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

About This Scheme

The "6% Interest Subsidy on Loans taken through Banks up to a Limit of Rs.5 Lakh for Self-Employment" scheme was launched by the Tribal Development Department, Government of Gujarat. It 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.

Eligibility

1. The applicant must belong to the Scheduled Tribe (ST) category. 1. The applicant must be a resident of tribal areas in Gujarat. 1. The applicant must have availed a bank loan for self-employment purposes.

Benefits

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

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.