Self-Employment Scheme: Nana Vyavasay Mate Loan Yojana
in Gujarat
Last updated:
Self-Employment Scheme: Nana Vyavasay Mate Loan Yojana in Gujarat
Self-Employment Scheme: Nana Vyavasay Mate Loan Yojana is a government scheme available to eligible residents of Gujarat.
Apply for Self-Employment Scheme: Nana Vyavasay Mate Loan Yojana in Gujarat
Scheme Overview
"Nana Vyavasay Mate Loan Yojana" is a component under the "Self-Employment Scheme" that provides financial assistance in the form of a loan to establish or expand small businesses such as grocery shops, medical stores, bookstores, etc.
Eligibility Criteria
The applicant must be a resident of Gujarat.
The applicant must belong to the unreserved category.
The applicant's age should be between 18 years and 50 years.
The small business will have to be started within three months of obtaining the loan.
The applicant must be willing to repay the loan in equal monthly installments over 5 years after three months of starting the business.
The annual income limit of the family should be ₹6,00,000/- or less.
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**Note:**
The interest rate on the loan will be 5 percent simple interest per annum and 4 percent for women.
The simple interest will be calculated based on the amount of the loan given per year.
Only 1 person from a family can avail of the scheme benefits.
A maximum of 5 beneficiaries per village will be selected.
Benefits
Financial Assistance: Loan up to ₹10,00,000/- or actual expenditure, whichever is lower.
Required Documents
| # | Document |
|---|---|
| 1 | Application form in the prescribed format for self-employment |
| 2 | Bank statement |
| 3 | Non-deposit certificate |
| 4 | Income certificate |
| 5 | Proof of residence |
| 6 | Copy of Aadhaar card |
| 7 | Proof of age |
| 8 | Educational qualification |
| 9 | Copy of L.C. |
| 10 | Driving license |
| 11 | Business proposal |
| 12 | business proposal |
| 13 | Bank statement |
| 14 | Bank passbook copy. |
How to Apply in Gujarat
Step 1: Go to the Corporation's official website and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under the Corporation menu.
Online Step 1: Go to the Corporation's official website and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under the Corporation menu.
Step 2:Click on "Nana Vyavasay Mate Loan Yojana" under "Self-Employment Scheme" and then Apply Now.
Online Step 2:Click on "Nana Vyavasay Mate Loan Yojana" under "Self-Employment Scheme" and then Apply Now.
Step 3: Click on "New User? Please Register Here".
Online Step 3: Click on "New User? Please Register Here".
Step 4: Enter the required details and click Register.
Online Step 4: Enter the required details and click Register.
Step 1: Enter your User ID, Password, and Captcha Code, then click "Login".
Online Step 1: Enter your User ID, Password, and Captcha Code, then click "Login".
Step 2: Read the scheme details carefully and click OK.
Online Step 2: Read the scheme details carefully and click OK.
Step 3: If your permanent address is correct, confirm it. Otherwise, enter your correct address.
Online Step 3: If your permanent address is correct, confirm it. Otherwise, enter your correct address.
Step 4: Click Save & Next to proceed. Upload the relevant documents.
Online Step 4: Click Save & Next to proceed. Upload the relevant documents.
Step 5: If you need to make changes, click "No, Cancel". If all details are correct, click "Yes, Submit".
Online Step 5: If you need to make changes, click "No, Cancel". If all details are correct, click "Yes, Submit".
Step 6: Click Save Application. Note down your Application Number for future reference. You can also take a printout by clicking Print Application.
Online Step 6: Click Save Application. Note down your Application Number for future reference. You can also take a printout by clicking Print Application.
Common questions in Gujarat
Who can apply for Self-Employment Scheme: Nana Vyavasay Mate Loan Yojana in Gujarat?
Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Self-Employment Scheme: Nana Vyavasay Mate Loan Yojana. Refer to the eligibility section above for the complete checklist.
What documents are required for Self-Employment Scheme: Nana Vyavasay Mate Loan Yojana 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 "Nana Vyavasay Mate Loan Yojana" provides financial assistance of up to [?]10,00,000/- to individuals for starting or expanding self-employment businesses, such as grocery shops, medical stores, bookstores, and garment shops.