Vajpayee Bankable Yojana

The Ministry of Finance, Government of Gujarat has launched Shri Vajpayee Bankable Yojana portal through National Informatics Centre. Applicants will now need to apply online. The disposal and delivery process will be expedited within its installation period. The program will be held with the noble objective of providing self-employment to the unemployed youth.

The Purpose Of The Scheme

This program aims to provide self-employment to the unemployed in the city and rural areas. Disabled and blind people are also eligible to get benefits under this scheme.

Eligibility Criteria Of The Scheme

  • The applicant should have passed minimum standard fourth OR
  • Training/ Experience: Should have undergone training for minimum three months from private establishment or minimum one month from Government recognized Institutes, in the area of the proposed business or should have experience of minimum 1 year in the same activity or should be hereditary craftsperson.
  • No Income criteria.

Age Criteria

18 to 65 Years

 Maximum Limit for Bank Loan

  • ₹.8.00 lakh for Industries sector.
  • ₹.8.00 lakh for Service sector.
  • ₹.8.00 lakh for Business sector.

Rate of subsidy on loan amount

Area General Category Scheduled Castes/ Scheduled Tribes / Ex-serviceman/Women/ blind or handicapped having 40% or more disability
Rural 25% 40%
Urban 20% 30%

 

Maximum Limit of Subsidy

Industrial Sector: – 1, 25,000/- Rupees.

Service Sector: – 1, 00,000/- Rupees.

General Category

  • Urban :- 60,000/- Rupees
  • Rural :- 75,000/- Rupees

Reserve Category

  • Urban / Rural :- 80,000/- Rupees

Required New Documents List

  • Aadhar Card
  • Cast Certificate
  • Photo
  • Experience Certificate/Educational Certificate
  • Proof of business Place
  • Quotation
  • School Leaving Certificate

How to Apply

Applicants wishing to avail the benefits of this scheme will have to apply online on this newly given website and Following are the steps to apply online.

  • First go to the official website: 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

Official Website Link Click Here
Apply Online Link Click Here
How to Apply guidelines Link Click Here

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