GTL
General Term Loan
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States / UT: Rajasthan
Department: Rajasthan Financial Corporation(RFC)
Nodal department: Rajasthan Financial Corporation(RFC)
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): No
Target beneficiaries: Businessman, Entrepreneur, Industrialist, Group Beneficiaries, Individual Beneficiaries
Tags: Loan, Financial Assistance, Micro Enterprises, Small Enterprises, Rajasthan, Business, Entrepreneurship, Investment, Industry, Support, Development, Expansion
Details
The General Term Loan scheme provides financial assistance to new and existing Micro and Small Scale Enterprises, including service industries, for various purposes such as purchasing land, constructing buildings, and acquiring necessary plant and machinery, furniture, fixtures, and other fixed assets. The maximum loan amount is Rs. 8 crore for Hindu Undivided Families (HUF) and proprietorships, and Rs. 20 crore for companies and cooperative societies with a net worth not exceeding Rs. 30 crore. The repayment period can extend up to 10 years, including a moratorium period of 6 to 18 months, depending on the project's cash generation.
Benefits
- - Financial assistance in the form of a loan
- Loan disbursed according to asset acquisition
- Financial assistance in the form of a loan
- Loan disbursed according to asset acquisition
Eligibility
Industrial units proposed to be set up in industrial areas or converted land in Rajasthan, defined as eligible under the SFCs Act.
Application Process
Online
- Constitute the firm/company and register it with the concerned authority.
- Identify/Select the project.
- Acquire a piece of land from RIICO or another concerned agency. If the land is agricultural, obtain a conversion order for industrial purposes from the competent authority.
- Prepare a project report.
- File the application for the loan in the prescribed format along with the requisite fee and required documents. The application form can be obtained from Branch offices throughout Rajasthan, the Head Office in Jaipur, or the Public Relation Office in Bikaner House, Delhi.
- Attend the PC&CC/IPC meeting upon receiving information from the Corporation.
Documents Required
No document list is available for this scheme yet.
Official links
- https://jaipur.rajasthan.gov.in/scheme/detail/1012
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/GTL/DOC_1012_c7092991-a082-4f5d-9a7e-00c21c4b7246.pdf
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/GTL/DOC_1012_a8a6ea0f-9e8d-49b7-abc2-bec927e0551a.pdf
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/GTL/DOC_1012_99865784-532e-4212-98ff-2e372588f6fc.pdf
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/GTL/DOC_1012_4e08fd7f-9baa-4e13-8041-e8963a3608dc.pdf
- http://industries.rajasthan.gov.in/content/industries/rfc.html/
References
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Documents Required for Government Schemes
Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:
- Aadhaar Card
- Income Certificate
- Caste Certificate (if applicable)
- Residence Proof
- Bank Account Details
- Educational Certificates (for student schemes)
How to Apply for Government Schemes?
The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:
- Check eligibility criteria
- Collect required documents
- Fill the application form
- Submit the application online or at the relevant office
- Track application status