Read All Information About Self-Employment Schemes

  • Name of the scheme: Self-employment schemes.
  • The interest rate on the loan will be 5% per annum for simple interest and 3% for women.
Educational loan assistance up to a limit of Rs. 10 lakhs to non-reserved class people, Rs. 1200 meal bill assistance to students studying in various courses, tuition assistance of Rs. 15 thousand per annum to science stream students of Std. Preparation for JEE, GUJCET, NEET examination for medical engineering admission after standard 12 and Rs. 20 thousand coaching fee assistance as well as loans for medical, engineering, undergraduate, postgraduate courses after Std. 12 abroad at a lower rate of up to Rs. 15 lakh. Assistance of Rs.20,000 as training assistance for competitive examination, five per cent interest assistance on loans up to Rs.10 lakh against back loan for doctor, graduate, lawyer. Benefits will be available under the annual income limit of six lakh.

Apart from this, non-reserved category candidates have to purchase vehicles like rickshaws, loading rickshaws, Maruti Eco, Jeep, taxis as well as loans up to Rs. 5% interest subsidy on loans up to Rs. 6 lakhs through the bank and 5% interest subsidy on loans up to Rs. 10 lakhs taken through the bank for graduates, doctors, lawyers, engineering candidates to start a business.

Candidates who want to avail the benefits of this have to download the detailed information of the schemes and application form from the website of the corporation www.gueedc.gujarat.gov.in, get the print of it and fill in the complete details. Candidates of Surat district should send the application for non-reserved Educational and Economic Development Corporation, C-Block, 8th Floor, Bahumali Bhavan, Nanpura by attaching the required documents along with the application.

Income Limit: The annual income limit of the family is Rs. 4.00 lakhs or less.

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