Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan
A Gujarat government loan scheme that gives residents of the state up to ₹10 lakh to start a small business such as a grocery shop, medical store, garment outlet or bookshop, at 5% simple interest.
- Funding amount
- ₹10L (debt / loan)
- Funding type
- Debt / Loan
- Provider
- Industries and Mines Department, Government of Gujarat (Government)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
Nana Vyavasay Mate Loan Yojana is a self-employment lending programme from the Government of Gujarat, aimed at people who want to open a small business of their own but need affordable capital to get going.
The scheme sits inside the larger Self-Employment Scheme framework and is delivered through the Gujarat Unreserved Education and Economical Development Corporation (GUEEDC), under the Industries and Mines Department, Government of Gujarat.
Borrowed money can go towards getting the venture off the ground, towards working capital, or towards other expenses linked to the business. Ventures that fit the scheme's stated examples include a grocery shop, a medical store, a readymade garment outlet or a bookshop, and the list is not restricted to these.
The focus is on residents of Gujarat who fall in the unreserved category. The scheme exists to build self-reliance and economic independence by helping people run and grow their own small enterprises, and applicants are expected to actively manage the business themselves.
There is no fixed application window — submissions are accepted on a rolling basis throughout the year.
Highlights
- Loan of up to ₹10,00,000, or the real project cost, whichever is lower
- 5% simple interest per annum, with a 4% rate for women applicants
- Three-month moratorium before EMIs begin
- Repayment across 5 years (60 equal monthly instalments)
- Open to Gujarat residents aged 18–50 from the unreserved category
- Family income cap of ₹6,00,000, and only one beneficiary per family
Who can apply
To be considered, an applicant has to meet every one of the following conditions:
- Domicile: must be a resident of Gujarat.
- Category: must belong to the unreserved category.
- Age: must be between 18 and 50 years.
- Family income: the family's annual income must be ₹6,00,000 or less.
- One beneficiary per family: only a single member of a family can take the scheme's benefits.
- Business timeline: the small business has to be set up within three months of the loan being received.
- Repayment commitment: the applicant must be ready to repay in equal monthly instalments across 5 years, starting after a three-month moratorium.
The scheme is designed for individuals who are setting up or expanding a small self-employment venture, and it does not publish a restricted industry list.
Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan 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.
What the funding covers
A successful applicant receives a loan of up to ₹10,00,000, or the real cost of the project, whichever figure is smaller.
- Interest: charged at 5% simple interest per annum, reduced to 4% per annum for women applicants.
- Moratorium: repayments start only after a three-month moratorium, giving the venture time to stabilise.
- Repayment: the amount is paid back in 60 equal monthly instalments spread over five years.
- Use of funds: the money may be spent on getting the business set up, on working capital, or on other business-linked expenses.
Because this is a debt product, the capital is returned along with interest — no ownership stake in the business changes hands.
About the provider
Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan is offered by Industries and Mines Department, Government of Gujarat, a government body. As a government-backed debt / loan, it is publicly funded and open to eligible startups across India.
Documents you’ll need
Before you apply to Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan, 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.
Who this is best for
Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan is best suited for startups in India seeking non-dilutive funding of ₹10L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much money can I get through Nana Vyavasay Mate Loan Yojana?
You can borrow up to ₹10,00,000. The sanctioned figure is limited to whichever is smaller — ₹10 lakh or the real cost of your project. The money comes as a loan, not a grant, so it has to be paid back.
What interest rate applies, and is there a lower rate for women?
The loan carries 5% simple interest per annum. Women applicants get a concessional rate of 4% simple interest per annum.
When does repayment start and how long do I get to repay?
There is a three-month moratorium, so repayment does not begin straight away. After that, the loan is paid back in 60 equal monthly instalments spread over five years.
Who is eligible to apply?
You must be a resident of Gujarat, belong to the unreserved category, be between 18 and 50 years of age, and have a family annual income of ₹6,00,000 or less. You also need to be willing to repay on the prescribed terms and to set up the business within three months of receiving the loan.
Can two members of the same family both apply?
No. Only one person from a family can avail the benefits under this scheme.
What kind of businesses does the scheme support?
Small self-employment ventures. The scheme names a grocery shop, a medical store, a readymade garment outlet and a bookshop as examples, but that list is not exhaustive — the aim is to help you set up or expand a small business of your own.
What can the loan amount be used for?
It can cover the initial setting-up expenses of your venture, your working capital needs, and other expenditures connected with the business.
Is there a deadline to apply?
No. Applications are accepted on a rolling basis and the scheme is always open, so you can apply at any point in the year.
Does the scheme take equity in my business?
No. Nana Vyavasay Mate Loan Yojana is a debt scheme — you repay the borrowed amount with interest, and no ownership stake in your business is transferred to the government or the corporation.
How do I apply, and what do I do after submitting the online form?
Registration and application both happen online on the e-Samaj Kalyan portal at esamajkalyan.gujarat.gov.in. From the Corporation menu, open the Gujarat Unreserved Education and Economical Development Corporation section, go to Nana Vyavasay Mate Loan Yojana under Self-Employment Scheme and click Apply Now. New users register first using 'New User? Please Register Here', then log in with their User ID, password and captcha code. You confirm or correct your permanent address, use Save & Next to move ahead, and upload the relevant documents before submitting. Note down your application number and take a printout. The signed printout, along with the uploaded certificates, mark sheets and other supporting papers, must then reach the concerned Deputy Director (Non-Reserved Category) or the District Social Welfare Officer by courier, post, or in person.
Is DPIIT recognition required for Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan, though having it can strengthen your application and unlock other benefits.
Who offers Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan?
Nana Vyavasay Mate Loan Yojana — ₹10L Gujarat Small Business Loan is offered by Industries and Mines Department, Government of Gujarat, a government body. It is provided as non-dilutive funding.
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