Term Loan Scheme (GTKVN)
The scheme aims to promote self-employment among individuals from the Thakor and Koli communities by providing financial assistance up to ₹10,00,000/- for agriculture and allied activities, small-scale businesses, craftsmanship, traditional occupations, and service-based businesses/trades.
About This Scheme
Benefits
₹10.0 L · monthly
Loan Amount: Loans up to ₹10,00,000/- are provided for eligible small businesses.- Interest Rate: Interest on the loan will be charged at 6% up to ₹5,00,000/-.- Loan Coverage: Government share 95% of project cost, and beneficiary share 5% margin money- Loan Tenure: The loan amount will have to be repaid in 60 equal monthly installments including interest.- Guarantor: One guarantor required
Eligibility
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Required Documents
- ✦Aadhaar Card
- ✦Ration Card
- ✦Voter ID
- ✦Passport Size Photos
- ✦Business Address Proof
- ✦Birth Certificate
- ✦Caste Certificate
- ✦Bank Passbook
- ✦Income Certificate
✦ Required ◦ Optional
How to Apply
Personal Information: Name, gender, date of birth, caste, etc. Address Information: Permanent and correspondence address Income Details: Monthly family income and source Loan Requirement: Amount needed, proposed use (e.g., business, self-employment) Bank Account Details: For loan disbursement
Quick Info
- Level
- Central Government
- Max benefit
- ₹10.0 L