About this business scheme
Micro-loan scheme for Rabari and Bharwad caste entrepreneurs in Gujarat. Provides up to Rs. 1.25 lakh loan at 5% interest with only 5% beneficiary contribution.
This microfinance scheme aims to empower small entrepreneurs from the Rabari and Bharwad castes by offering affordable loans with minimal beneficiary contribution. Designed to support income-generating activities, the scheme helps beneficiaries fund small businesses with 95% of the project cost covered by the corporation, while only 5% is required as their own contribution.
The maximum loan offered under the scheme is Rs. 1.25 lakh, with a subsidized interest rate of 5% per annum. The scheme is intended to improve economic participation and entrepreneurship among socially and educationally backward communities in Gujarat.
Benefits at a glance
| Scheme name | MICRO FINANCE (Gopalak Nigam) (MFGN) |
|---|---|
| Launched by | Social Justice and Empowerment Department |
| Benefit type | Composite (cash plus goods or services) |
| Category | Business |
| Level / State | State · Gujarat |
| Official portal | daadconline.gujarat.gov.in (link at the end of this page) |
Key facts
| 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 |
| Age | 21 to 45 years |
Who can apply (quick check)
- 👤All genders
- 🎂Age 21 to 45 years
- 🏷️ST
- 💰Income Rs. 3 lakh tak
- 📝Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- Loan assistance up to Rs. 1.25 lakh for small businesses
- Interest rate fixed at 5% per annum
- 95% loan coverage by the corporation
- Only 5% contribution needed from the applicant
- Promotes economic independence and small-scale entrepreneurship
Who qualifies
- The applicant must be a permanent resident of Gujarat.
- The applicant must be a woman or man belonging to the Rabari or Bharwad caste.
- The applicant must belong to a socially and educationally backward class as recognized by the Gujarat government.
- The applicant must be between 21 and 45 years of age.
- The applicant’s annual family income must not exceed Rs. 3.00 lakh.
- The applicant must be planning to start or expand a small business.
Who is not eligible
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You must submit the following documents:
Registration walkthrough
Online
Step 1: Visit the official DAADC online portal.
Step 2: Register/log in using your credentials.
Step 3: Fill out the application form with accurate personal and scheme-specific details.
Step 4: Upload the required documents and submit.
Frequently asked questions
What is the Microfinance Loan Scheme for Rabari & Bharwad communities?
It is a scheme to provide affordable loans to small entrepreneurs from Rabari and Bharwad castes to promote self-employment.
What is the maximum loan amount under this scheme?
The maximum loan amount is Rs. 1.25 lakh.
What is the interest rate on the loan?
The interest rate is subsidized at 5% per annum.
How much contribution is required from the applicant?
The applicant must contribute 5% of the total loan amount.
Who can apply for this scheme?
Any individual from the Rabari or Bharwad caste (aged 21–45 years) with annual family income up to Rs. 3 lakh and resident of Gujarat.
Can both men and women apply?
Yes, eligible men and women from the Rabari/Bharwad caste can apply.
Is any collateral security required for the loan?
No collateral security has been mentioned under the scheme.
What can the loan be used for?
The loan can be used for starting or expanding a small-scale business or income-generating activity.
How is the loan amount disbursed?
After document verification and approval, the amount is credited to the applicant’s bank account.
Where can I apply for this scheme?
To apply Visit the official DAADC online portal.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Guidelines Link 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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