A Portal For Shri Vajpayee Bankable Yojana Has Been Launched By The Finance Department Of The Government Of Gujarat Through The National Informatics Center. Applicants Will Have To Apply Online From Now On. The Process Of Disposal And Benefit Will Be Expedited Within The Time Limit Of Its Application. The Scheme Will Be Run With The Noble Intention Of Providing Self Employment To The Unemployed Youth.The Gujarat Government Is Running Many Schemes To Make Job-Seeking Youth Self-reliant. One Such Important Scheme Is The Vajpayee Bankable Loan Yojana. This Scheme Is Especially For Those Youth Who Want To Start Their Own Personal Business, Industry Or Service-Based Business But Cannot Succeed Due To Lack Of Financial Support.
Overview : Vajpayee Bankable Yojana Gujarat
- Scheme Name: Shri Vajpayee Bankable Yojana
- Purpose: Self-employment To The Unemployed Persons In Urban And Rural Areas.
- Launch By: Gujarat Government.
- Maximum Loan Support: 8.00 lakh for Industries, Service and Business Sector.
- Official Portal: www.blp.gujarat.gov.in
Eligibility :
- The Applicant Should Be A Permanent Resident Of Gujarat.
- The Age Should Be Between 18 And 65 Years.
- The Applicant Should Have Passed At Least Standard 10 (In Some Cases Educational Qualification Is Not Mandatory).
- The Applicant Should Be Eligible For A Bank Loan And Should Have Banking Activity.
- Certificate That No Government Loan Assistance Has Been Availed Earlier Is Required.
Objectives :
- To Provide Loan Assistance To Job Seeking Youth To Make Them Self-reliant.
- To Promote Small And Micro Level Industries.
- To Bring Forward Socially And Economically Backward Classes.
Benefits:
- Helpful To Start Your Own Business.
- Relief In Interest Rates.
- The Amount To Be Paid Is Reduced Due To Subsidy From The Government.
- More Benefits For Workers, Scheduled Caste/Caste Youth.
Subsidy :
- Reserved Categories: For Applicants Belonging To Reserved Categories Such As Scheduled Castes (SC), Scheduled Tribes (ST), And Other Backward Classes (OBC), The Government Provides A Subsidy Of 25% Of The Total Loan Amount. However, The Maximum Amount Of This Subsidy Can Be Up To ₹1,25,000.
- General Categories: For General Category Applicants, A Subsidy Of 20% Is Also Provided By The Government On Some Portion Of The Loan Under This Scheme. The Maximum Amount Of Subsidy For General Categories Is Limited To ₹1,00,000.
- Economically Weaker Sections(EWS): Under This Scheme, EWS (Economically Weaker Section) Applicants Also Get Special Grants. This Category Is Given More Facilities In Loan Approval And In Getting Subsidy.
Required Documents:
- Aadhar Card
- Pan Card
- Passport Size Photograph
- Ration Card As Proof Of Residence
- Certificates Of Educational Qualification
- Business Project Report
- Caste Certificate (For Reserved Category)
- Bank Passbook And Account Details
How to Apply:
- First Go To The Official Website: www.blp.gujarat.gov.in
- Click On The Register Button Provided By The Applicant On The Website.
- Click On The Register Button, Enter The Mobile Number And Enter The Captcha Given Below
- Then Insert The OTP In Your Mobile.
- Now Fill In The Given Information Online And Upload The Required Documents.
- Finally Press The Submit Or Confirm Button.
Important Links:
- Booklet: Click Here
- Application Portal: www.blp.gujarat.gov.in
- Scheme Details: District Industries Centre (DIC)
- Helpline For Assistance: Contact District Industries Centre.
Conclusion :
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