Micro Finance Scheme for Self Help Groups (GTKVN)
in Gujarat
Last updated:
Micro Finance Scheme for Self Help Groups (GTKVN) in Gujarat
Micro Finance Scheme for Self Help Groups (GTKVN) is a government scheme available to eligible residents of Gujarat.
Apply for Micro Finance Scheme for Self Help Groups (GTKVN) in Gujarat
Scheme Overview
The scheme aims to economically empower women from Thakor and Koli castes through self-employment opportunities via Self Help Groups (SHGs). Under this scheme, eligible members of SHGs receive a loan up to ₹60,000/- at low interest to start or expand small-scale businesses/enterprises.
Eligibility Criteria
The applicant should be a resident of Gujarat.
The applicant should be a member of a Self Help Group (SHG).
The applicant should belong to the Thakor or Koli caste.
The applicant's age should be at least 21 years and not more than 50 years as on the date of application.
The applicant’s annual family income should not exceed ₹3,00,000/-.
The applicant should have relevant experience in the proposed trade/business field.
The applicant will have to provide suitable collateral to get the loan.
> **Note:** At least 50% of the total loan allocation is reserved for those with family income up to ₹1,50,000/-.
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Benefits
Loan Amount: Up to ₹60,000/- for eligible small businesses.
Interest Rate: 5% per annum.
Loan Coverage: 95% of the project/business cost is covered; 5% contribution is to be made by the beneficiary.
Repayment Term: 48 equal monthly installments (4 years), including interest.
Required Documents
| # | Document |
|---|---|
| 1 | Aadhaar Card |
| 2 | Ration Card |
| 3 | Voter ID |
| 4 | Passport Size Photos |
| 5 | Business Address Proof |
| 6 | Birth Certificate |
| 7 | Caste Certificate |
| 8 | Bank Passbook |
| 9 | Income Certificate |
How to Apply in Gujarat
Step 1: Visit the official website of the Gujarat Thakor and Koli Vikas Nigam.
Online Step 1: Visit the official website of the Gujarat Thakor and Koli Vikas Nigam.
Step 2: On the top menu bar, click on "Apply Now".
Online Step 2: On the top menu bar, click on "Apply Now".
Step 3: Click on the loan scheme name.
Online Step 3: Click on the loan scheme name.
Step 4: Select the loan category and fill in the loan amount.
Online Step 4: Select the loan category and fill in the loan amount.
Step 5: Fill out the Application Form, enter the following details:
Online 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
Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Online Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Online Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
Online Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
Common questions in Gujarat
Who can apply for Micro Finance Scheme for Self Help Groups (GTKVN) in Gujarat?
Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Micro Finance Scheme for Self Help Groups (GTKVN). Refer to the eligibility section above for the complete checklist.
What documents are required for Micro Finance Scheme for Self Help Groups (GTKVN) in Gujarat?
Applicants in Gujarat typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
SHG members from Thakor or Koli caste aged 21–50 years. <br>