About this banking scheme
The scheme aims to promote self-employment among Scheduled Caste individuals belonging to Antyodaya Anna Yojana families by providing financial assistance for starting small businesses. Under this scheme, eligible beneficiaries are provided a loan of upto Rs. 1,25,000/- at a concessional interest rate.
The "Loan for Small Businesses" scheme is implemented by the Dr. Ambedkar Antyodaya Development Corporation (DAADC) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to promote self-employment among Scheduled Caste (SC) individuals belonging to Antyodaya Anna Yojana (AAY) families by providing financial assistance for starting small businesses or self-employment ventures. Under this scheme, eligible beneficiaries are provided a loan of up to Rs. 1,25,000 at a concessional interest rate.
Benefits at a glance
| Scheme name | Loan for Small Businesses (DAADC) (LSBDAADC) |
|---|---|
| Launched by | Social Justice and Empowerment Department |
| Benefit type | Cash (money paid to your bank account) |
| Category | Banking |
| Level / State | State · Gujarat |
| Official portal | daadconline.gujarat.gov.in |
Key facts
| Implementing agency | Dr. Ambedkar Antyodaya Development Corporation |
|---|---|
| Scheme for | Individual |
| Application mode | Online |
| Last date | Not given in the official listing |
| DBT (direct bank transfer) | No |
| Family income limit | Up to Rs. 3 lakh per year |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18 to 80 years
- 🏷️SC
- 🏘️Rural
- 💰Income up to Rs. 3 lakh
- 📝Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
Loan Amount:
- Up to Rs. 1,25,000/-
Interest Rate:
- 4% per annum
Loan Tenure:
- 60 months (5 years)
Guarantors Required:
- Two guarantors
State Government Contribution:
- 100% (no beneficiary share required)
Approximate Installment Amount:
- Rs. 2,302/- per month (maximum)
Who qualifies
- The applicant should be a resident of Gujarat.
- The applicant should belong to the Scheduled Caste (SC) category.
- The applicant should belong to an Antyodaya Anna Yojana (AAY) family.
- The applicant’s annual family income should not exceed Rs. 3,00,000/-.
- The applicant should intend to start or expand a small business or occupation.
- The applicant should be able to provide two guarantors.
Who is not eligible
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Registration walkthrough
Online
Step 1: Visit the official website of the Dr. Ambedkar Antyodaya Vikas Nigam (SC).
Step 2: On the top menu bar, click on "Apply Now".
Step 3: Click on the loan scheme name.
Step 4: Select the loan category and fill in the loan amount.
Step 5: 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 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
Frequently asked questions
Who is eligible for this scheme?
Scheduled Caste (SC) individuals belonging to Antyodaya Anna Yojana (AAY) families residing in Gujarat.
What is the repayment period for the loan?
The loan must be repaid within 60 months (5 years).
Are there any guarantor requirements?
Yes, 2 guarantors are mandatory.
Is there any income limit?
Yes, annual family income must be Rs. 3,00,000 or less.
What is the contribution of the State Government?
The State Government contributes 100% towards the interest subsidy on the loan.
How much is the monthly installment?
The maximum monthly installment is approximately Rs. 2,302.
Are women eligible for this loan scheme?
Yes, eligible SC women from AAY families can also apply under this scheme.
Can a person from another state apply for this scheme?
No, only residents of Gujarat are eligible to apply for the Scheme.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Guidelines sje.gujarat.gov.in (PDF)
- Scheme Details mariyojana.gujarat.gov.in
- Official Website sje.gujarat.gov.in
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
The details on this page are from the official listing and have not been rewritten or reviewed by our team yet. Confirm them on the official portal before applying.
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