MICRO FINANCE (Gopalak Nigam)

Loan assistance up to ₹1.25 lakh for small businesses

Interest rate fixed at 5% per annum

95% loan coverage by the corporation

Only 5% contribution needed from the applicant

Promotes economic independence and small-scale entrepreneurship

The applicant must be a permanent resident of Gujarat.

The applicant must be a woman or man belonging to the Rabari or Bharwad caste.

The applicant must belong to a socially and educationally backward class as recognized by the Gujarat government.

The applicant must be between 21 and 45 years of age.

The applicant’s annual family income must not exceed ₹3.00 lakh.

The applicant must be planning to start or expand a small business.

Online

Step 1: Visit the official DAADC online portal.

Step 2: Register/log in using your credentials.

Step 3: Fill out the application form with accurate personal and scheme-specific details.

Step 4: Upload the required documents and submit.

You must submit the following documents:

Residence/Domicile Certificate of Gujarat

Caste Certificate (Rabari or Bharwad)

Income Certificate

Proof of Age (Aadhaar card, Voter ID, etc.)

Bank passbook or cancelled cheque

Own contribution proof (5%)

Basic business plan or purpose of loan