LoanIndustries & Mines Department, Government of Gujarat

Gujarat State Financial Corporation — MSME Term Loan

The Aatmanirbhar Gujarat Scheme offers term loans and capital investment subsidies to MSMEs in Gujarat. It provides financial support through subsidies based on location and project size, benefiting manufacturing and service sectors within specific talukas.

Maximum amount
₹35.0L
Typical payout
₹20.0L
Processing time
8–24 weeks
Application window
Open year-round

Check if your startup qualifies for Gujarat State Financial Corporation — MSME Term Loan

Answer a few questions about your company and get a free, personalised eligibility report across all active government schemes — including GSFC Loan.

Check eligibility — free

Eligibility criteria

Company type
Private Limited, LLP, Proprietorship, Partnership Firm
Stage
Early Stage (Revenue < ₹1Cr), Growth Stage (₹1Cr–₹25Cr)
States
Gujarat
Sectors
manufacturing, food_processing, textile, chemicals, engineering, agritech, other
Prerequisites
  • Udyam (MSME) registration required

Documents required

1
Udyam Registration Certificate
Mandatory document to verify the enterprise's registration as a Micro, Small, or Medium Enterprise.
Tip: Ensure the certificate is up-to-date and matches your business details.
2
Bank Term Loan Sanction Letter
Mandatory document showing the sanctioned loan details from a recognized commercial bank.
Tip: Request this letter from your bank and confirm all loan terms are clearly stated.
3
Bank Disbursement Certificate
Verification of funds released by the bank. Mandatory for processing the subsidy.
Tip: Obtain from your bank once the loan amount is disbursed.
4
Chartered Accountant (CA) Certificate
Detailed certificate highlighting Fixed Capital Investment breaks. Mandatory for subsidy eligibility.
Tip: Engage a certified CA to accurately document all fixed capital expenses.
5
Constitution of the Enterprise
Document like Partnership Deed, LLP Agreement, or MoA/AoA to verify enterprise's legal structure.
Tip: Ensure this is notarized and up-to-date with current partners/directors details.
6
GST Registration Certificate
Mandatory for verifying the enterprise's registration under GST.
Tip: Make sure the certificate is current and accurately reflects your business information.
7
PAN Card of the Enterprise
Required to verify the entity's identity and tax registration.
Tip: Ensure the PAN card matches the business name and details.
8
Land Ownership Documents
Documents such as 7/12 Utara, Index copy, Property Card, or Rent/Lease Deed required to prove land ownership.
Tip: Gather the latest certified copies for submission.
9
Latest Electricity Bill
Bill matching the industrial connection, mandatory for site verification.
Tip: Ensure the bill is recent and correlates with the site address.
10
Cancelled Cheque
Mandatory for Direct Benefit Transfer (DBT) directly to the business account.
Tip: Use a cheque from the main business account and ensure account details are clearly visible.
11
Proof of Age / Birth Certificate
Required for entrepreneurs under 35 seeking the additional interest benefit.
Tip: Provide a government-issued birth certificate or official age proof.
12
Caste or Disability Certificates
Needed for availing specific demographic category relaxations.
Tip: Ensure these certificates are government-authorized and current.
13
GPCB NOC/Consent
Necessary for environmentally sensitive manufacturing setups.
Tip: Obtain clearance from the Gujarat Pollution Control Board if applicable.
14
Original Invoices and Plant Layout Booklet
Itemizing technical equipment or energy conservation assets purchased.
Tip: Keep detailed records with all original invoices for verification.
15
Board Resolution
Authorizing a specific signatory to handle legal declarations.
Tip: Draft a clear resolution and have it signed by all board members.

How to apply for GSFC Loan

1
Visit the official Investor Facilitation Portal (IFP) Gujarat and register as a new investor.Open portal
2
Authenticate your registration via the email activation link sent to you.
3
Log in to the IFP Portal and access your account dashboard to complete the application forms.
4
Select the Aatmanirbhar Gujarat Scheme for Assistance to MSMEs and fill in all required details.
5
Upload all mandatory documents and submit the application for review.

Frequently asked questions

Who is eligible for GSFC Loan?

GSFC Loan is available to Private Limited, LLP, Proprietorship, Partnership Firm companies at the Early Stage (Revenue < ₹1Cr), Growth Stage (₹1Cr–₹25Cr) stage, across Gujarat. Udyam (MSME) registration is required.

How much funding does GSFC Loan provide?

GSFC Loan provides up to ₹35.0L. Most applicants receive around ₹20.0L.

How long does GSFC Loan approval take?

The typical processing time from submission to disbursement is 8–24 weeks.

Is GSFC Loan currently accepting applications?

Yes, GSFC Loan is currently active and accepting applications. Application window: Open year-round.

Do I need Udyam registration for GSFC Loan?

Yes, Udyam (MSME) registration is required. Register at udyamregistration.gov.in before applying.

Ready to apply for Gujarat State Financial Corporation — MSME Term Loan?

Find out in minutes if you meet the eligibility criteria — and discover every other government scheme your startup qualifies for, at no cost.

Check eligibility — free

Information is based on publicly available scheme guidelines. Always verify with official sources before applying.