Vajpayee Bankable Loan Yojana Gujarat Eligibility, Interest, and Forms

Vajpayee Bankable Loan Yojana Gujarat Online Application Form 2021 | Shri Vajpayee Bankable Yojana Eligibility. The government of Gujarat has launched a new Yojana for the workers of the cottage industry. This scheme is known as the “ Shri Vajpayee Bankable Scheme 2021” We are heard every day, the Government of Gujarat is thinking about many steps to give employment to unemployed people.

Vajpayee Bankable Loan Yojana

The government of Gujarat has launched a new Yojana for the workers of the cottage industry.

This scheme is known as “ Shri Vajpayee Bankable Scheme 2020” We are heard every day, the Government of Gujarat is thinking about many steps to give employment to unemployed people.

The Government of Gujarat has started this scheme in memory of our respected former Prime Minister Late Shri Atal Bihari Vajpayee.

Shri Vajpayee Bankable Yojana Loan – Subsidy Loan Application Form.

Vajpayee Bankable Loan Yojana

The increasing day-by-day population has created lots of hurdles in the development of the country. For this reason, the state governments are very busy to develop their state overall.

  • Contact your nearest District Industry Center for more information.
  • Application form for Shri Vajpayee Bankable Scheme
  • Application form for Shri Vajpayee Bankable Yojana
  • Guide Project Profiles for Shri Vajpayee Bankable Scheme
  • Resolution of Shri Vajpayee Bankable Scheme – Dated: 17-9-2018
  • Resolution of Shri Vajpayee Bankable Scheme – Dated: 11-11-2018 Subsidy form

This scheme’s main purpose is to provide self-employment to unemployed persons. This scheme is announced in both areas urban and rural areas and Disabled and blind persons are also covered to take benefits under this scheme.

Shri Vajpayee Bankable Yojana (VBY)provides financial assistance for 395 approved projects… subsidy on the loan amount and interest subsidy.

So the Gujarat Government has started a scheme for the benefit of rural and urban persons who are unemployed and want to start their businesses.

Purpose: This scheme aims to supply self-employment to unemployed persons in urban and rural areas. Disabled and blind persons are also eligible to take benefits under this scheme.

The cottage industry is a type of small-scale business in which people do work in their own houses also use their equipment. In India, there is a maximum population of villages earning their livelihood from this cottage industry.

This Cottage industry includes the textile and clothing industry, food production, rope production, candle production, etc.

Rate of subsidy on loan amount

Area General Category Scheduled Castes/ Scheduled Tribes / Ex-serviceman/Women/ blind or handicapped having 40% or more disability

Rural 25% 40%

Urban 20% 30%

Maximum Limit of Subsidy

  • Industrial Sector: – 1, 25,000/- Rupees.
  • Service Sector: – 1, 00,000/- Rupees.

General Category:-

  • Urban :- 60,000/- Rupees
  • Rural :- 75,000/- Rupees

Vajpayee Bankable Loan Yojana: Important Link

  • Contact your nearest District Industry Center for more information.
  • Guide Project Profiles for Shri Vajpayee Bankable Scheme
  • Resolution of Shri Vajpayee Bankable Scheme – Dated: 17-9-2018
  • Resolution of Shri Vajpayee Bankable Scheme – Dated: 11-11-2018
  • Application Form for Shri Vajpayee Bankable Scheme

Reserve Category:-

Urban / Rural :- 80,000/- Rupees

Eligibility Criteria under Subsidy for Vajpayee Bankable Yojana

The applicants should belong to a Minority community.

The annual Income of the Parent/ applicant should not exceed Rs.2, 00,000/- in Urban areas and Rs. 1, 50,000/- in Rural areas.

The age of the applicant must have between 18-65 years

The beneficiary of this scheme should possess Aadhaar Card or Ration Card.

The applicant should have passed the minimum standard fourth.

Training / Experience: The applicant should have taken training from any private organization for at least 3 months which is relevant to the profession or a government-approved institution or a family business.

Shri Vajpayee Bankable scheme is providing financial loans to workers in the cottage industry. The banks that provide loans for this scheme are nationalized banks, public sector banks, cooperative banks, and private banks.

Cottage Industry:-

The cottage industry is a type of small-scale business in which people do work in their own homes and also use their equipment. The maximum population of villages in India earns their livelihood from this cottage industry. This Cottage industry includes the textile and clothing industry, food production, rope production, candle production, etc.

Purpose of this scheme: – The purpose of this scheme is to provide self-employment to the unemployed people of Gujarat and also cover blind and disabled persons. The main motive of this scheme is to provide

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