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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.
SHRI VAJPAYEE BANKABLE YOJANA 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
This scheme aims to supply self-employment to unemployed persons in urban and rural areas.
Disabled and blind persons benefit under this scheme.
Vajpayee Bankable Loan Yojana Eligibility:
Age: 18 to 65 Years
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:
- Vajpayee Bankable Loan Yojana 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.
- 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%
Concerned District Industries Centers
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