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Term Loan Scheme (GTKVN)

The scheme aims to promote self-employment among individuals from the Thakor and Koli communities by providing financial assistance up to ₹10,00,000/- for agriculture and allied activities, small-scale businesses, craftsmanship, traditional occupations, and service-based businesses/trades.

Ministry / Department
Social Justice and Empowerment Department
Level
State
Benefit type
cash
Last verified: Recently

What is Term Loan Scheme (GTKVN)?

The scheme aims to promote self-employment among individuals from the Thakor and Koli communities by providing financial assistance up to ₹10,00,000/- for agriculture and allied activities, small-scale businesses, craftsmanship, traditional occupations, and service-based businesses/trades.

Benefit
- **Loan Amount:** Loans up to ₹10,00,000/- are provided for eligible small businesses.- **Interest Rate:** Interest on the loan will be charged at 6% up to ₹5,00,000/-.- **Loan Coverage:** Government share 95% of project cost, and beneficiary share 5% margin money- **Loan Tenure:** The loan amount will have to be repaid in 60 equal monthly installments including interest.- **Guarantor:** One guarantor required
Level
State — Gujarat
Ministry / Dept.
Social Justice and Empowerment Department
Benefit type
cash
Key eligibility
1. The applicant should be a resident of Gujarat. 1. The applicant should belong to Thakor or Koli community. 1. The applicant’s annual family income should not exceed ₹3,00,000/-. 1. The applicant’s age should be between 21 and 50 years. 1. The applicant must have experience/skilled in the proposed
Last verified
Recently

Benefits

- **Loan Amount:** Loans up to ₹10,00,000/- are provided for eligible small businesses.- **Interest Rate:** Interest on the loan will be charged at 6% up to ₹5,00,000/-.- **Loan Coverage:** Government share 95% of project cost, and beneficiary share 5% margin money- **Loan Tenure:** The loan amount will have to be repaid in 60 equal monthly installments including interest.- **Guarantor:** One guarantor required

Eligibility

1. The applicant should be a resident of Gujarat. 1. The applicant should belong to Thakor or Koli community. 1. The applicant’s annual family income should not exceed ₹3,00,000/-. 1. The applicant’s age should be between 21 and 50 years. 1. The applicant must have experience/skilled in the proposedArea: GujaratBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Step 1: Visit the official website of the Gujarat Thakor and Koli Vikas Nigam.

    2. Step 2: Online application — step 2

      Step 2: On the top menu bar, click on "Apply Now".

    3. Step 3: Online application — step 3

      Step 3: Click on the loan scheme name.

    4. Step 4: Online application — step 4

      Step 4: Select the loan category and fill in the loan amount.

    5. Step 5: Online application — step 5

      Step 5: Fill out the Application Form, enter the following details:

    6. Step 6: Online application — step 6

      Personal Information: Name, gender, date of birth, caste, etc. Address Information: Permanent and correspondence address Income Details: Monthly family income and source Loan Requirement: Amount needed, proposed use (e.g., business, self-employment) Bank Account Details: For loan disbursement

    7. Step 7: Online application — step 7

      Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.

    8. Step 8: Online application — step 8

      Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.

    9. Step 9: Online application — step 9

      Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website