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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.

Ministry / Department
Social Justice and Empowerment Department
Level
State
Benefit type
cash
Last verified: Recently

Microcredit Finance Scheme- Self Help Groups (DAADC) क्या है?

The scheme aims to promote self-employment for SC individuals. It offers microloans to start small businesses and become economically self-sufficient.

लाभ
- **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.
स्तर
State — Gujarat
मंत्रालय / विभाग
Social Justice and Empowerment Department
लाभ का प्रकार
cash
मुख्य पात्रता
1. The applicant must belong to a Scheduled Caste (SC) community. 1. The applicant must be part of an Antyodaya (AAY) family. 1. The applicant’s annual family income should not exceed ₹3,00,000/-. 1. The applicant must be a resident of Gujarat. 1. The applicant should be a self-help group of unemplo
अंतिम सत्यापन
Recently

Benefits

- **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

1. The applicant must belong to a Scheduled Caste (SC) community. 1. The applicant must be part of an Antyodaya (AAY) family. 1. The applicant’s annual family income should not exceed ₹3,00,000/-. 1. The applicant must be a resident of Gujarat. 1. The applicant should be a self-help group of unemploArea: GujaratBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Step 1: Visit the official website of the Dr. Ambedkar Antyodaya Vikas Nigam (SC).

    2. Step 2: Online application — step 2

      Step 2: On the top menu bar, click on "Apply Now".

    3. Step 3: Online application — step 3

      Step 3: Click on the loan scheme name.

    4. Step 4: Online application — step 4

      Step 4: Select the loan category and fill in the loan amount.

    5. Step 5: Online application — step 5

      Step 5: Fill out the Application Form, enter the following details:

    6. Step 6: Online application — step 6

      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

    7. Step 7: Online application — step 7

      Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.

    8. Step 8: Online application — step 8

      Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.

    9. Step 9: Online application — step 9

      Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website