About this banking scheme
A scheme for providing financial assistance to the craftsmen of Cottage Industries through Nationalised Banks, Cooperative banks, Public sector Banks or Private Banks.
Details
This scheme aims to supply self-employment to unemployed persons in urban and rural areas. Disabled and blind persons are also eligible to take benefits under this scheme
Benefits at a glance
| Scheme name | Shri Vajpayee Bankable Yojana (SVBY) |
|---|---|
| Launched by | Finance Department |
| Benefit type | Composite (cash plus goods or services) |
| Category | Banking |
| Level / State | State · Gujarat |
| Official portal | blp.gujarat.gov.in (link at the end of this page) |
Key facts
| Scheme for | Individual |
|---|---|
| Application mode | Online / Offline |
| Last date | Ongoing (no last date notified) |
| Age | 18 to 65 years |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18 to 65 years
- 📝Online / Offline
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
Benefits
- Maximum Limit for Bank Loan
- Rs. .8.00 lakh for the Industries sector.
- Rs. .8.00 lakh for the Service sector.
- Rs. .8.00 lakh for the Business sector.
- Rate of subsidy on the loan amount: Subsidy will be available as mentioned below for the Industries, Service & Business sectors.
| 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
| S No. | Sector | Limit of Subsidy Amount |
| 1 | Industries | Rs. 1,25,000/- |
| 2 | Service | Rs. 1,00,00/- |
| 3 | Business | General Category: Urban- Rs. 60,000/- Rural Rs. Rs. 75,000/- |
| 4 | Business | Reserve Category: Urban/ Rural Rs. 80,000/- |
Note: The maximum limit of subsidy per beneficiary in any sector will be Rs. .1,25,000/- for a blind or handicapped person
Who qualifies
Eligibility
- Age: 18 to 65 years.
- Qualification: The applicant should have passed the minimum standard fourth OR, Training/ Experience: Should have undergone training for a minimum of three months from the private establishment or a minimum of 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 a hereditary craftsperson.
- No Income criteria
Papers to keep ready
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List of the required documents
Registration walkthrough
Online
Application Process
- Visit the official website https://blp.gujarat.gov.in/header_home.php or click here.
- Do the registration process with the mobile OTP authentication process.
- Provide the details in Citizen Register by entering name, email, password and captcha code, the login process has to be completed by clicking on Register
- Provide applicant details (Aadhar Number, Address, Enter all details based on other documents).
- Other information related to Project Details & Business Details, Finance Required / Project Cost and Detail Of Experience /Training will also have to be filled and click on Save & Next.
- Upload the necessary documents.
Offline
Application Process
- Applicants need to download the application form.
- To download the form click here.
- Fill out the application form.
- Enclose the required documents.
- And contact the nearest District Industries Center.
- To check the nearest District Industries Center click here.
Frequently asked questions
What is Shri Vajpayee Bankable Yojana?
The scheme aims to provide self-employment to unemployed persons in urban and rural areas of Gujarat. A disabled or blind person can also benefit from this scheme.
How much educational qualification is required in Shri Vajpayee Bankable Yojana?
At least Class-IV (four) pass or Training/Experience: Must have at least 3 months of training from a private institution appropriate to the profession or at least one month of training from a government recognized institution OR one year of relevant experience in the trade OR should be a heritage craftsman.
What Is The Age Limit For Loan In Shree Vajpayee Bankable Yojana?
Applicant's age limit should be between 18 years to 65 years.
What Is The Maximum Limit Of Loan Facility Through Bank?
B.L.P. Through the portal, the applicant can avail loans up to 8 lakhs for industry/services/trade sector.
Which businesses are not supported under Re Vajpayee Bankable Yojana?
Meat (Processing/canning and/or selling or serving) and intoxicants (manufacturing/storage/sale) Crops / Arable Farming / Fisheries / Pig Rearing Centre Any project that creates environmental problems or is prohibited by law.
How to apply online in BLP portal?
Open Https://Blp.Gujarat.Gov.In/
How to register in the portal?
1. Open https://blp.gujarat.gov.in/
2. Go to bankable loan registration and click on the registration button.
3. Registration by entering the required details as requested.
How to Login to Portal ?
1. Open https://blp.gujarat.gov.in/ link
2. Go to bankable registration and click on login button
3. Login with mobile number, password and captcha code.
What to do to get a new password if the password is forgotten?
1. Open https://blp.gujarat.gov.in/ link.
2. Go to bankable registration and click on login button.
3. Clicking on Reset Password.
4. Enter the registered mobile number and captcha and click on reset button.
5. The password will be received via SMS on the registered mobile number.
What are financial agencies?
All are nationalized banks, regional rural banks, cooperative banks, public sector banks and private banks.
Can an entrepreneur submit more than one project?
No
Can the project be jointly financed from two different sources (banks/financial institutions)?
No
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Offline link cottage.gujarat.gov.in (PDF)
- Guidelines www.cottage.gujarat.gov.in
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
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