About this banking scheme
The scheme aims to promote self-employment among individuals from the Thakor and Koli communities by providing financial assistance up to Rs. 10,00,000/- for agriculture and allied activities, small-scale businesses, craftsmanship, traditional occupations, and service-based businesses/trades.
The scheme “Term Loan Scheme” is implemented by the Gujarat Thakor and Koli Vikas Nigam (GTKVN) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to promote self-employment among individuals from the Thakor and Koli communities by providing financial assistance for agriculture and allied activities, small-scale businesses, craftsmanship, traditional occupations, and service-based businesses/trades. Under this scheme, beneficiaries can avail loans at concessional interest rates to purchase equipment, raw materials, or working capital.
Benefits at a glance
| Scheme name | Term Loan Scheme (GTKVN) (TLSGTKVN) |
|---|---|
| Launched by | Social Justice and Empowerment Department |
| Benefit type | Cash (money paid to your bank account) |
| Category | Banking |
| Level / State | State · Gujarat |
| Official portal | gtkdconline.gujarat.gov.in (link at the end of this page) |
Key facts
| Implementing agency | Gujarat Thakor And Koli Vikas Nigam |
|---|---|
| Scheme for | Individual |
| Application mode | Online |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
| Family income limit | Up to Rs. 3 lakh per year |
Who can apply (quick check)
- 👤All genders
- 🎂Age 21 to 50 years
- 🏘️Rural
- 💰Income Rs. 3 lakh tak
- 📝Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- Loan Amount: Loans up to Rs. 10,00,000/- are provided for eligible small businesses.
- Interest Rate: Interest on the loan will be charged at 6% up to Rs. 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
Who qualifies
- The applicant should be a resident of Gujarat.
- The applicant should belong to Thakor or Koli community.
- The applicant’s annual family income should not exceed Rs. 3,00,000/-.
- The applicant’s age should be between 21 and 50 years.
- The applicant must have experience/skilled in the proposed trade or business.
- The applicant will have to provide suitable collateral to get the loan.
Note: At least 50% of the total loan amount will be allocated for families with annual income up to Rs. 1,50,000/-.
Who is not eligible
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Registration walkthrough
Online
Step 1: Visit the official website of the Gujarat Thakor and Koli Vikas Nigam.
Step 2: On the top menu bar, click on "Apply Now".
Step 3: Click on the loan scheme name.
Step 4: Select the loan category and fill in the loan amount.
Step 5: Fill out the Application Form, enter the following details:
- 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
Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
Frequently asked questions
What is the maximum loan I can get?
Up to Rs. 10,00,000 based on project cost and eligibility.
What is the rate of interest on the loan?
The interest rate is 6% per annum for loan amounts up toRs. 5,00,000.
Who is eligible to apply for this loan?
Individuals belonging to the Thakor or Koli caste are eligible to apply.
What can I use the loan for?
Agriculture and allied activities, small industries, traditional crafts, or service businesses.
Is any contribution required from the beneficiary?
Yes, the beneficiary has to contribute 5% of the project/business cost.
What types of activities are covered under this loan scheme?
The scheme covers agriculture and related activities, small-scale industries, artisanal and traditional professions, and service-type businesses or occupations.
What is the age limit for applicants?
The applicant must be at least 21 years old and not older than 50 years as on the date of application.
What is the repayment period for the loan?
The loan must be repaid in 60 equal monthly installments, including interest.
Is collateral required for availing this loan?
Yes, the applicant must provide suitable collateral as security for the loan.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Guidelines sje.gujarat.gov.in
- Official Website sje.gujarat.gov.in
- Scheme Details mariyojana.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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