The scheme “Micro Finance (GBCDC)” by the Social Justice and Empowerment Department, Government of Gujarat, aims to create self-employment for men from the backwards classes. Through this scheme, low interest rates and financial help are provided to the backwards class men. The scheme is implemented by the Gujarat Backwards Classes Development Corporation.

Benefits

• The maximum loan limit under this scheme is up to ₹1,25,000/-.
• The interest rate is 5 percent per annum.
• Loan Structure: 90% from the national corporation, 5% from the state government, and 5% from the beneficiary contribution.
• Repayment: The loan is to be repaid in 48 equal monthly instalments, including interest.

Eligibility

• The applicant should belong to a socially and educationally backwards class.
• The total annual family income should not exceed ₹3,00,000/-.
• Applicant’s age must be between 21 and 45 years.
• The applicant must have experience in a business requiring technical or other skills.

Application Process

Online: https://gbcdconline.gujarat.gov.in/

1. Step 1: Visit the official website and click on “Apply Online”.
2. Step 2: For new users, click “New Registration”, enter personal details, and complete OTP verification.
3. Step 3: Login and click on “New Application”.
4. Step 4: Select “Micro Finance Scheme” and fill out the form (Personal, Address, Income, Loan, and Bank details).
5. Step 5: Upload scanned copies of Caste certificate, Income certificate, Aadhaar, Photo, Bank passbook, and Residence proof.
6. Step 6: Preview and Submit. Note the Application ID for tracking.

Documents Required

• Identity Proof and Address Proof.
• Caste Certificate and Income Certificate.
• Bank Account Passbook.
• Passport‑size Photographs.