New Swarnima Scheme — ₹2 Lakh Loan at 5% for Rabari & Bharwad Women in Gujarat — Frequently Asked Questions
Answers to the questions founders most often ask about New Swarnima Scheme — ₹2 Lakh Loan at 5% for Rabari & Bharwad Women in Gujarat — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much can I borrow through the New Swarnima Scheme?
The scheme extends 100% loan assistance up to ₹2.00 lakh. That is the ceiling, and the amount you actually receive depends on your proposal and how it is assessed.
What interest rate do I have to pay on this loan?
Interest is charged at a subsidised rate of 5% per annum. Because it sits well below typical commercial lending rates, the repayment burden stays manageable for women running small ventures.
Who can apply for this scheme?
You can apply if you are a woman who is a permanent resident of Gujarat, belongs to the Rabari or Bharwad community, is aged between 21 and 45 years, has a total annual family income of no more than ₹3.00 lakh, and intends to put the money into your own business or self-employment venture.
Do I need to belong to a particular caste to qualify?
Yes. The scheme is specifically meant for women from the Rabari or Bharwad caste, both of which are recognised by the Government of Gujarat as socially and educationally backward classes. A valid caste certificate is part of the document set you will submit.
Is there a last date to submit an application?
No. Applications run on a rolling basis, which means the window stays open and you can apply whenever you are ready rather than working towards a fixed closing date.
Does the scheme take an equity stake in my business?
No. This is a loan product, not an equity investment, so no shares or ownership stake are taken in your venture. You simply repay what you borrow along with the 5% annual interest.
What kind of business can I start with the loan?
The scheme leaves the choice to you. It is not restricted to particular trades or sectors, so the loan can go towards any self-employment venture that suits your skills, experience and the demand in your area. It can be used to launch something new or to expand what you are already doing.
How do I apply for the New Swarnima Scheme?
Applications are made online through the DAADC portal at https://daadconline.gujarat.gov.in/. New users must register on the portal first, while existing users can log straight in. After that you fill in the application form with your personal details and scheme-specific information, attach the required documents, and submit.
What documents will I need to submit?
The application calls for identity proof, address proof, your caste certificate and an income certificate, along with any business-related documents the form asks for. It is worth reviewing every entry and attachment before you submit, since incomplete or incorrect details can hold up processing.
Is there an age limit for applicants?
Yes. Applicants must be at least 21 years old and no older than 45 years at the time of applying.
Is there a family income limit?
Yes. Your total annual family income must not exceed ₹3.00 lakh. Applications above that threshold do not qualify.
Is DPIIT recognition required for New Swarnima Scheme — ₹2 Lakh Loan at 5% for Rabari & Bharwad Women in Gujarat?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for New Swarnima Scheme — ₹2 Lakh Loan at 5% for Rabari & Bharwad Women in Gujarat, though having it can strengthen your application and unlock other benefits.
Who offers New Swarnima Scheme — ₹2 Lakh Loan at 5% for Rabari & Bharwad Women in Gujarat?
New Swarnima Scheme — ₹2 Lakh Loan at 5% for Rabari & Bharwad Women in Gujarat is offered by Gujarat Gopalak Vikas Nigam, a government body. It is provided as non-dilutive funding.
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