Sarkari Yojana
Motorcycle Taxi Yojana
About Motorcycle Taxi Yojana
Introduced by the Cooperative Department, Government of Uttarakhand, the “Motorcycle Taxi Yojana” encourages Uttarakhand residents to become self-employed. It offers interest-free loans for buying motorcycles or scooters to run as motorcycle taxis, which improves connectivity for tourism and creates livelihood opportunities in the state.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for Motorcycle Taxi Yojana, applicants must satisfy the following conditions:
Only permanent residents of Uttarakhand can apply
Only permanent residents of Uttarakhand can apply.
Applicants should be aged between 18 and 55…
Applicants should be aged between 18 and 55 years.
A valid license from the Transport Department is…
A valid license from the Transport Department is required.
Defaulters of any financial or cooperative institution are…
Defaulters of any financial or cooperative institution are not eligible.
A CIBIL (Credit Information Bureau India Limited) score…
A CIBIL (Credit Information Bureau India Limited) score of at least 700 is needed.
Benefits Provided
Motorcycle Taxi Yojana provides the following benefits to eligible applicants:
To buy scooters or motorcycles for carrying tourists/travelers…
To buy scooters or motorcycles for carrying tourists/travelers between places at major tourist destinations, the applicant gets an interest-free loan for a period of 2 years.
The loan amount is the lower of 75%…
The loan amount is the lower of 75% of the total cost or ₹1.75 lakh per scooter/motorcycle, and the applicant has to arrange the balance 25%.
Up to 10 scooters/motorcycles can be bought by…
Up to 10 scooters/motorcycles can be bought by a single applicant.
Documents Required
Applicants should keep the following documents ready before starting the application:
The applicant's Aadhaar Card
The applicant's Aadhaar Card
Certificate of birth
Certificate of birth
Details of the bank account
Details of the bank account
Certificate of permanent residence
Certificate of permanent residence
A quotation with the Ex-Showroom Price of the…
A quotation with the Ex-Showroom Price of the Scooter/Motorcycle
A valid driving licence
A valid driving licence
Particulars of two guarantors
Particulars of two guarantors
Further supporting documents, as needed
Further supporting documents, as needed
How to Apply
Offline Application
Applicants can apply for Motorcycle Taxi Yojana through the offline application process outlined below.
Application Process
The form for buying a scooter or motorcycle is obtained from the cooperative bank in the applicant's area.
It is then submitted at that bank together with these documents: Aadhaar card, birth certificate, bank account details, permanent residence certificate, quotation and ex-showroom price of the scooter/motorcycle, driving license, and details of two sureties.
Once submitted, applications are scrutinised and passed to the District Level Committee chaired by the District Magistrate/Chief Development Officer, before which they are placed for selection.
Through the District Cooperative Bank Head Office, the applications chosen by the committee go to the bank branches concerned. When the prescribed formalities are complete, the bank issues a loan sanction letter and pays the sanctioned amount straight to the institution or firm selling the scooter or motorcycle.
Loans run for a maximum of 3 years and are repaid in 35 equal monthly installments, with the first falling due one month after disbursement.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.