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Scheme for Small Business Owners of Scheduled Castes to Buy a Place of Business/Shop

Under the scheme, financial assistance in the form of loans and subsidies is provided by banks to individuals belonging to the Scheduled Castes category. This assistance is aimed at enabling them to purchase business premises or shops in urban areas for business development.

Start date30 Mar 1991

Last verifiedToday

Official Source ↗

About This Scheme

The scheme "Scheme for Small Business Owners of Scheduled Castes to Buy a Place of Business/Shop" was launched by the Director of Scheduled Caste Welfare, Department of Social Justice & Empowerment, Government of Gujarat, in the year 1991. Under the scheme, financial assistance in the form of loans and subsidies is provided by banks to individuals belonging to the Scheduled Castes category. This assistance is aimed at enabling them to purchase business premises or shops in urban areas for business development.

Benefits

₹15.0K

1. ₹15000/- is also given as subsidy assistance under the scheme.

₹10.0 L

1. Under the scheme, a maximum loan of ₹10 lakhs will be available to the beneficiary belonging to the scheduled caste category to buy a business premises/shop in the urban area. The beneficiary will bear interest up to 4%, while any bank interest payable above 4% will be covered by the government as an interest subsidy for three years.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

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Passport-size Photograph
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Caste Certificate issued by the competent authority
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Aadhaar Card of the applicant
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Proof of Residence (Any one of Electricity Bill/Licence/Lease Agreement/Electoral Card/Ration Card)
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Birth certificate/school leaving certificate
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First-page copy of bank passbook/cancelled cheque (in the name of the applicant)
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Agreement or Bank Guarantee (notarized affidavit)
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Any other documents as required
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[Application Attachments](https://esamajkalyan.gujarat.gov.in/ApplicationDocuments/SC/LFSApplicationDocument.pdf)

✦ Required ◦ Optional

How to Apply

OOnline

Quick Info

Level: Central Government
Max benefit: ₹10.0 L
Launched: 30 Mar 1991