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Mobile Food Court Van (DAADC)

MFCV

Published by Monika, Editor

Revised Official listing text, not yet reviewedHow entries are compiled

Program brief

Form of supportCash, paid into the bank account
Meant forEntrepreneurs, Rural Families, SC
LevelState, Gujarat
FieldBanking,Financial Services and Insurance
How to applyOnline
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Contents of this entry
  1. Overview
  2. Benefits
  3. Eligibility
  4. Documents
  5. Application steps
  6. Questions and answers

Overview

Mobile Food Court Van (DAADC)

The scheme aims to generate self-employment opportunities in the food and beverage sector by providing credit to unemployed scheduled caste individuals belonging to Antyodaya families. Under this scheme, loans are provided to the eligible beneficiaries at a concessional interest rate.

The "Mobile Food Court Van" scheme is implemented by the Dr. Ambedkar Antyodaya Development Corporation (DAADC) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to generate self-employment opportunities in the food and beverage sector by providing loan assistance to unemployed scheduled caste individuals belonging to Antyodaya families. Under this scheme, loan is provided to the eligible beneficiaries at a concessional interest rate.

Further facts from the listing

Implementing agencyDr. Ambedkar Antyodaya Development Corporation
Scheme forIndividual
DBT (direct bank transfer)No

Benefits

Loan Amount: Up to Rs. 6,00,000/-

Interest Rate: 6% per annum

Contribution:

  • State Government Contribution: 95 %
  • Beneficiary Contribution: 5%

Possible Installment Amount:

  • Rs. 11,020/- per month (for 5 years)
  • Rs. 9,447/- per month (for 6 years)
  • Rs. 8,327/- per month (for 7 years)

Eligibility

Age
18 to 80 years
Family income
Up to Rs. 3 lakh a year
Category
Scheduled Caste (SC)
Residence
Rural
State
Gujarat
  1. The applicant should be a resident of Gujarat.
  2. The applicant should belong to the Scheduled Caste (SC) category.
  3. The applicant should belong to an Antyodaya Anna Yojana (AAY) family.
  4. The applicant’s annual family income should not exceed Rs. 3,00,000/-.
  5. The applicant should provide two guarantors to get the loan.

Who cannot apply

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Documents

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Application steps

Online

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

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

Step 3: Click on the loan scheme name.

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

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

  • 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

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

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

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

Questions and answers

Who is eligible for the scheme?

Unemployed individuals belonging to Scheduled Castes and classified under Antyodaya families in Gujarat.

How many guarantors are needed?

Two guarantors are required for the loan application.

What kind of business is supported?

Mobile food and beverage businesses.

Is the application process online?

Yes, apply via https://daadconline.gujarat.gov.in/

What is the maximum loan amount available under this scheme?

A loan of up to Rs. 6,00,000/- can be availed under the scheme.

What is the government’s share?

95% of the project cost.

What is the loan repayment period?

The repayment period ranges from 60 months to 84 months (i.e., 5 to 7 years).

Can women applicants apply under this scheme?

Yes, eligible women belonging to Antyodaya Scheduled Caste families can also apply.

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