Shri Vajpayee Bankable Yojana Loan Assistance 2024

Shri Vajpayee Bankable Yojana Loan Assistance 2024 : Loan assistance up to 8,00,000/- eight lakhs is provided directly in the bank account for industry, service and trade sector to start their new business so that the people of Gujarat can take this government help and start their own business. And can become self-reliant today information has been given about the scheme of this government which is as follows.

Shri Vajpayee Bankable Yojana Loan Assistance 2024

A portal for Shri Vajpayee Bankable Scheme has been launched by the National Informatics Center by the Finance Department of the Government of Gujarat. Applicants have to apply online from now on. Disbursement and benefit processing will be expedited within the time limit of his application. This scheme will be run with the noble intention of providing self-employment to the unemployed youth. Shree Vajpayee Bankable Yojana Eligibility, Age, Eligibility, Documents, Online Application Portal Link etc of this scheme is given below.

Shree Vajpayee Bankable Yojana 2024 Brief Information

  • Scheme Name Shree Vajpayee Bankable Yojana 2024
  • Scheme Objective Launch of the scheme through self-employment con to unemployed
  • persons in urban and rural areas Government of Gujarat
  • Maximum loan support 8.00 lakh for industries, service and business sector
  • Apply online Website blp.gujarat .gov.in

Purpose of the scheme

  • The scheme aims to provide self-employment to unemployed persons in urban and rural areas. Disabled and blind persons are also eligible to benefit under this scheme.

Eligibility criteria of the scheme

  • Applicant must have passed minimum standard IV or
  • Training/Experience: Must have at least three months of training from a private institute or at least one month from government recognized institutes in the field of proposed occupation or have at least 1 year experience in the same activity or be a heritage craftsman.
  • There is no income criterion.

Age criteria

  • 18 to 65 years

Maximum limit for bank loans

  • ₹.8.00 lakh for industrial sector.
  • ₹.8.00 lakh for service sector.
  • ₹.8.00 lakh for business sector.

Rate of subsidy on loan amount

Subsidy will be available for industries, service and business sector as mentioned below.

Area General Category Scheduled Castes/Scheduled Tribes/Ex-Servicemen/Women/Blind or Handicapped having 40% or more disability
Rural 25% 40%
Urban 20% 30%

Maximum limit of subsidy

  • Industrial Sector: – 1, 25,000/- Rs.
  • Service Sector: – 1, 00,000/- Rs.

General category

  • Urban :- Rs.60,000/-
  • Rural :- 75,000/- Rs

Reserve category

  • Urban/Rural :- 80,000/- Rs

List of required documents/documents

  • aadhar card
  • Cast Certificate
  • Photo
  • Experience Certificate/Educational Certificate
  • Proof of place of business
  • Quote
  • School Leaving Certificate

How to Apply

Applicants who want to avail the benefit of this scheme have to apply online on this newly provided 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 enter the OTP in your mobile
  • Now fill the given information online and upload the required documents
  • Finally press submit or confirm button

Important links

Frequently Asked Questions (FAQs)

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.
  • 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?
  • Which businesses are not supported in Shri 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/ link
  • Open the user manual in Important Links and follow accordingly
  • How to register in the portal?
  • Open https://blp.gujarat.gov.in/ link
  • Go to bankable loan registration and click on the registration button
  • Register by entering required details as requested
  • How to Login to Portal
  • Open https://blp.gujarat.gov.in/ link
  • Go to bankable registration and click on login button
  • Login with mobile number, password and captcha code.