Skip to the content
jsrr.in

Scholarships, schemes and gram panchayats

Shortlist

Micro Finance Scheme (GNDTDC)

MFSGNDTDC

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 forDNT, Entrepreneurs
LevelState, Gujarat
FieldBanking,Financial Services and Insurance
How to applyOnline
Compare side by side
Contents of this entry
  1. Overview
  2. Benefits
  3. Eligibility
  4. Documents
  5. Application steps
  6. Questions and answers

Overview

Micro Finance Scheme (GNDTDC)

The scheme promotes self-employment among Nomadic and Denotified Tribes by offering loan up to Rs. 1,25,000 at a concessional interest rate to help start small-scale businesses or enterprises.

The scheme "Micro Finance Scheme" is implemented by the Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to promote self-employment among individuals from the Nomadic and Denotified Tribes communities by providing financial assistance to start a small-scale business/enterprise. Under this scheme, beneficiaries can avail loans at concessional interest rates to purchase equipment, raw materials, or working capital.

Further facts from the listing

Implementing agencyGujarat Nomadic And Denotified Tribes Development Corporation
Scheme forIndividual
DBT (direct bank transfer)No

Benefits

Loan Amount Details:

  • Loan Amount: Up to Rs. 1,25,000/-.
  • Interest Rate: 5% per annum.
  • Loan Contribution: 90% will be from the National Corporation, 5% from the State Government, 5% from the beneficiary.
  • Repayment: The loan amount will have to be repaid in 48 equal monthly installments, including interest.

Eligibility

Age
21 to 50 years
Family income
Up to Rs. 3 lakh a year
Category
De-Notified, Nomadic, and Semi-Nomadic (DNT) communities
State
Gujarat
  1. The applicant should be a resident of Gujarat.
  2. The applicant should belong to the Nomadic Tribe or Denotified Tribe.
  3. The applicant's family's annual income should not exceed Rs. 3,00,000/-.
  4. The applicant's age should be between 21 to 50 years on the date of application.
  5. The applicant should have experience & technical skill in the proposed trade/business.
  6. The applicant will have to provide suitable collateral to get the loan.

Note: At least 50% of the total loan amount under this scheme will be specifically allocated to families with an annual income of up to Rs. 1,50,000/-.

Documents

0 of 8 ready

Tick a document once you have it. The ticks stay in this browser only.

Application steps

Online

Step 1: Visit the Official Portal

  • Go to the Official Website Gujarat Nomadic and Denotified Tribes Development Corporation.
  • Scroll down on the homepage, find the "Micro Finance" and click on "Apply Now".
  • You will be directed to the application form.

Step 2: Access and Fill Out the Application Form

  • Complete all sections under "Applicant information," including full name, father/husband's name, gender, complete address details, contact numbers, Aadhaar No., parents/husband/guardian occupation and income details. Also provide Date of Birth, Age, Caste, and Subspecies. Also, if you are disabled and provide a percentage.
  • If you have taken a past loan, select "Yes" or "No". If you selected "Yes", provide loan details (date, amount, paid, remaining) and your account number.
  • Provide bank account number, bank name, branch name, name as per account, account type (Saving/Current), MICR code, and IFSC code.

Step 3: Upload Documents

  • Go to "Upload Photo" in the menu, then upload your photograph and signature (each file less than 15 KB). Click "Save Photo and Signature"
  • Navigate to "Upload Document" in the menu and upload all required files (PDF, JPG, JPEG, PNG only).

Step 4: Review and Final Submission

  • Carefully review each module. Use the preview option to examine the application before final submission. Fill out the provided "CAPTCHA" and Click on “Submit”.

Track and Review Status

  • Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
  • Go to the Official Website Gujarat Nomadic and Denotified Tribes Development Corporation.
  • Scroll down and locate the Know App Status. Click on "Know App Status".
  • Select the Scheme name, Enter App No., and Birth Date. Fill out the Captcha and click on Submit.

Questions and answers

What is the primary purpose of this scheme?

The scheme provides loans and assistance to individuals for starting small-scale businesses or enterprises.

Who is eligible to apply for a loan under the scheme?

The applicant must be from a Nomadic or Denotified Tribe to be eligible for this scheme.

What is the minimum age required to apply for the scheme?

The applicant's age should be at least 21 years as of the date of application.

What is the maximum age limit for applicants of the scheme?

The applicant's age should not be more than 50 years as on the date of application.

Do I need to have prior experience in a specific field to apply for this loan?

Yes, applicant must have prior experience in the proposed trade or business.

Is collateral required to obtain a loan under the scheme?

Yes, the applicant will have to provide suitable collateral to get the loan.

How is the loan amount contributed by different entities?

90% of the loan is contributed by the National Corporation, and 5% is contributed by the State Government.

What is the annual interest rate for the loan?

The interest rate will be 5% per annum.

How will the loan amount be repaid?

The loan amount will have to be repaid in 48 equal monthly instalments, including interest.

What kind of businesses or enterprises are supported by this loan?

Loans are provided to start a small-scale business or enterprise.

Pass this entry on to someone it fitsWhatsAppTelegramXFacebook

jsrr.in is an independent index, not a funding agency or a government body. The provider's official call is final: confirm every condition, amount and date there, and do not pay anyone who offers to apply for you.

This entry reproduces the official listing and has not yet been rewritten or reviewed by our team. Read the official call before you apply.

Report an error in this entry

Filed under

Ask about this entry

Questions are answered from the official call. Do not post your Aadhaar, bank, roll or mobile number. Your email address is not shown.