Self-Employment Scheme: Nana Vyavasay Mate Loan Yojana

About This Scheme

"Nana Vyavasay Mate Loan Yojana" is a component under the "Self-Employment Scheme" introduced by the Social Justice and Empowerment Department, Gujarat. Under this scheme, for any self-employment business like a business or grocery shop, medical store, readymade garment store, bookstore, etc., a loan of up to ₹10,00,000/- or the actual expenditure incurred, whichever is less, will be provided by the Corporation. The scheme is being implemented by the Gujarat Unreserved Education and Economical Development Corporation. The scheme is being implemented by the Gujarat Unreserved Education and Economical Development Corporation.

What You Get

As set out by Government of India.

• Financial Assistance: Loan up to ₹10,00,000/- or actual expenditure, whichever is lower.

Am I Eligible?

You may be eligible if all of these are true for you.

• The applicant must be a resident of Gujarat.
• The applicant must belong to the unreserved category.
• The applicant's age should be between 18 years and 50 years.
• The small business will have to be started within three months of obtaining the loan.
• The applicant must be willing to repay the loan in equal monthly installments over 5 years after three months of starting the business.
• The annual income limit of the family should be ₹6,00,000/- or less.

Final eligibility is decided by the government department handling this scheme.

Required Documents

myScheme, Government of India does not list the documents for this scheme. The department's own website often does - check the official links below before you set off, or ask at the office where you apply.

How to Apply

1. 1 Go to the Corporation's official website and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under the Corporation menu.
2. 2 Click on "Nana Vyavasay Mate Loan Yojana" under "Self-Employment Scheme" and then Apply Now.
3. 3 Click on "New User? Please Register Here".
4. 4 Enter the required details and click Register.
5. 5 Enter your User ID, Password, and Captcha Code, then click "Login".
6. 6 Read the scheme details carefully and click OK.
7. 7 If your permanent address is correct, confirm it. Otherwise, enter your correct address.
8. 8 Click Save & Next to proceed. Upload the relevant documents.
9. 9 If you need to make changes, click "No, Cancel". If all details are correct, click "Yes, Submit".
10. 10 Click Save Application. Note down your Application Number for future reference. You can also take a printout by clicking Print Application.

Official Documents and Links

Published by the department that runs this scheme.

• Guidelines 1
• Guidelines 2
• User Manual