Term Loan Scheme (GNDTDC)
in Gujarat
Last updated:
Term Loan Scheme (GNDTDC) in Gujarat
Term Loan Scheme (GNDTDC) is a government scheme available to eligible residents of Gujarat.
Apply for Term Loan Scheme (GNDTDC) in Gujarat
Scheme Overview
The scheme provides loans of up to ₹2,00,000 for agriculture and allied activities, small-scale businesses, craftsmanship and traditional occupations, as well as service-based trades/businesses.
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 must have experience 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 ₹20,00,000/-.
Interest Rate: 6% per annum.
Loan Contribution: 85% will be from the National Corporation, 10% from the State Government, 5% from the beneficiary.
Repayment: The total loan amount, including interest, must be repaid in 60 equal monthly instalments.
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 document 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 "Term Loan" 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 Term Loan Scheme (GNDTDC) in Gujarat?
Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Term Loan Scheme (GNDTDC). Refer to the eligibility section above for the complete checklist.
What documents are required for Term Loan 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
This scheme provides financial assistance in the form of loan for agriculture and related activities, small-scale industries, artisanal and traditional professions, and service-type businesses or occupations. <br>