Scheme to Increase Seed Replacement Rate (SRR) 2026
This scheme offers loans up to ₹2,00,000 to individuals from Nomadic and Denotified Tribes in Gujarat to Read More... start or expand businesses, including agriculture, small-scale industries, and service trades. Read less
Details
The Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) has launched the Term Loan Scheme to empower individuals from these communities. This initiative, under the Social Justice and Empowerment Department of Gujarat, aims to foster self-employment and economic growth.
What Is This Scheme?
The Term Loan Scheme provides much-needed financial assistance to Nomadic and Denotified Tribe communities in Gujarat. It offers loans at a friendly 6% annual interest rate, helping beneficiaries purchase essential equipment, raw materials, or manage working capital for their ventures.
Who Can Benefit From This Scheme?
This scheme is designed for residents of Gujarat who belong to the Nomadic Tribe or Denotified Tribe. Applicants must be between 21 and 50 years old, have a family annual income not exceeding ₹3,00,000, and possess experience in their chosen trade or business. A special focus is given to families earning up to ₹1,50,000 annually, ensuring they receive at least 50% of the total loan allocation.
Why This Scheme Is Important
The Term Loan Scheme plays a crucial role in uplifting the economic status of the Nomadic and Denotified Tribes. By providing accessible loans for various income-generating activities, it supports entrepreneurship, preserves traditional occupations, and promotes self-reliance within these communities. The concessional interest rate and structured repayment plan make it a practical tool for financial independence.
Objective
Benefits
- Seed Distribution:Certified seeds are distributed to eligible farmers.
Sources and references
Eligibility Criteria
- You must be a permanent resident of Gujarat.
- You need to belong to the Nomadic Tribe or Denotified Tribe.
- Your family's total annual income should not be more than ₹3,00,000/-.
- Your age must be between 21 and 50 years old when you apply.
- You should have practical experience in the business or trade you plan to invest in.
- You will need to provide suitable collateral for the loan.
Important Note: At least 50% of the total loan money available under this scheme is reserved for families whose annual income is ₹1,50,000/- or less.
How To Apply
- To apply, visit the official Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) website or the relevant portal.
- Fill out the application form with all your accurate details.
- Submit the application along with all the required documents.
- For offline applications or specific submission addresses, please refer to the official notifications or contact the GNDTDC office directly.
- If you need to make corrections after submission, look for an 'Edit Application' option, enter your Scheme, Confirmation Number, and Birth Date, then click 'Submit'.
Official Link: Please visit the GNDTDC website for the latest application details and forms.
Documents Required
- Identity proof (like Aadhaar Card, Voter ID)
- Caste Certificate
- Income Certificate
- Age Proof (like Birth Certificate, School Leaving Certificate)
- Experience Certificate for your proposed trade/business
- Collateral Documents (if applicable)
- Recent Passport-sized Photograph
- Any other documents specified by the Corporation
FAQ’s
Who is this loan scheme meant for?
This scheme is for individuals belonging to Nomadic and Denotified Tribes in Gujarat who wish to start or expand their own businesses or engage in agriculture and related activities.
What types of businesses or work can I use the loan for?
You can use the loan for agriculture and allied activities, starting small-scale industries, supporting artisanal and traditional occupations, or setting up service-based businesses and trades.
Is there an age limit for applicants?
Yes, you need to be between 21 and 50 years old when you apply for this loan.
Do I need proof of my skills or business experience?
Absolutely, you must have prior experience in the trade or business you intend to pursue with the loan amount.
What is the interest rate on this loan?
The loan comes with a very affordable interest rate of just 6% per annum.
Will I need to provide security for the loan?
Yes, the scheme requires you to provide suitable collateral as security for the loan amount you receive.
How is the loan amount financed by different parties?
The loan amount is a combination: 85% comes from the National Corporation, 10% is contributed by the State Government, and you, the beneficiary, will contribute the remaining 5%.
What percentage of the loan do I have to pay from my own pocket?
As the beneficiary, you are required to contribute 5% of the total loan amount.
How many months do I have to repay the loan?
You will need to repay the entire loan amount, including the interest, over a period of 60 months, paid in equal monthly instalments.
What if I realize I made a mistake in my application after submitting it?
If you need to fix any details, you can usually find an 'Edit Application' option. You'll likely need your Scheme details, Confirmation Number, and Date of Birth to make changes.
What is the maximum loan amount I can apply for?
You can apply for a loan of up to ₹20,00,000/- under this scheme.
Is there a specific income group that gets priority?
Yes, at least 50% of the total loan funds are specifically earmarked for families with an annual income of up to ₹1,50,000/-.
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