What you get
Loan Amount: Up to ₹6,00,000/- | Interest Rate: 6% per annum | Contribution: | - State Government Contribution: 95 % | - Beneficiary Contribution: 5% | Possible Installment Amount: | - ₹11,020/- per month (for 5 years) | - ₹ 9,447/- per month (for 6 years) | - ₹ 8,327/- per month (for 7 years)
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Who is eligible for the scheme?
Unemployed individuals belonging to Scheduled Castes and classified under Antyodaya families in Gujarat.
How many guarantors are needed?
Two guarantors are required for the loan application.
What kind of business is supported?
Mobile food and beverage businesses.
Is the application process online?
Yes, apply via https://daadconline.gujarat.gov.in/
What is the maximum loan amount available under this scheme?
A loan of up to ₹6,00,000/- can be availed under the scheme.
What is the government’s share?
95% of the project cost.
What is the loan repayment period?
The repayment period ranges from 60 months to 84 months (i.e., 5 to 7 years).
Can women applicants apply under this scheme?
Yes, eligible women belonging to Antyodaya Scheduled Caste families can also apply.