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Skills & Employment; Business & Entrepreneurship

6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment

The scheme aims to promote self-employment among scheduled tribe (ST) individuals by making business loans affordable. Under this scheme, ST beneficiaries availing loans for self-employment are provided a interest subsidy to reduce financial burden and encourage entrepreneurship.

Authority

State/ UT

Region

Gujarat

Status

Verified 2026

Updated

March 2026

What you get

- 6% interest subsidy on loans taken through banks. | - Maximum loan amount eligible: ₹5,00,000/-.

Who can apply

The applicant must belong to the Scheduled Tribe (ST) category.; The applicant must be a resident of tribal areas in Gujarat.; The applicant must have availed a bank loan for self-employment purposes.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

Who is eligible for this scheme?

Only Scheduled Tribe individuals from Gujarat who have taken bank loans for self-employment.

What is the maximum loan amount eligible for subsidy?

The maximum loan amount of ₹5,00,000 with 6% interest subsidy.

Is there an income limit for applicants?

No, there is no income limit.

What type of loans are covered under this scheme?

Loans taken for self-employment or business purposes approved by the Corporation.

Can both men and women apply for this scheme?

Yes, it is open to all ST applicants regardless of gender.

Where can the application form be obtained?

From the Project Administrator’s office in Gandhinagar or tribal district offices.

What documents are required?

Aadhaar card, caste certificate, loan approval letter, bank passbook, and passport size photos.

Where should the application be submitted?

The application submitted at the office of the Tribal District Sponsorship Administrator.

Is there any cost for the application form?

No, it is free of cost.

Who implements the scheme?

The scheme implemented by the Gujarat Tribal Development Corporation.