The award for Green and Eco-Friendly Measures is conferred upon the industries that are green and eco-friendly as per the standards of the …
Microcredit Finance Scheme- Self Help Groups (DAADC)
The scheme aims to promote self-employment for SC individuals. It offers microloans to start small businesses and become economically self-sufficient.
About This Scheme
Benefits
₹50.0K · annual
- Loan Amount: Up to ₹50,000/- (maximum ₹5,00,000/-)
- Interest Rate: 6% annually
- Loan Tenure: 36 months (3 years)
- State Government Share: 95% (₹47,500/-)
- Beneficiary Share: 5% (₹2,500/-)
- Guarantor: Not required
- Possible Installment amount : ₹1,445/- per month.
Eligibility
- •
The applicant must belong to a Scheduled Caste (SC) community.
- •
The applicant must be part of an Antyodaya (AAY) family.
- •
The applicant’s annual family income should not exceed ₹3,00,000/-.
- •
The applicant must be a resident of Gujarat.
- •
The applicant should be a self-help group of unemployed persons.
- •
The applicant must be a member of a registered self-help group (SHG) or apply individually with valid business intent.
Required Documents
- ✦Aadhaar Card
- ✦Bank Details Copy of Hier
- ✦Business Address Proof
- ✦Identity proof of Applicant
- ✦Passport Size Photos
- ✦School Leaving
- ✦Age Proof
- ✦Birth Certificate
- ✦Caste Certificate
- ✦Income Certificate
- ✦Ration Card
✦ Required ◦ Optional
How to Apply
Step 1: Visit the official website of the Dr. Ambedkar Antyodaya Vikas Nigam (SC).
Step 2: On the top menu bar, click on "Apply Now".
Step 3: Click on the loan scheme name.
Step 4: Select the loan category and fill in the loan amount.
Step 5: Fill out the Application Form, enter the following details:
- Personal Information: Name, gender, date of birth, caste, etc.
- Address Information: Permanent and correspondence address
- Income Details: Monthly family income and source
- Loan Requirement: Amount needed, proposed use (e.g., business, self-employment)
- Bank Account Details: For loan disbursement
Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
Quick Info
- Level
- Central Government
- Max benefit
- ₹50.0K
Available In
Data Sources
- https://www.myscheme.gov.in/schemes/mfs-shg ↗Accessed Today
- https://www.myscheme.gov.in/schemes/mfs-shg ↗Accessed 8 days ago
- https://www.myscheme.gov.in/schemes/mfs-shg ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/mfs-shg ↗Accessed 23 days ago
- https://www.myscheme.gov.in/schemes/mfs-shg ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/mfs-shg ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/mfs-shg ↗Accessed 1 months ago
