Self-Employment Scheme: Vahan Loan Sahay Yojana
"Vahan Loan Sahay Yojana" is a component under the "Self-Employment Scheme" that provides on-road unit cost to self-employed individuals for purchasing vehicles such as rickshaws, loading rickshaws, Maruti cars, and jeep taxis.
What you get
Financial Assistance: On-road unit cost for vehicles like rickshaws, loading rickshaws, Maruti, jeep-taxi, etc.
Who can apply
- The applicant must be a resident of Gujarat.
- The applicant must belong to the unreserved category.
- The applicant's age should be between 18 years and 50 years.
- The applicant must have a valid driving license.
- The vehicle purchased under the scheme must be mortgaged (hypothecated) to the corporation.
- The applicant must be willing to repay the loan in equal monthly installments over 5 years.
- The annual income limit of the family should be ₹6,00,000/- or less.
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> Note:
- The interest rate on the loan will be 5 percent simple interest per annum and 4 percent for women.
- The simple interest will be calculated based on the amount of the loan given per year.
- Only 1 person from a family can avail of the scheme benefits.
- A maximum of 5 beneficiaries per village will be selected.
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How to apply
Online
Registration Process:
Step 1: Go to the Corporation's official website and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under the Corporation menu. **Step 2:**Click on "Vahan Loan Sahay Yojana" under "Self-Employment Scheme" and then Apply Now. Step 3: Click on "New User? Please Register Here". Step 4: Enter the required details and click Register.
Application Process:
Step 1: Enter your User ID, Password, and Captcha Code, then click "Login". Step 2: Read the scheme details carefully and click OK. Step 3: If your permanent address is correct, confirm it. Otherwise, enter your correct address. Step 4: Click Save & Next to proceed. Upload the relevant documents. Step 5: If you need to make changes, click "No, Cancel". If all details are correct, click "Yes, Submit". Step 6: Click Save Application. Note down your Application Number for future reference. You can also take a printout by clicking Print Application.
Check Application Status**:** Click here.
Post Online Application Procedure:**** After submitting the online application, the applicant must take a printout of the application, sign it, and submit it along with all uploaded documents (certificates, mark sheets, etc.) to the concerned Deputy Director (Non-Reserved Category) or the District Social Welfare Officer through courier, post, or by visiting in person.
Contact Us: Click here.
Details
"Vahan Loan Sahay Yojana" is a component under the "Self-Employment Scheme" introduced by the Social Justice and Empowerment Department, Gujarat. Under this scheme, self-employed individuals can avail of financial assistance as on-road unit cost for purchasing vehicles such as rickshaws, loading rickshaws, Maruti cars, jeep taxis, etc. The scheme is being implemented by the Gujarat Unreserved Education and Economical Development Corporation.