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Banking,Financial Services and Insurance; Business & Entrepreneurship

Term Loan Scheme (GNDTDC)

The scheme provides loans of up to ₹2,00,000 for agriculture and allied activities, small-scale businesses, craftsmanship and traditional occupations, as well as service-based trades/businesses.

Authority

State/ UT

Region

Gujarat

Status

Verified 2026

Updated

March 2026

What you get

Loan Amount Details: | - Loan Amount: Up to ₹20,00,000/-.- Interest Rate: 6% per annum. | - Loan Contribution: 85% will be from the National Corporation, 10% from the State Government, 5% from the beneficiary.- Repayment: The total loan amount, including interest, must be repaid in 60 equal monthly instalments.

Who can apply

The applicant should be a resident of Gujarat.; The applicant should belong to the Nomadic Tribe or Denotified Tribe.; The applicant's family's annual income should not exceed ₹3,00,000/-.; The applicant's age should be between 21 to 50 years on the date of application.; The applicant must have experience in the proposed trade/business.; The applicant will have to provide suitable collateral to get the loan.

Required Paperwork

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

Common Questions

Do I need to have any specific experience to get this loan?

Yes, applicant must have experience in the proposed trade/business.

What is the interest rate for this scheme?

The interest rate for this scheme will be 6% per annum.

Is collateral required to get this loan?

Yes, you will have to provide suitable collateral to get the loan.

What is the minimum age requirement to apply for this loan?

You must be at least 21 years old as of the date of application to be eligible.

What is the main purpose of the scheme?

This scheme provides financial assistance in the form of loan for agriculture and related activities, small-scale industries, artisanal and traditional professions, and service-type businesses or occupations.

What kind of activities can I use this loan for?

You can use this loan for agriculture and related activities, small-scale industries, artisanal and traditional professions, and service-type businesses or occupations.

How is the loan amount funded?

85% of the loan amount will be from the National Corporation, 10% from the State Government, and 5% from the beneficiary, will have to contribute.

What is my personal contribution percentage to the loan amount?

Your personal contribution as the beneficiary will be 5% of the total loan amount.

How do I repay the loan amount?

The loan amount, including interest, will have to be repaid in 60 equal monthly installments.

How can I correct or edit my application after submitting it?

To make changes, you need to click on "Edit Application" and enter your Scheme, Confirmation No., and Birth Date, then click Submit.