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.

The applicant should be a resident of Gujarat.

The applicant should be a member of a Self Help Group (SHG).

The applicant should belong to the Thakor or Koli caste.

The applicant's age should be at least 21 years and not more than 50 years as on the date of application.

The applicant’s annual family income should not exceed ₹3,00,000/-.

The applicant should have relevant experience in the proposed trade/business field.

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/-.

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.

Aadhaar Card

Ration Card

Voter ID

Passport Size Photos

Business Address Proof

Birth Certificate

Caste Certificate

Bank Passbook

Income Certificate