Bankable Scheme
By Gujarat Scheduled Caste Development Corporation (GSCDC)
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
Gujarat Scheduled Caste individuals can get a loan of up to ₹2,00,000 for self-employment, with a subsidy of 50% of the loan or ₹50,000, whichever is lower.
About this loan
The Gujarat Scheduled Caste Development Corporation (GSCDC) of the Government of Gujarat offers loans of up to ₹2,00,000 to Scheduled Caste individuals to start or expand self-employment ventures. The subsidy is 50% of the loan amount or ₹50,000, whichever is lower, and you do not repay it.
The money can go into trades such as animal husbandry, tailoring, groceries, beauty parlors, carpentry, RCC centering, footwear, bamboo work, embroidery and other small-scale work.
You must be unemployed, aged 18 to 60, a permanent resident of Gujarat and able to run a business. You must not be a defaulter of any financial institution. Annual income must not exceed ₹1,50,000 (urban) or ₹1,20,000 (rural).
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
Co-organizer
Social Justice and Empowerment Department, Government of GujaratGandhinagar · Gujarat · India
The Social Justice and Empowerment Department is a department of the Government of Gujarat, with its office in Block No. 5, Sachivalaya, Gandhinagar. It runs loan and self-employment schemes for Scheduled Castes, backward classes and Antyodaya Scheduled Caste people, and the…
Learn moreBenefits & Funding
- Amount
- Up to ₹2L
- Fund type
- Debt
- Repayment
- Repayable
What You Get
- Loan assistance: Up to ₹2,00,000/- is provided for establishing or expanding businesses, industries, or service activities, enabling entrepreneurs to secure necessary capital.
- Subsidy: A significant subsidy is available, covering 50% of the loan amount or up to ₹50,000/-, whichever is lower. This non-repayable component reduces the overall financial burden on the entrepreneur.
- Support for Diverse Ventures: Funds can be utilized across a wide array of small-scale trades including animal husbandry, tailoring, groceries, beauty parlors, carpentry, RCC centering, footwear, bamboo work, embroidery, and other small-scale trades, promoting diverse economic activities.
- Disbursement
- Lump Sum
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications will be screened based on adherence to all eligibility criteria, including caste verification, residency, age, employment status, and income levels. Eligible applications will then undergo a thorough review of submitted documents to assess the applicant's capability to undertake the proposed business activity and ensure they do not have any outstanding defaults with financial institutions. The final selection will be based on the comprehensive evaluation of the application and supporting documents against the scheme guidelines and objectives.
Application Process
- 1
Register
Create a new user account on the GSCDC online portal by providing email, mobile, and setting a password.
You - 2
- 3
- 4
- 5
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
Who is eligible for the Bankable Scheme?
The scheme is exclusively for individuals belonging to Scheduled Castes, who are permanent residents of Gujarat, unemployed, and aged between 18 to 60 years. They must also meet specified annual income criteria and not be a defaulter of any financial institution.
What is the maximum financial assistance available?
Beneficiaries can receive loan assistance of up to ₹2,00,000/- for their business, industry, or service activities. Additionally, a subsidy of 50% of the loan amount or a maximum of ₹50,000/-, whichever is lower, is provided to reduce the repayment burden.
What types of businesses are supported by this scheme?
The scheme supports a wide range of self-employment ventures and small-scale trades. These include, but are not limited to, animal husbandry, tailoring, groceries, beauty parlors, carpentry, RCC centering, footwear manufacturing, bamboo work, and embroidery.
How do I apply for the Bankable Scheme?
Applications are submitted online through the Gujarat Scheduled Caste Development Corporation (GSCDC) official website. The process involves registering as a new user, logging in, selecting the desired scheme, filling out the detailed application form, uploading all required documents, and then saving and printing your application.
Is there an income limit for applicants?
Yes, there is an income ceiling for applicants. The applicant's annual income must not exceed ₹1,50,000/- if they reside in an urban area, and ₹1,20,000/- if they reside in a rural area.
Are there any age restrictions for applicants?
Yes, applicants must be within the age bracket of 18 to 60 years at the time of application to be eligible for the scheme.
