Micro Finance Scheme for Self Help Groups (GTKVN)

• Loan Amount: Up to ₹60,000/- for eligible small businesses.- Interest Rate: 5% per annum.- Loan Coverage: 95% of the project/business cost is covered; 5% contribution is to be made by the beneficiary.- Repayment Term: 48 equal monthly installments (4 years), including interest.

<br>

1. The applicant should be a resident of Gujarat.
2. The applicant should be a member of a Self Help Group (SHG).
3. The applicant should belong to the Thakor or Koli caste.
4. The applicant&#39;s age should be at least 21 years and not more than 50 years as on the date of application.
5. The applicant’s annual family income should not exceed ₹3,00,000/-.
6. The applicant should have relevant experience in the proposed trade/business field.
7. The applicant will have to provide suitable collateral to get the loan.

> Note: At least 50% of the total loan allocation is reserved for those with family income up to ₹1,50,000/-.

<br>

Step 1: Visit the official website of the Gujarat Thakor and Koli Vikas Nigam.

Step 2: On the top menu bar, click on &quot;Apply Now&quot;.

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.

<br>