Swayam Saksham Yojana (GBCDC)
Swayam Saksham Yojana by Gujarat Backward Classes Development Corporation provides loans up to ₹5 lakh at 6% interest to SEBC (Socially and Educationally Backward Classes) youth who have completed vocational training and want to start their own business.
About This Scheme
Swayam Saksham Yojana by Gujarat Backward Classes Development Corporation provides loans up to ₹5 lakh at 6% interest to SEBC (Socially and Educationally Backward Classes) youth who have completed vocational training and want to start their own business.
Full official description
The scheme "Swayam Saksham Yojana" is implemented by the Gujarat Backward Classes Development Corporation (GBCDC) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to inculcate the spirit of self-reliance among socially and educationally backward class youth who have received vocational or professional training. Under this scheme, low-interest loans are provided to educated unemployed youth for setting up self-employment ventures like clinics, law offices, engineering units, and more. The initiative focuses on empowering beneficiaries to start independent businesses with financial assistance, promoting economic inclusion and entrepreneurship.
Benefits
- Loan amount: Up to ₹5,00,000
- Interest rate: 6% per annum
- Funding split: 85% from GBCDC, remaining shared by state and beneficiary
- Focus: Youth who've completed vocational training and are ready to start a self-reliant business
Who Can Apply (Eligibility)
Gujarat resident, SEBC (Socially and Educationally Backward Classes) community, completed vocational/educational training, with annual family income below the prescribed limit.
How to Apply
Step 1: Visit the official website of the Gujarat Backwards Caste Development Corporation. Step 2: On the top menu bar, click on "Apply Online". Step 3: If you’re a new user, click on "New Registration" Enter personal details (name, mobile number, email, aadhaar number, etc.), create a password, and complete OTP verification. Step 4: Use your registered credentials (User ID and password) to log in. Step 5: Click on “New Application”. Select “Swayam Saksham Yojana” from the list of available schemes. Step 6: Fill out the Application Form, enter the following details:
- Personal Information: Name, gender, date of birth, caste, etc.
- Address Information: Permanent and correspondence address
- Income Details: Monthly family income and source
- Loan Requirement: Amount needed, proposed use (e.g., business, self-employment)
- Bank Account Details: For loan disbursement
Step 7: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Step 8: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Step 9: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
Frequently Asked 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.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Aadhar Card
- Bank Passbook/Cancelled Cheque
- Business Address Proof
- Certificate of Professional Course
- Income Certificate
- Passport Size Photos
- Quotations
- True Copy of Election Card
- Age Proof/Birth Certificate
- Caste Certificate
- Graduate Mark sheet/Mark sheet
- Post Graduate Mark sheet
- School Leaving certificate