Dattopant Thengadi Artisan Interest Subsidy Scheme | Subsidy to registered artisans who are more than 18 years of agefor working capital or machinery
Operated by
Industries and Mines Dept-Comissioner of Cottage & Rural industry, Government. of Gujarat
Purpose
Interest Subsidy to registered artisans who are more than 18 years of age for working capital or machinery
Probable duration
Any time during the year
Eligibility
- Age: More than 18 years
- The Artisan must have an Identity card
- Beneficiary should be male from General Category
Benefit Description
To provide interest subsidy for machinery or working capital at low interest rate to registered artisans who are more than 18 years of age.
Application process
The detail form and procedure for application is given in the below link http://www.cottage.gujarat.gov.in/eng/wp-content/uploads/2015/03/DTAISY.pdf
Other Details
Conditions if Any
- Repayment of Loan: The instalments of loan shall be effective after disbursement of loan, as fixed by the Bank.
- The loan, along with its interest, will be repaid regularly within a period of minimum of one year (12 monthly instalments) and a maximum of three years (36 monthly instalments), and this shall be binding upon the beneficiary.
More Information