Yozni.Login
Gujaratskills-employment

6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment

The scheme aims to promote self-employment among scheduled tribe (ST) individuals by making business loans affordable. Under this scheme, ST beneficiaries availing loans for self-employment are provided a interest subsidy to reduce financial burden and encourage entrepreneurship.

Ministry / Department
Tribal Development Department
Level
State
Benefit type
cash
Last verified: Recently

What is 6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment?

The scheme aims to promote self-employment among scheduled tribe (ST) individuals by making business loans affordable. Under this scheme, ST beneficiaries availing loans for self-employment are provided a interest subsidy to reduce financial burden and encourage entrepreneurship.

Benefit
- 6% interest subsidy on loans taken through banks. - Maximum loan amount eligible: ₹5,00,000/-.
Level
State — Gujarat
Ministry / Dept.
Tribal Development Department
Benefit type
cash
Key eligibility
1. The applicant must belong to the Scheduled Tribe (ST) category. 1. The applicant must be a resident of tribal areas in Gujarat. 1. The applicant must have availed a bank loan for self-employment purposes.
Last verified
Recently

Benefits

- 6% interest subsidy on loans taken through banks. - Maximum loan amount eligible: ₹5,00,000/-.

Eligibility

1. The applicant must belong to the Scheduled Tribe (ST) category. 1. The applicant must be a resident of tribal areas in Gujarat. 1. The applicant must have availed a bank loan for self-employment purposes.Area: GujaratBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      Step 1: The interested applicant should visit (during office hours) at the office of the Project Administrator, Gujarat Tribal Development Corporation, Gandhinagar, and all tribal district offices and request a hard copy of the prescribed format of the application form from the staff exclusively entrusted to issue and collect filled-in applications.

    2. Step 2: Offline application — step 2

      Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attestted, if required).

    3. Step 3: Offline application — step 3

      Step 3: Submit the duly filled and signed application form along with the documents to the office of the Tribal District Sponsorship Administrator.

    4. Step 4: Offline application — step 4

      Step 4: Request a receipt or acknowledgment from the office of the Tribal District Sponsorship Administrator. to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website