Shri Vajpayee Bankable 2020 Scheme to provide financial loans
Shri Vajpayee Bankable Scheme: Scheme for providing financial loans / assistance to artisans of cottage industry through nationalized banks, cooperative banks, public sector banks, private banks.
Objective 1: - To provide self-employment to unemployed persons in urban and rural areas of Gujarat under this scheme. People with disabilities or blind people will also be able to take advantage of this scheme.
(2) Eligibility of the scheme:
1. Age: 18 to 65 years
2. Educational Qualification: At least STD-4 (four) pass or
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 one year experience related to business or an inherited artisan.
3. There is no income limit.
(3) The bank through the borrower maximum limit:
(1) Maximum of 8 lakhs for the industry sector.
(Ii) Maximum of 8 lakhs for the service sector.
(2) Maximum of 8 lakhs for the business sector.
(3) Rate of assistance on loan amount: The rate of assistance for industry, service and business sector under this scheme will be as follows.
Area General Category SC / ST / Ex-Servicemen / Women / 40% Blind or Disabled
Rural 7% 4%
Urban ૩૦% ૩૦%
(2) Maximum limit of assistance:
Order Field Assistance Amount (Amount in Rupees)
Industry Industry. ₹. ₹, ૦૦૦
Service Service. ₹, ૦૦,૦૦૦
Trade General Category Urban General .૦૦૦,૦૦૦
Rural 4. ₹, ₹
Reserved Category Urban / Rural
Note: In case of blind or disabled beneficiary, the maximum assistance for any field is Rs. 1,25,000 / -
Important Link
Contact your nearest District Industry Center
for more inforrmation
Application Form for shri Vajpayee Bankable
Guide Project profiles for shri vajpayee
Bnkable Schem
Resolution of shri Vajpayee Bankable Scheme
Resolution of shri Vajpayee Bankable Scheme
Scheme to provide financial assistance to artisans of Cottage Industries through nationalized banks, cooperative banks, public sector banks or private banks.
Objective: The objective of this scheme is to provide self-employment to unemployed persons in urban and rural areas. Disabled and blind persons are also eligible to avail benefits under this scheme.
