GNDTDC Term Loan Scheme — ₹20L at 6% for Gujarat Nomadic & Denotified Tribes

The Term Loan Scheme is a credit programme run by the Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC), which operates under the Government of Gujarat's Social Justice and Empowerment Department. It was created because entrepreneurs from Nomadic and Denotified Tribe communities have historically found it hardest to raise money for their own ventures — this scheme puts concessional borrowing within their reach.

Money raised here can be put into agriculture and allied activities, small-scale businesses, traditional craftsmanship, or other service-based trades. It can be used to buy equipment, purchase raw materials, or meet working capital needs, which makes it workable both for someone starting a venture and for someone scaling one that already exists.

There is no closing date — applications are accepted on a rolling basis — and the interest rate is fixed at 6% per annum. Because this is a debt product rather than an equity one, GNDTDC takes no stake or ownership share in the business you build.

• Term loan of up to ₹20 lakh from GNDTDC
• Fixed 6% annual interest rate
• Repaid over 60 equal monthly instalments
• Restricted to Nomadic and Denotified Tribe residents of Gujarat
• Rolling applications — there is no last date
• Debt funding, so no equity is taken in your business

Who can apply

• You must be a resident of Gujarat.
• You must belong to a Nomadic Tribe or a Denotified Tribe.
• You must be between 21 and 50 years of age on the date of application.
• Your family's annual income must not exceed ₹3,00,000.
• You must have experience in the trade or business you are proposing.
• You must be able to provide suitable collateral to secure the loan.

Set-aside within the scheme

At least 50% of the loan amount is reserved for families whose annual income is up to ₹1,50,000, so lower-income applicants compete for a protected share of the available credit.

GNDTDC Term Loan Scheme — ₹20L at 6% for Gujarat Nomadic & Denotified Tribes is open to startups at any stage. It is open to startups registered anywhere in India.

GNDTDC Term Loan Scheme — ₹20L at 6% for Gujarat Nomadic & Denotified Tribes accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

Loan size and cost

A successful applicant can borrow a term loan of up to ₹20,00,000, charged at a concessional rate of 6% per annum.

What the money can be used for

• Buying essential equipment for the venture
• Purchasing raw materials
• Meeting working capital requirements

The scheme is open to ventures across agriculture and allied activities, small-scale businesses, traditional craftsmanship, and other service-based trades.

How the loan is structured

The amount is made up of contributions from three sides — 85% from the National Corporation, 10% from the State Government, and 5% from the beneficiary.

Repayment

The full loan, interest included, is repaid through 60 equal monthly instalments, which spreads the burden over five years and makes cash-flow planning easier for a first-time borrower.

No equity dilution

This is a loan, not an investment, so you do not give up any ownership of your business in return for the funding.

GNDTDC Term Loan Scheme — ₹20L at 6% for Gujarat Nomadic & Denotified Tribes is offered by Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC), a government body. As a government-backed debt / loan, it is publicly funded and open to eligible startups across India.

GNDTDC does not publish a numbered, stage-by-stage selection timeline for this scheme. Going by the checks the scheme describes, an application moves through the following:

• Eligibility screening — residency in Gujarat, Nomadic or Denotified Tribe affiliation, age, and family income are examined first.
• Document and collateral verification — the papers you upload along with the collateral you offer are verified in detail.
• Business assessment — your proposed business plan and your experience in that particular trade are evaluated for viability and for the impact the venture is likely to have.
• Approval — a committee or panel at GNDTDC reviews the applications that clear the earlier checks, and makes the final decision based on the scheme's objectives and the funds available.

Before you apply to GNDTDC Term Loan Scheme — ₹20L at 6% for Gujarat Nomadic & Denotified Tribes, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

GNDTDC Term Loan Scheme — ₹20L at 6% for Gujarat Nomadic & Denotified Tribes is best suited for startups in India seeking non-dilutive funding of ₹20L. If that describes your startup, review the eligibility criteria above before applying.