Sarkari Yojana
Micro Finance Scheme for Self Help Groups (GTKVN)
About Micro Finance Scheme for Self Help Groups (GTKVN)
The Gujarat Thakor and Koli Vikas Nigam (GTKVN), under the Social Justice and Empowerment Department, Government of Gujarat, implements the “Micro Finance Scheme for Self Help Groups”. Its purpose is to make women of the Thakor and Koli castes economically stronger by creating self-employment through Self Help Groups (SHGs). Eligible SHG members get low-interest loans to set up or grow small-scale businesses/enterprises.
Scheme Overview
State Government
Gujarat Thakor And Koli Vikas Nigam
Scheme Details
Eligibility Requirements
To qualify for Micro Finance Scheme for Self Help Groups (GTKVN), applicants must satisfy the following conditions:
Only residents of Gujarat can apply
Only residents of Gujarat can apply.
Membership of a Self Help Group (SHG) is…
Membership of a Self Help Group (SHG) is required.
The applicant must be from the Thakor or…
The applicant must be from the Thakor or Koli caste.
On the date of application, the applicant has…
On the date of application, the applicant has to be at least 21 years and at most 50 years old.
Family income in a year must not go…
Family income in a year must not go above ₹3,00,000/-.
Experience in the planned trade/business field is needed
Experience in the planned trade/business field is needed.
A suitable collateral must be furnished to obtain…
A suitable collateral must be furnished to obtain the loan. Note: No less than 50% of the total loan allocation is set aside for applicants whose family income is up to ₹1,50,000/-.
Benefits Provided
Micro Finance Scheme for Self Help Groups (GTKVN) provides the following benefits to eligible applicants:
Loan Amount
Loan Amount: Eligible small businesses can borrow up to ₹60,000/-.- Interest Rate: Interest is charged at 5% per annum.- Loan Coverage: The loan meets 95% of the project/business cost, while the beneficiary puts in the remaining 5%.- Repayment Term: The loan is repaid with interest in 48 equal monthly installments (4 years).
Documents Required
Applicants should keep the following documents ready before starting the application:
Applicant's Aadhaar Card
Applicant's Aadhaar Card
Ration Card
Ration Card
Voter ID card
Voter ID card
Photos of passport size
Photos of passport size
Proof of the business address
Proof of the business address
Certificate of birth
Certificate of birth
Certificate of caste
Certificate of caste
The bank passbook
The bank passbook
Certificate of income
Certificate of income
How to Apply
Online Application
Applicants can apply for Micro Finance Scheme for Self Help Groups (GTKVN) through the online application process outlined below.
Go to the official website of the Gujarat…
Go to the official website of the Gujarat Thakor and Koli Vikas Nigam.
Choose "Apply Now" in the top menu bar
Choose "Apply Now" in the top menu bar.
Select the name of the loan scheme
Select the name of the loan scheme.
Pick the loan category and enter the loan…
Pick the loan category and enter the loan amount.
Complete the Application Form, giving these details
Complete the Application Form, giving these details:
Personal Information: name, gender, date of birth, caste, etc.
Address Information: permanent and correspondence address
Income Details: the family's monthly income and its source
Loan Requirement: how much is needed and what it will be used for (e.g., business, self-employment)
Bank Account Details: where the loan is to be paid
Upload scans of the Caste certificate, Income certificate,…
Upload scans of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, the first page of the Bank passbook, and Residence proof.
Go over all the details again, check them…
Go over all the details again, check them with "Preview", and choose "Submit" if everything is right.
An Application ID/Reference Number is given to the…
An Application ID/Reference Number is given to the applicant; keep the acknowledgement saved or printed to track the application.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.