Term Loan Scheme (GNDTDC)
Self-employment loan up to ₹20 lakh · 6% interest · Gujarat nomadic & denotified tribes
Term Loan Scheme by Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) offers loans up to ₹20 lakh to members of Nomadic and Denotified Tribes in Gujarat for agriculture, small businesses, crafts, or other income-generating activities.
About This Scheme
Term Loan Scheme by Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) offers loans up to ₹20 lakh to members of Nomadic and Denotified Tribes in Gujarat for agriculture, small businesses, crafts, or other income-generating activities.
Full official description
The scheme "Term Loan Scheme" is implemented by the Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to promote self-employment among individuals from the Nomadic and Denotified Tribes communities by providing financial assistance for agriculture and allied activities, small-scale businesses, craftsmanship & traditional occupations as well as service-based businesses/trades. Under this scheme, beneficiaries can avail loans at concessional interest rates to purchase equipment, raw materials, or working capital.
Benefits
- Loan amount: Up to ₹20,00,000
- Interest rate: 6% per annum
- Funding split: 85% from National Corporation, 10% from State Government, 5% from beneficiary
- Eligible uses: Agriculture, allied activities, small-scale businesses, craftsmanship, traditional occupations
💡 Why Startups Should Care
For entrepreneurs from nomadic and denotified communities, this scheme is one of the few sources of loans up to ₹20 lakh at a regulated 6% rate. The 85%/10%/5% split between national corporation, state, and beneficiary means your actual cash outlay is minimal compared to the loan size.
Who Can Apply (Eligibility)
Gujarat resident belonging to a Nomadic Tribe (NT) or Denotified Tribe (DNT), with annual family income below the prescribed limit. Must intend to use the loan for an income-generating activity.
How to Apply
- Visit gndcdconline.gujarat.gov.in — the official portal of Gujarat Nomadic and Denotified Tribes Development Corporation.
- Register on the portal with your personal details.
- Log in and select the Term Loan Scheme.
- Fill in the application form with personal, address, income, and loan details.
- Upload identity proof, caste certificate, income certificate, experience certificate, collateral documents, and photograph.
- Review and submit the application — save your Reference Number.
Frequently Asked Questions
What is the main purpose of the scheme?
This scheme provides financial assistance in the form of loan for agriculture and related activities, small-scale industries, artisanal and traditional professions, and service-type businesses or occupations.
What kind of activities can I use this loan for?
You can use this loan for agriculture and related activities, small-scale industries, artisanal and traditional professions, and service-type businesses or occupations.
What is the minimum age requirement to apply for this loan?
You must be at least 21 years old as of the date of application to be eligible.
Do I need to have any specific experience to get this loan?
Yes, applicant must have experience in the proposed trade/business.
What is the interest rate for this scheme?
The interest rate for this scheme will be 6% per annum.
Is collateral required to get this loan?
Yes, you will have to provide suitable collateral to get the loan.
How is the loan amount funded?
85% of the loan amount will be from the National Corporation, 10% from the State Government, and 5% from the beneficiary, will have to contribute.
What is my personal contribution percentage to the loan amount?
Your personal contribution as the beneficiary will be 5% of the total loan amount.
How do I repay the loan amount?
The loan amount, including interest, will have to be repaid in 60 equal monthly installments.
How can I correct or edit my application after submitting it?
To make changes, you need to click on "Edit Application" and enter your Scheme, Confirmation No., and Birth Date, then click Submit.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Identity proof
- Caste certificate
- Income certificate
- Age proof
- Experience certificate
- Collateral documents
- Passport-size photograph
- Any other document as required