Term Loan Scheme (GTKVN)

• 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

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1. The applicant should be a resident of Gujarat.
2. The applicant should belong to Thakor or Koli community.
3. The applicant’s annual family income should not exceed ₹3,00,000/-.
4. The applicant’s age should be between 21 and 50 years.
5. The applicant must have experience/skilled in the proposed trade or business.
6. 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 ₹1,50,000/-.

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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.

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