Self-Employment Scheme: Nana Vyavasay Mate Loan Yojana
By Industries and Mines Department, Government of Gujarat
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Quick Answer
Loan of up to ₹10 lakh for unreserved-category residents of Gujarat to start a small business such as a grocery, medical or garment store.
About this loan
This loan is for unreserved-category residents of Gujarat who want to start or expand a small business, such as a grocery shop, medical store, readymade garment store or bookstore. The Gujarat Unreserved Education and Economical Development Corporation (GUEEDC) gives it under the Self-Employment Scheme of the Social Justice and Empowerment Department. You can spend it on setup costs, working capital or other business costs.
The loan is up to ₹10,00,000 or the actual expenditure, whichever is less. Interest is 5% simple per annum, and 4% for women. You get a 3-month moratorium, then repay in equal monthly instalments over 5 years (60 months).
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 Industries & Mines Department (IMD) of the Government of Gujarat is the state department that makes industrial and MSME policy. Its executive arm, the Industries Commissionerate, implements those policies, both the state's and the central government's, and runs the Startup…
Learn moreBenefits & Funding
- Amount
- Up to ₹10L
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
The scheme provides financial assistance in the form of a loan up to ₹10,00,000 or the actual expenditure incurred, whichever is less. This loan is designed to support individuals in establishing or expanding self-employment businesses across various sectors. Beneficiaries will benefit from a 3-month moratorium period before commencing repayment, allowing time to stabilize their venture. The loan carries a favorable interest rate of 5% simple interest per annum, which is further reduced to 4% for women applicants, making it an accessible funding option. Repayment is structured over 5 years (60 months) in equal monthly installments.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Application Process
- 1
Register Online
Create a new user account on the official portal by providing necessary details.
You - 2
- 3
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- 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
What is the maximum loan amount available?
You can receive a loan of up to ₹10,00,000 or the actual expenditure incurred for your business, whichever is less, to support your self-employment venture.
What is the interest rate for the loan?
The loan carries a simple interest rate of 5% per annum. Women applicants benefit from a reduced interest rate of 4% per annum.
How long is the repayment period and is there a grace period?
The loan is repayable in equal monthly installments over a period of 5 years (60 months). There is a three-month moratorium period from the date of starting your business before repayments begin.
Who is eligible to apply for this scheme?
Applicants must be residents of Gujarat, belong to the unreserved category, be between 18 and 50 years old, and have a family annual income of ₹6,00,000 or less. The scheme is for individuals starting or running small self-employment businesses.
Can more than one person from the same family apply?
No, only one person per family is eligible to avail of the benefits under the Nana Vyavasay Mate Loan Yojana.
What is the application process?
Applications are submitted online through the Gujarat Unreserved Education and Economical Development Corporation's official website. After successful online submission, applicants must take a printout of the application, sign it, and physically submit it along with all supporting documents to the concerned Deputy Director or District Social Welfare Officer via courier, post, or in person.
Sources
Data on this page is compiled from official program and provider references.
