TLSGMFDC

Term Loan Scheme (GMFDC)

The scheme aims to promote self-employment among individuals from the minority communities by providing financial assistance for agriculture and allied activities, small-scale businesses, craftsmanship, transport sector, traditional occupations, and service-based businesses/trades.

राज्य नकद

राज्य / केंद्र शासित प्रदेश: गुजरात

नोडल विभाग: Social Justice and Empowerment Department

योजना किसके लिए: Individual

योजना प्रोफ़ाइल

डीबीटी (प्रत्यक्ष लाभ अंतरण): नहीं

श्रेणियाँ: सामाजिक कल्याण और सशक्तिकरण, बैंकिंग, वित्तीय सेवाएँ और बीमा

उप-श्रेणियाँ: Loan

लक्षित लाभार्थी: व्यक्तिगत

टैग: Minority, Self Employment, Business, Low Interest Loan

विवरण

The scheme "Term Loan Scheme" is implemented by Gujarat Minorities Finance and Development Corporation (GMFDC) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to promote self-employment among individuals from the minority communities by providing financial assistance for agriculture and allied activities, small-scale businesses, craftsmanship, transport sector, traditional occupations, and service-based businesses/trades. Under this scheme, beneficiaries can avail loans at concessional interest rates to purchase equipment, raw materials, or working capital.

लाभ

1. Financial Assistance for Business: Loans ranging from ₹1,00,000/- to ₹20,00,000/- are provided businesses/trades in various sectors listed below:
Agriculture and allied businesses, such as animal husbandry, fisheries, etc
Technical & Skilled self-employment businesses
Service-oriented businesses such as provision stores, ready-made garment shops, cyber cafés, cold drink parlors, auto repairing, beauty parlors, etc
Handicraft businesses
Transport sector. 1. Interest Rates:
For annual income up to ₹1,20,000/- (rural) and ₹1,20,000/- (urban), the interest rate is 6% per annum
For families with annual income above ₹1,20,000/- and up to ₹8,00,000/-, the interest rate is 8% for male beneficiaries and 6% for female beneficiaries. 3. Repayment: The loan amount has to be repaid to the corporation in 60 equal installments over five years, including interest

Financial Assistance for Business: Loans ranging from ₹1,00,000/- to ₹20,00,000/- are provided businesses/trades in various sectors listed below:

Agriculture and allied businesses, such as animal husbandry, fisheries, etc.
Technical & Skilled self-employment businesses.
Service-oriented businesses such as provision stores, ready-made garment shops, cyber cafés, cold drink parlors, auto repairing, beauty parlors, etc.
Handicraft businesses.
Transport sector.

Interest Rates:

For annual income up to ₹1,20,000/- (rural) and ₹1,20,000/- (urban), the interest rate is 6% per annum.
For families with annual income above ₹1,20,000/- and up to ₹8,00,000/-, the interest rate is 8% for male beneficiaries and 6% for female beneficiaries.

3. Repayment: The loan amount has to be repaid to the corporation in 60 equal installments over five years, including interest.

पात्रता

The applicant should be a resident of Gujarat.
The applicant should belong to a minority religious community (Muslim, Christian, Sikh, Jain, Buddhist, Parsi, or Jewish) or a linguistic community (Sindhi, Marathi, or Urdu) in the state of Gujarat.
The applicant, or any member of their family, should not have obtained a loan from Gujarat Minority Finance and Development Corporation Limited, Gujarat Backwards Class Development Corporation, Gandhinagar, including any other corporation/institution or bank of the Central or State Government.
The annual income of the applicant's family should be:

₹98,000/- for rural areas.
₹1,20,000/- for urban areas.
However, families with income exceeding ₹1,20,000/- and up to ₹8,00,000/- are also eligible, albeit with different interest rates.

The applicant's age should be between 21 and 45 years.

अपवर्जन

आवेदन प्रक्रिया

Online

Registration

Step 1: Visit the Gujarat Minority Finance and Development Corporation official website.
Step 2: Register as a new user with name, mobile number, email, Aadhaar number, and create a password.
Step 3: In the form, provide all the mandatory fields, fill in the captcha code, and click "Submit" to complete the registration process. A pop-up will appear acknowledging successful registration and displaying your User ID for Login.

Application

Step 1: Visit the Gujarat Minority Finance and Development Corporation official website.
Step 2: Log in using your registered credentials. Select the Term Loan Scheme from the available schemes.
Step 3: Fill in personal details, income information, business details, and bank account details.
Step 4: Upload required documents: Identity Proof, Address Proof, Income Certificate, Minority Certificate, Educational Qualification Certificate, Experience Certificate (if any), Business Proposal, and Bank Passbook.
Step 5: You will be taken to the online application form of the scheme. In the form, provide all the mandatory fields and upload all the mandatory documents in the specified format and size.
Step 6: Carefully review all the information provided and the documents uploaded. Make corrections, if any.
Step 7: Click "Submit" to submit your application. You'll receive a confirmation message. Note down your Application Number for future reference. You can also take a printout of the submitted application form.

Track Application Status

Step 1: Visit the Gujarat Minority Finance and Development Corporation official website.
Step 2: Navigate to the bottom of the home page, and click "Your Application Status".
Step 3: On the next page, provide your Application Number, Date of Birth, and click "View Status". The current status of your application will be displayed.

Contact:

For any assistance, contact 079-23253843, 23254583, 23253757 or email md-gmfdcl@gujarat.gov.in.

Offline

Interested individuals should contact either the Gujarat Minority Finance and Development Corporation office in Gandhinagar or the District Deputy Director/District Social Welfare Officer (Developing Castes) office in their respective district to obtain the application form.

Contact Information for Gujarat Minorities Finance and Development Corporation, Gandhinagar:

Address: Ground Floor and Second Floor, Block Number: 11, Dr. Jivraj Mehta Bhavan, Gandhinagar
Phone Numbers: (079) 232 53843, 232 54583, 232 53757
Email: md-gmfdcl@gujarat.gov.in

स्पष्टीकरण

myScheme पर प्रकाशित योजना सूचना से अतिरिक्त बिंदु (कानूनी सलाह नहीं)।

Who can apply for this scheme?: Applicants from minority religious communities like Muslim, Christian, Sikh, Jain, Buddhist, Parsi, and Jewish or linguistic communities like Sindhi, Marathi, and Urdu in Gujarat can apply.
Is there any age limit to apply for the benefit?: Yes, applicants must be between 21 and 45 years of age.
Is it necessary to have technical education for availing the scheme?: Yes, applicants should possess either experience or the necessary technical education relevant to the business they intend to start.
Can I apply if I already received a loan from any other government corporation?: No, applicants or their family members should not have received a loan from GMFDC, Gujarat Backward Class Development Corporation, or any central/state government institution or bank.
What are the business sectors eligible under this scheme?: Eligible business sectors include agriculture, allied businesses, technical self-employment, service-type businesses, handicrafts, and the transport sector.
What is the mode of repayment for this scheme?: Repayment is made in 60 equal monthly instalments within five years.
Is there any penalty for delayed repayment?: Yes, a penal interest of 2% is charged on delayed payments.
Can both male and female applicants avail this scheme?: Yes, both male and female applicants can avail of the scheme, subject to income criteria and interest rates.
Where can I get the offline application form?: The application form can be obtained from the GMFDC office in Gandhinagar or from the District Deputy Director/District Social Welfare Officer (Developing Castes) in the respective districts.
What documents are needed to apply?: Documents required include the application form, identity proof, address proof, age proof, minority certificate, income certificate, educational qualification, experience certificate, bank passbook, business proposal, and collateral documents if needed.
Does this scheme aim to improve the technical skills of beneficiaries?: Yes, one of the objectives of the program is to help improve the technical and entrepreneurial skills of individuals from minority communities.
Can an applicant apply if they or their family have previously received a loan from this specific Corporation?: No, if the applicant or any member of their family has previously received a loan from Gujarat Minority Finance and Development Corporation Limited, they are not eligible.

आधिकारिक लिंक

संदर्भ

आवेदन करें

अभी आवेदन करें

Minority Self Employment Business Low Interest Loan

आधिकारिक आवेदन या कार्यक्रम पोर्टल नए टैब में खुलता है। संदेह हो तो मंत्रालय की साइट पर विवरण सत्यापित करें।

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

यह पृष्ठ सार्वजनिक व आधिकारिक स्रोतों से योजना सूचना का सार प्रस्तुत करता है। यह कानूनी, वित्तीय या व्यावसायिक सलाह नहीं है; अधूरी या पुरानी हो सकती है; तथा सरकारी अधिसूचनाओं का स्थान नहीं लेती। आवेदन या निर्भरता से पहले पात्रता, लाभ व आवेदन चरण आधिकारिक पोर्टल या परिपत्र पर अवश्य सत्यापित करें।

हिन्दी चुनने पर साइट पर मेनू, बटन, फ़िल्टर और जहाँ उपलब्ध हो श्रेणी नाम हिन्दी में दिखाए जाते हैं। योजना का मुख्य पाठ (शीर्षक, विवरण, पात्रता, दस्तावेज़ आदि) स्रोत की भाषा में रहता है—अक्सर अंग्रेज़ी—जब तक आधिकारिक द्विभाषी या हिन्दी संस्करण उपलब्ध न हो।