Back to Schemes
Business & Entrepreneurship; Banking,Financial Services and Insurance

Swayam Saksham Yojana (GBCDC)

This scheme aims to instill a sense of self-reliance in the youth belonging to backward classes after receiving vocational education/training. Under this scheme, eligible youth are provided loans at a low-interest rate to start self-employment ventures.

Authority

State/ UT

Region

Gujarat

Status

Verified 2026

Updated

March 2026

What you get

Loan Amount: | - Up to ₹5,00,000/- per applicant. | Interest Rate: | - 6% per annum. | Loan Share: Under the scheme, the loan will be distributed in a unit cost ratio where- | - 85% will be covered by a national corporation | - 10% by State Government | - 5% contribution by the beneficiary | Repayment Terms: | - This loan will have to be repaid in 60 equal monthly installments including interest.

Who can apply

The applicant should be a resident of Gujarat.; The applicant should belong to the Socially and Educationally Backward Classes (SEBC).; The applicant should be between 18 and 35 years of age on the date of application.; The applicant should be unemployed but professionally educated (e.g., doctor, engineer, lawyer, CA, etc.).; The total annual family income of the applicant should not exceed ₹3,00,000/-.; The applicant should have completed a professional course (degree or diploma).; The applicant should intend to start a professional business such as clinics, nursing homes, physiotherapy clinics, biomedical labs, legal offices, medical stores, architect offices, engineering units, C.A. offices, etc.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

Who can apply for the scheme?

Youth from Socially and Educationally Backward Classes (SEBC) with professional education and annual family income under ₹3,00,000.

What is the age limit for applicants?

18 to 35 years on the date of application.

What professions are eligible for the scheme?

Doctors, engineers, lawyers, architects, physiotherapists, CAs, etc.

What kind of business can be started using this loan?

Clinics, labs, medicine shops, architect/law/CA offices, and similar professional units.

Can existing businesses apply for loan expansion?

No. The scheme is intended for first-time business setups.

Can an applicant from another state apply?

No. The scheme is applicable within Gujarat only.

Where can I apply for the scheme?

The applicant visits the Gujarat Backward Caste Development Corporation portal.

What documents are needed to apply?

Aadhaar Card, Caste Certificate, Income Certificate, Educational Certificates, etc.

Is there any subsidy or contribution from the government?

Yes. 85% loan from National Corporation, 10% by State Government, and 5% by the applicant.