Swayam Saksham Yojana (GBCDC)
₹5 lakh vocational business loan · 6% interest · backward class trained youth in Gujarat
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
💡 Why Startups Should Care
This scheme bridges the gap between vocational training and business ownership — if you've completed a professional course (ITI, pharmacy, beauty therapy, etc.) and belong to a backward class, you can get ₹5 lakh at 6% to start your own practice or shop. The 85%/10%/5% funding split means your personal contribution is just ₹25,000.
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
- Visit gbcdconline.gujarat.gov.in — the GBCDC official portal.
- Click "Apply Now" in the top menu and select the Swayam Saksham Yojana loan.
- Fill in personal information, address, income details, and loan requirement.
- Upload Aadhaar, bank passbook, business address proof, professional course certificate, income certificate, and photos.
- Click "Preview" to verify details, then click "Submit".
- Note your Application ID/Reference Number for 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
- Aadhaar card
- Bank passbook or cancelled cheque
- Business address proof
- Certificate of professional/vocational course
- Income certificate
- Passport-size photos
- Quotations for proposed business equipment
- Election card copy