New Swarnima Yojana for Women (GTKVN)

Description
The "New Swarnima Yojana" is implemented by the Gujarat Thakor and Koli Vikas Nigam GTKVN under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to promote economic upliftment of women from Thakor and Koli communities living below poverty line by supporting them in self-employment ventures. Under this scheme, 100% financial assistance up to ₹1,00,000/- is provided to eligible women for starting a business or trade of their choice.

Benefits
• Loan Amount: Up to ₹1,00,000 for eligible business/trade activities.
• Interest Rate: 5% per annum.
• Loan Coverage: 100% of the approved project/business cost.
• Repayment Term: 60 equal monthly installments (5 years), including interest.

Eligibility Criteria
1. The applicant should be a resident of Gujarat.
2. The applicant should be a woman.
3. The applicant should belong to Thakor or Koli community.
4. The applicant should be between 21 and 50 years of age on the date of application.
5. The applicant’s annual family income should not exceed ₹3,00,000/-.
6. The woman applicant should have experience related to the proposed business/trade.
7. The applicant will have to provide suitable collateral to get the loan.
8. > **Note:** At least 50% of the total credit is reserved for applicants from families with income up to ₹1,50,000/- annually.
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Application Process
Step 1: Step 1: Visit the official website of the Gujarat Thakor and Koli Vikas Nigam.
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Step 1: Visit the official website of the Gujarat Thakor and Koli Vikas Nigam.

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

Step 3: Step 3: Click on the loan scheme name.
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Step 3: Click on the loan scheme name.

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

Step 5: Step 5: Fill out the Application Form, enter the following details:
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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: Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
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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: Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
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Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.

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

Required Documents
• Aadhaar Card
• Ration Card
• Voter ID
• Passport Size Photos
• Business Address Proof
• Birth Certificate
• Caste Certificate
• Bank Passbook
• Income certificate

Frequently Asked Questions
Q: What is the objective of this scheme?
A: The scheme aims to promote economic upliftment of Thakor and Koli women living below the poverty line by supporting them in self-employment ventures of their choice.
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Q: Who is eligible to apply for the scheme?
A: Women belonging to the Thakor or Koli caste, aged between 21 to 50 years, and meeting the income and experience criteria, are eligible.
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Q: What is the annual income limit for applying?
A: The family’s annual income must not exceed ₹3 lakh. At least 50% of loans will be given to those with income up to ₹1.5 lakh.
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Q: Is there an age requirement for applicants?
A: Yes, the applicant must be between 21 and 50 years old on the date of application.
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Q: What is the interest rate for the loan?
A: The interest rate is 5% per annum.
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Q: What is the repayment period for the loan?
A: The loan must be repaid in 60 equal monthly installments, including interest.
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Q: Is the loan amount given in full for the chosen business?
A: Yes, the scheme provides 100% of the business/occupation cost as a loan.
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Q: Is collateral security required to get the loan?
A: Yes, the applicant must provide suitable collateral for the loan.
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