Shri Vajpayee Bankable Yojana in Gujarat Financial loan / Assistance plan 2021 Bankable Loan Yojana Gujarat Online Application Form 2021 Shri Vajpayee Bankable Scheme has provide financial loans / assistance to cottage industry artisans through nationalized banks, co-operative banks, public sector banks, private banks

Vajpayee Bankable Yojana in Gujarat Financial loan / Assistance plan 2021

Vajpayee Bankable Loan Yojana Purpose

– Under this Yojana the intention is to provide self employment to the unemployed persons in urban and rural areas of Gujarat. People with disabilities or blind people will also be able to avail the benefits of this scheme.

Eligibility of the scheme : 

1 . Age Limit: 18 to 65 years

2 . Educational Qualification : At least Std-4 (four) pass or Abou

Training / Experience : Must have at least 3 months training from a private institute suitable for the profession or at least one month training from a government recognized institute or have one year business related experience or inherited artisan.

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.

3 . There is no income limit: 

( 3 ) Bank through loan borrowers maximum limits :

  • (1) Maximum 8 lakh for industry sector.
  • (2) Maximum 8 lakh for service sector.
  • (3) Maximum 8 lakh for trade sector.

( 4 ) Assistance rate on loan amount : Assistance rate for industry, service and trade sector under this scheme will be as under.

Area General Category Scheduled Caste / Scheduled Tribe / Ex-Serviceman / Women / 40% Blind or Handicapped

  • Rural 25% 40%
  • Urban 20% 30%

( 2 ) Maximum limit of assistance : Order Field Aid amount limit ( amount in rupees )

  • Industry ₹.1,25,000
  • Service ₹1,00,000
  • Trade General Category Urban ₹.60,000
  • Rural ₹.75,000
  • Reserve category Urban / Rural ₹.80,000

Note : In case of blind or disabled beneficiary, the maximum assistance for any sector will be Rs. 1,25,000 /-


 Important Links: 

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

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