximum loan limit is up to ₹2,00,000/-.
• The interest rate will be 5% per annum.
• Under this scheme, 100% loan of the business/occupation amount is provided.
• The loan amount will consist of 95% National Corporation contribution, 5% State Government contribution and zero beneficiary contribution.

Eligibility Criteria
1. The applicant must be a woman from a nomadic or denotified caste.
2. The applicant's family annual income limit for income eligibility will be up to ₹3,00,000/- (with effect from 1/4/2018).
3. The applicant's age should be at least 21 years and not more than 50 years as on the date of application.
4. The applicant must have experience in a technical and skilled trade/business.
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6. > **Preference/Priority/Reservation/Relaxation:**
7. > At least 50% of the total loan amount will be allocated for families having an annual income of up to ₹1,50,000/-.
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Required Documents
• Aadhaar Card.
• Ration Card.
• Domicile Certificate.
• Caste Certificate.
• Passport-size Photograph.
• Proof of Technical and Skilled Trade/Business Experience.
• Collateral Documents.
• Bank Account Details.

Frequently Asked Questions
Q: What is the main purpose of this scheme?
A: This special new scheme aims for the economic upliftment of women from nomadic and denotified castes living below the poverty line, helping them achieve self-employment with dignity.
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Q: What kind of business or occupation can I choose to undertake if I receive a loan under this scheme?
A: Under this scheme, you will be able to undertake a business or occupation of your choice.
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Q: Who is eligible to apply for a loan under this scheme?
A: The applicant must be a woman from a nomadic or denotified caste.
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Q: What are the age criteria to apply for this scheme?
A: The applicant&#39;s age should be at least 21 years and not more than 50 years as of the date of application.
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Q: Do I need to have any specific experience to be eligible for this loan?
A: Yes, the applicant must have experience in a technical and skilled trade or business.
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Q: Will I need to provide any collateral to secure the loan?
A: Yes, the applicant will have to provide suitable collateral to get the loan.
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Q: What is the interest rate applicable to the loan amount?
A: The interest rate will be 5% per annum.
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Q: What percentage of the business/occupation amount is provided as a loan under this scheme?
A: Under this scheme, 100% loan of the business/occupation amount is provided.
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Q: What are the contributions from different entities towards the loan amount?
A: The loan amount will consist of 95% National Corporation contribution, 5% State Government contribution, and zero beneficiary contribution.
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Q: How long do I have to repay the loan amount, including interest?
A: The loan amount, including interest, will have to be repaid in 60 equal monthly instalments.
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