Term Loan Scheme (GNDTDC)
By Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC)
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Quick Answer
Term loans up to ₹20 lakh at 6% interest from GNDTDC for Nomadic and Denotified Tribes in Gujarat, for self-employment.
About this loan
The Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) lends up to ₹20,00,000 at 6% a year to people from Nomadic and Denotified Tribes in Gujarat. The scheme sits under the Social Justice and Empowerment Department, Government of Gujarat.
The loan is for starting or expanding a venture in areas such as agriculture and allied activities, small-scale businesses, traditional craftsmanship and service trades. It can pay for equipment, raw materials or working capital.
The loan is funded 85% by the National Corporation, 10% by the State Government and 5% by you. You repay the loan with interest in 60 equal monthly instalments.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
The Gujarat state corporation for nomadic and denotified tribes (ગુજરાત વિચરતી અને વિમુક્ત જાતિ વિકાસ નિગમ) lends to members of the communities it serves. The Department of Social Justice and Empowerment of the Gujarat government constituted it by resolution in 2015. It is based…
Learn moreBenefits & Funding
- Amount
- Up to ₹20L
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
Beneficiaries can avail a term loan of up to ₹20,00,000/- at a highly concessional annual interest rate of 6%. This financial assistance is designed to support the purchase of essential equipment, raw materials, or to provide crucial working capital for setting up or expanding businesses. The loan structure involves a contribution split of 85% from the National Corporation, 10% from the State Government, and 5% from the beneficiary, ensuring broad support. The total loan amount, including interest, is to be repaid over a manageable period of 60 equal monthly instalments, facilitating easier financial planning and reducing the repayment burden for aspiring entrepreneurs from these communities.
- Disbursement
- Lump Sum
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications are typically screened for eligibility criteria, including residency, tribal affiliation, age, and family income. A thorough verification of submitted documents and collateral details is conducted. The proposed business plan and the applicant's experience in the relevant trade are also assessed to determine the viability and potential impact of the venture. While the process details are not explicitly stated, a committee or panel from GNDTDC is likely involved in reviewing qualified applications and making final approval decisions based on the scheme's objectives and available funds.
Application Process
- 1
Visit Portal & Apply
Access the official GNDTDC online portal and initiate the Term Loan application.
You - 2
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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
What is the primary objective of the Term Loan Scheme?
The scheme aims to promote self-employment among individuals from Nomadic and Denotified Tribes in Gujarat by providing financial assistance for various economic activities, thereby fostering economic independence and livelihood generation.
What is the maximum loan amount available?
Beneficiaries can avail a maximum loan amount of up to ₹20,00,000/- (Rupees Twenty Lakhs) under this scheme.
What is the applicable interest rate and repayment period?
The loan is offered at a concessional interest rate of 6% per annum, and the total loan amount, including interest, must be repaid in 60 equal monthly instalments.
Are there any income criteria for eligibility?
Yes, the applicant's family's annual income should not exceed ₹3,00,000/-. Additionally, at least 50% of the total loan amount is specifically allocated to families with an annual income of up to ₹1,50,000/-.
Is collateral required for the loan?
Yes, applicants are required to provide suitable collateral to secure the loan.
Who is eligible to apply for this scheme?
Applicants must be residents of Gujarat, belong to the Nomadic Tribe or Denotified Tribe, be between 21 to 50 years of age, and have experience in their proposed trade or business.
