Bankable Scheme
Bankable Scheme provides loans up to ₹2 lakh to Scheduled Caste individuals in Gujarat to start a business, industry, or service activity. A portion of the loan is subsidised by the state government, making repayment lighter.
About This Scheme
Bankable Scheme provides loans up to ₹2 lakh to Scheduled Caste individuals in Gujarat to start a business, industry, or service activity. A portion of the loan is subsidised by the state government, making repayment lighter.
Full official description
The "Bankable Scheme" is implemented by the Gujarat Scheduled Caste Development Corporation (GSCDC) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to provide financial assistance to scheduled caste persons for self-employment opportunities. Under this scheme, loans are provided for business, industry, or service activities, along with a subsidy of 50% of the loan amount or a maximum of ₹50,000/-. For setting up or expanding self-employment ventures in areas like animal husbandry, tailoring, groceries, beauty parlors, carpentry, RCC centering, footwear, bamboo work, embroidery, and other small-scale trades.
Benefits
- Loan amount: Up to ₹2,00,000 (₹1 lakh for business + ₹1 lakh for industry/service)
- Subsidy component: Partial subsidy from the state government reduces repayment burden
- Eligible uses: Business, small industries, and service sector activities
Who Can Apply (Eligibility)
Scheduled Caste, permanent Gujarat resident, aged 18–50, with annual family income below ₹1.5 lakh. Must not be a defaulter on any prior government loan.
How to Apply
Registration
- Visit the Gujarat Scheduled Caste Development Corporation, Gandhinagar official website. - Click on the "New user (Register)".
- Fill the registration form: Email ID, Mobile Number, Password for login, Confirm Password.
- Click on the "Submit.
- After successful registration, User ID and Password will be generated.
Application
Enter Username, Password, and Captcha Code.
After login, schemes applicable to your caste will be displayed.
Click on the scheme you want to apply for.
Fill out the "Application Form" and upload the required documents
Click Save Application. The system will generate an Application Number.
Click Print Application.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Bank Passbook/Cancelled Cheque
- Income Certificate
- Passport-size Photo
- Ration Card
- Election Card
- Caste Certificate
- Notarized Bahedhari Patrak
- Quotation
- School Leaving Certificate