What you get
- Maximum Loan Amount: Up to ₹60,000/-.- Interest Rate: 4% per annum.- Loan Coverage: Up to 100% of the loan will be given for the proposed business/trade.- Repayment: The loan amount will have to be repaid in 48 equal monthly installments (4 years) including interest.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Who can apply for this scheme?
Women belonging to the Thakor or Koli communities are eligible to apply.
What is the income eligibility criterion under the scheme?
The annual family income should not exceed ₹3 lakh. Priority is given to families with income up to ₹1.50 lakh.
What is the repayment term?
The loan has to be repaid in 48 equal monthly installments along with interest.
Can women from other communities apply for this scheme?
No, only women from the Thakor or Koli communities are eligible.
Is there any margin money required from the applicant?
No margin money is required. The scheme covers 100% of the proposed business loan amount.
Is collateral needed?
A guarantor or surety is required.
Where do I apply online?
Applicants apply online through https://gtkdconline.gujarat.gov.in/
Can the loan be used for purposes other than business?
No, the loan is strictly meant for starting or expanding a trade or business.
What is the rate of interest on the loan?
The loan carries an interest rate of 4% per annum.