Vajpayee Bankable Loan Yojana Gujarat 2021

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A scheme for providing financial assistance to the craftsmen of Cottage Industries through Nationalised Banks, Co-operative banks, Public sector Banks or Private Banks.

Vajpayee Bankable Loan Yojana Gujarat State Government Scheme :

(1) Purpose (2) Eligibility Criteria of the Scheme (3) Maximum Limit for Bank Loan (4) Rate of subsidy on loan amount( 5)Maximum Limit of Subsidy:

Vajpayee Bankable Loan Yojana Gujarat

Eligibility

Interest and Forms Download

This scheme aims to supply self-employment to unemployed persons in urban and rural areas.
Disabled and blind persons benefit under this scheme.

Eligibility for Vajpayee Bankable Loan Yojana

Age: 18 to 65 Years

Qualification:

The applicant should have passed minimum standard fourth OR, Training.

Experience: Should have undergone training for minimum three months from the private establishment or minimum one month from Government recognized Institutes, in the area of the proposed business or should have experience of minimum 1 year in the same activity or should be hereditary craftsperson.

No Income criteria for Vajpayee Bankable Loan Yojana

Vajpayee Bankable Loan Yojana Maximum Limit for Bank Loan:
₹.8.00 lakh for Industries sector.
₹.8.00 lakh for Service sector.
₹.8.00 lakh for Business sector.
Vajpayee Bankable Loan Yojana Rate of subsidy on a loan amount
The subsidy will be available as mentioned below for the Industries, Service & Business sector.

Area General Category Scheduled Castes/ Scheduled Tribes / Ex-serviceman/Women/ blind or handicapped having 40% or more disability

Rural: General Caste – 25%2. ST/ SC/ OBC/ Women and etc. – 40%

Urban: General Caste – 20%2. ST/ SC/ OBC/ Women and etc. – 30%