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

You can borrow up to ₹20,00,000 as a term loan. The amount is offered at a concessional interest rate of 6% per annum, and it is meant to finance a self-employment venture in Gujarat.

The loan carries a fixed interest rate of 6% per annum. The entire amount, interest included, has to be repaid in 60 equal monthly instalments, which works out to a five-year repayment window.

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

Yes. Your family's annual income cannot be more than ₹3,00,000. Beyond that ceiling, there is a specific provision in your favour if your household earns less — at least 50% of the loan amount is reserved for families with an annual income of up to ₹1,50,000.

Yes. Applicants are required to provide suitable collateral to secure the loan, so you should be ready to offer assets that GNDTDC can accept against the amount borrowed.

The funding is meant for self-employment ventures. It can go towards buying essential equipment, purchasing raw materials, or providing working capital. Eligible activities span agriculture and allied sectors, small-scale businesses, traditional craftsmanship, and other service-based trades.

No. This is a term loan, which means it is debt funding and it is non-dilutive. GNDTDC does not take any equity, shares, or ownership stake in the venture you set up with the money.

There is no fixed last date. Applications for the Term Loan Scheme are accepted on a rolling basis, so you can apply whenever your business plan and documents are ready.

Apply online through the GNDTDC portal at https://gndcdconline.gujarat.gov.in/ by opening the 'Term Loan' section and selecting 'Apply Now'. The form asks for personal details, family information, income details, any past loan history, and your bank account particulars. You will need to upload a photograph and signature, each under 15 KB, along with supporting documents in PDF, JPG, JPEG, or PNG format. Review everything using the preview option, enter the CAPTCHA, and submit.

Once you submit, you receive an Application ID or reference number. Save it or print the acknowledgement, because you can check your application status on the official website using that ID along with your date of birth.

The loan is assembled from three contributions: 85% comes from the National Corporation, 10% from the State Government, and the remaining 5% from the beneficiary.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for GNDTDC Term Loan Scheme — ₹20L at 6% for Gujarat Nomadic & Denotified Tribes, though having it can strengthen your application and unlock other benefits.

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. It is provided as non-dilutive funding.