Central GovernmentVerified
Small Scale Lending Scheme (Microfinance)
The scheme aims to provide microcredit to the small entrepreneurs of the target group. It provides loans up to ₹1,25,000/- at 5% interest rate to eligible beneficiaries belonging to the Rabari and Bharwad castes.
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About This Scheme
The scheme "Small Scale Lending Scheme (Microfinance)" by the Social Justice and Empowerment Department, Government of Gujarat, aims to provide microcredit to the small entrepreneurs of the target group. The scheme provides loans up to ₹1,25,000/- at subsidized interest rates of 5% per annum to eligible beneficiaries. To be eligible, the applicant must belong to the Rabari and Bharwad castes among the socially and educationally backward classes and must be aged between 21 to 45 years. The scheme is implemented by Gujarat Gopalak Vikas Nigam. The applications for this scheme are accepted online through the Department of Agriculture and Animal Husbandry (DAAD) Online portal.
Benefits
₹1.3 L
Loan Amount: Maximum loan limit of ₹1,25,000/-.
Interest Rate: Subsidized interest rate of 5% per annum.
Loan Coverage: 95% of the project cost is covered through a loan.
Beneficiary Contribution: Only 5% contribution is required from the beneficiary.
Target Group Support: Specifically designed for small entrepreneurs from the Rabari and Bharwad communities.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Passport Size Photograph
- ✦Caste Certificate
- ✦Income Certificate
- ✦Age Proof
- ✦Identity Proof
- ✦Address Proof
- ✦Bank Account Details
- ✦Project Report or Business Plan
✦ Required ◦ Optional
How to Apply
OOnline
Quick Info
- Level
- Central Government
- Max benefit
- ₹1.3 L