What are the Benefits?
- Loan Amount: Up to ₹60,000/- for eligible small businesses.- Interest Rate: 5% per annum.- Loan Coverage: 95% of the project/business cost is covered; 5% contribution is to be made by the beneficiary.- Repayment Term: 48 equal monthly installments (4 years), including interest.
Who is Eligible?
The applicant should be a resident of Gujarat.; The applicant should be a member of a Self Help Group (SHG).; The applicant should belong to the Thakor or Koli caste.; The applicant's age should be at least 21 years and not more than 50 years as on the date of application.; The applicant’s annual family income should not exceed ₹3,00,000/-.; The applicant should have relevant experience in the proposed trade/business field.; The applicant will have to provide suitable collateral to get the loan.
Required Documents
Aadhaar Card
PAN Card
Income Certificate
Residence Proof (Domicile)
Common Questions
Who can apply under the scheme?
SHG members from Thakor or Koli caste aged 21–50 years.
What percentage of the business cost is financed?
95% is financed; 5% must be contributed by the beneficiary.
What is the repayment period?
The 48 monthly installments.
Can I use the loan for any type of business?
Yes, any skilled or small business.
Is prior business experience required?
Yes, experience in trade or technical skill is required.
Is a guarantor needed?
Yes, loan sanction requires a bail/guarantor.
Are individual applicants apply?
No, only SHG members can apply.
Is there a reservation for lower income groups?
Yes, 50% of loans are for families earning ≤ ₹1,50,000.
Can I apply offline?
No, the application is accepted online only.
Where can I check my application status?
On the GTKDC online portal using your login.