Shri Vajpayee Bankable Yojana
By Cottage and Rural Industries Department, Government of Gujarat
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Quick Answer
Unemployed people in urban and rural Gujarat, including disabled and blind persons, can get financial support to start a self-employment venture.
About this loan
The Cottage and Rural Industries Department of the Government of Gujarat runs this scheme to help unemployed people in urban and rural areas start their own micro-enterprise. Disabled and blind persons can apply too. It supports your venture with financing; no amounts are stated.
You must be aged 18 to 65. You must also meet one of these: you passed at least fourth standard, or you had at least three months of training from a private establishment (or one month from a Government recognized institute) in the business you plan, or you have at least one year of experience in the same activity, or you are a hereditary craftsperson.
There is no income criterion. You can apply online or offline.
Eligibility
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Grant providers
Benefits & Funding
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
This bankable scheme provides crucial financial support, likely in the form of subsidized loans or margin money assistance, to help unemployed individuals establish their own self-employment ventures. The primary benefit is access to capital, which is essential for starting a new business, covering initial operational costs, or purchasing necessary equipment. While specific amounts are not detailed, the program is designed to make financing accessible, potentially through collaboration with financial institutions, to reduce the financial barrier for aspiring entrepreneurs. The goal is to enable beneficiaries to realize their business ideas and achieve economic independence, fostering sustainable livelihoods.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications are generally reviewed by a committee from the Cottage and Rural Industries Department or a designated district-level committee. Screening typically involves verifying eligibility criteria, including age, qualification, and experience. Shortlisted applicants may undergo an interview or a brief assessment to ascertain the viability of their proposed self-employment venture and their preparedness to manage it. The selection aims to identify sincere and capable individuals who can effectively utilize the scheme's benefits to establish sustainable livelihoods.
Application Process
- 1
Apply Online
Submit your application through the official online portal with all required documents.
You - 2
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How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
Who is eligible for the Shri Vajpayee Bankable Yojana?
Unemployed individuals aged 18 to 65 years residing in Gujarat are eligible. This includes persons with disabilities and visually impaired individuals. Applicants must have passed at least standard fourth OR possess relevant training/experience in their proposed business area.
What kind of financial assistance does the scheme provide?
The scheme primarily aims to provide 'bankable' assistance for self-employment. This typically involves facilitating access to loans, potentially with subsidies or margin money, to help beneficiaries establish or expand their micro-enterprises. Specific funding amounts are not detailed in the available information.
Are there any income criteria for applicants?
No, there are no specific income criteria mentioned for applicants to be eligible for this scheme, making it accessible to a wider range of unemployed individuals who are looking to start their own businesses.
What is meant by 'training/experience' for eligibility?
Applicants should have either completed a minimum of three months of training from a private establishment, or one month from a Government-recognized institute, in their chosen business activity. Alternatively, one year of experience in the same activity or being a hereditary craftsperson also fulfills this requirement.
How can I apply for this scheme?
Applications can be submitted both online through the official portal of the Cottage and Rural Industries Department, Government of Gujarat, or offline by obtaining and submitting physical forms at designated government offices or district industry centers.
Is this scheme open to all industries?
The scheme broadly supports self-employment ventures. While specific industries are not listed, it is generally open to a wide range of micro-enterprises and traditional crafts that can contribute to self-sustenance and local economic activity for unemployed individuals.
Sources
Data on this page is compiled from official program and provider references.
