Vajpayee Bankable Loan Yojana Gujarat Eligibility, Interest and Forms
Vajpayee Bankable Loan Yojana Gujarat Eligibility, Interest and
Forms
A scheme for providing financial assistance to the craftsmen
of Cottage Industries through Nationalised Banks, Co-operative banks, Public
sector Banks or Private Banks.
This scheme aims to supply self-employment to the
unemployed persons in urban and rural areas. Disabled and blind persons are
also eligible to take benefits under this scheme.
Vajpayee Bankable Loan Yojana Eligibility
- 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 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
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 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: General Caste – 25%2. ST/ SC/ OBC/ Women and etc. – 40%
Urban: General Caste – 20%2. ST/ SC/ OBC/ Women and etc. – 30%
Vajpayee Bankable Loan Yojana 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 blind or handicapped person.
Application form for Shri Vajpayee Bankable Yojana
Contact
Concerned District Industries Centers Forms Available on
this website also from concerned District Industries Centres and as under.