APJ Abdul Kalam Scholarship 2026

This scheme by GNDTDC Gujarat offers financial help up to ₹1,25,000 at a 5% interest rate to Read More... Nomadic and Denotified Tribes for starting small businesses. Read less

Details

Are you from a Nomadic or Denotified Tribe in Gujarat and dreaming of starting your own small business? The Micro Finance Scheme, run by the Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC), is here to help you turn that dream into reality.

What Is This Scheme?

The Micro Finance Scheme is designed to boost self-employment opportunities for individuals belonging to Nomadic and Denotified Tribes in Gujarat. It provides financial assistance in the form of loans, making it easier for you to set up or expand a small-scale business or enterprise.

Who Can Benefit From This Scheme?

This scheme specifically supports individuals who are residents of Gujarat and belong to the Nomadic Tribe or Denotified Tribe communities. It's a great opportunity for those looking to become self-reliant through their own ventures.

Why This Scheme Is Important

By offering loans at a low interest rate and covering a significant portion of the business setup costs, this scheme empowers economically backward communities. It helps create sustainable livelihoods and promotes financial independence among the beneficiaries.

Objective

This scheme by GNDTDC Gujarat offers financial help up to ₹1,25,000 at a 5% interest rate to Nomadic and Denotified Tribes for starting small businesses.

Benefits

Financial support of ₹6,000/- per annum for selected scholars.

The scholarship is intended for students pursuing three-year diploma courses in government, aided, or government-approved self-financing polytechnic institutions.

Frequency of Disbursement:The scholarship is a one-time benefit.

Sources and references

Official Website

Who Can Apply?

You must be a permanent resident of Gujarat.
You must belong to a Nomadic Tribe or Denotified Tribe.
Your family's total annual income should not be more than ₹3,00,000.
You should be between 21 and 50 years old when you apply.
You need to have some experience and technical skills relevant to the business you plan to start.
You will need to provide suitable collateral security for the loan.

Special Note: At least half of the total loan funds available under this scheme are reserved for families whose annual income is up to ₹1,50,000.

How to Apply

To apply for the Micro Finance Scheme, you generally need to visit the office of the Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) or contact their local representatives. They will guide you through the application process and provide the necessary forms. You can also inquire about online application options if available.

Address for Inquiry:

Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC), Social Justice and Empowerment Department, Government of Gujarat.

Documents You'll Need

Proof of Identity (e.g., Aadhaar Card, Voter ID)
Caste Certificate confirming your Nomadic or Denotified Tribe status
Income Certificate to verify family income
Proof of Age (e.g., Birth Certificate, School Leaving Certificate)
Experience Certificate for your proposed trade or business
Documents for Collateral Security
Passport-sized Photograph(s)
Any other documents that may be required by the Corporation

FAQ’s

What is the main goal of this scheme?

The primary aim of this scheme is to help individuals start their own small businesses or enterprises by providing them with financial support.

Can someone from a different state apply for this loan?

No, the applicant must be a resident of Gujarat to be eligible for this loan scheme.

What is the maximum loan amount available?

The maximum loan amount you can avail under this scheme is ₹1,25,000.

How long do I have to repay the loan?

You will need to repay the loan amount, including interest, in 48 equal monthly installments.

What is the annual income limit for applicants?

Your family's annual income should not exceed ₹3,00,000 to be eligible for this scheme.

Is there a specific age range for applicants?

Yes, applicants must be between 21 and 50 years old on the date they submit their application.

What if I don't have experience in the business I want to start?

The scheme requires applicants to have prior experience and technical skills in the proposed trade or business. So, you must have relevant experience.

What does the 5% beneficiary contribution mean?

It means that out of the total loan amount, 5% of the cost needs to be borne by you, the beneficiary, while the remaining 90% comes from the National Corporation and 5% from the State Government.

Are there any special provisions for very low-income families?

Yes, at least 50% of the loan amount is specifically set aside for families whose annual income is ₹1,50,000 or less.

What kind of businesses are typically supported?

The loan is meant for starting any small-scale business or enterprise that helps you become self-employed.