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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.

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

What is 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.

Benefit
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. 1. ₹15000/- is also given as subsidy assistance under the scheme.
Level
State — Gujarat
Ministry / Dept.
Social Justice and Empowerment Department
Benefit type
cash
Key eligibility
1. The applicant should be a native of Gujarat. 1. The applicant should belong to the Scheduled Caste category. 1. There is no income limit. 1. Loan assistance is given to the beneficiary only for the purpose of shop or business at one place. 1. The subsidy will be paid after three months of shop op
Last verified
Recently

Benefits

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

Eligibility

1. The applicant should be a native of Gujarat. 1. The applicant should belong to the Scheduled Caste category. 1. There is no income limit. 1. Loan assistance is given to the beneficiary only for the purpose of shop or business at one place. 1. The subsidy will be paid after three months of shop opArea: GujaratBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Step 01: The eligible applicant may visit the e-Samaj Kalyan Portal: https://esamajkalyan.gujarat.gov.in/ Step 02: On the home page, under the tab ‘Citizen Login’, click on New User ‘ Please Register Here ’. Step 03: Enter your Full Name as per Aadhaar Card, Gender, Date of Birth, Aadhaar Card Number, Email ID, Caste etc. and then click on ‘Register’. Step 04: After successful registration, the applicants can login through their User ID and Password. Step 05: Now, click on ‘User Profile’ to update your profile. Step 06: Fill in all the mandatory information and then click on ‘Update’. Step 07: After updating the profile successfully, select the scheme appearing on the home page; an application form will open. Step 08: Fill in all the mandatory details in the application form and upload all the relevant documents. Step 09: Now agree with the terms & conditions and click on ‘Save Application’. Step 10: Submit the application form and take out the print of the application for future reference. The applicant can note down the application number to track the application status by logging into the portal using their User ID and Password. User Manual

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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