Shri Vajpayee Bankable Yojana Gujarat 2021
A scheme for providing financial assistance to the craftsmen of Cottage Industries through Nationalised Banks, Cooperative banks, Public sector Banks, or Private Banks.
Purpose: This scheme aims to supply self-employment to unemployed persons in urban and rural areas. Disabled and blind persons are also eligible to take benefits under this scheme.
(2) Eligibility Criteria of the Scheme:
Age: 18 to 65 Years.
Qualification: The applicant should have passed minimum standard fourth OR, Training/ Experience: Should have undergone training for a minimum of three months from the private establishment or minimum of one month from Government recognized Institutes, in the area of the proposed business or should have experience of minimum of 1 year in the same activity or should be a hereditary craftsperson.
No Income criteria.
(3) Maximum Limit for Bank Loan:
₹.8.00 lakh for the Industries sector.
₹.8.00 lakh for the Service sector.
₹.8.00 lakh for the Business sector.
Application form for Shri Vajpayee Bankable Yojana 2021
Application form for Shri Vajpayee Bankable Yojana Download
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Contact
Concerned District Industries Centers Forms Available on this website also from concerned District Industries Centres and asunder.
(4) Rate of subsidy on the loan amount: Subsidy will be available as mentioned below for Industries, Service & Business sector.
Area General Category Scheduled Castes/ Scheduled Tribes / Ex-serviceman/Women/ blind or handicapped having 40% or more disability
Rural 25% 40%
Urban 20% 30%
(5) Maximum Limit of Subsidy:
Sr. No. Sector Limit of Subsidy Amount
1 Industries ₹.1,25,000/-
2 Service ₹.1,00,000/-
3 Business General Category Urban ₹.60,000/-
Rural ₹.75,000/-
Reserve Category Urban/ Rural ₹.80,000/-
Note: The maximum limit of subsidy per beneficiary in any sector will be ₹.1,25,000/- for a blind or handicapped persons.
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