What you get
- Loan assistance up to ₹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 can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What can the loan be used for?
The loan can be used for starting or expanding a small-scale business or income-generating activity.
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 ₹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 ₹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.
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.