The economic condition of the Ismos of the tribe is not good and they need money to build stables. This assistance is provided to the Scheduled Castes so that they do not have to take high interest loans from outside institutions, banks. Such loans are given to pastoralists by Gujarat Adijati Nigam for construction of their stables.
Let’s take a look at some of the qualifications and qualifications for a stable loan scheme.
The applicant must have a certificate of belonging to the tribe.
Applicant age should not be less than 18 years and not more than 55 years.
Those who have annual family income of Rs. 1,20,000 / – for rural area and Rs. 1,50,000 / – for urban area will get the benefit of this scheme.
The details of interest rate in Tabela Loan Scheme and how much the beneficiary will have to contribute are given below.Beneficiary will get a loan of Rs. 4 lakhs.
Beneficiaries will have to contribute 10% of the total loan to get this loan.
The loan is to be repaid at the rate of 4% per annum. Which is equal to Tabela Loan Subsidy.
Under the loan for stables there will be a penalty of 2% if the loan is delayed
The loan will be repaid in 20 quarterly installments.
If the applicant has the facility for this loan, the applicant can repay the loan even before the stipulated time after taking the loan.