Shri Vajpayee Bankable Yojana. Shri Vajpayee Bankable Scheme in Gujarat Financial loan / Assistance plan 2020-21.Sri Vajpayee Bankable Yojana in Guajrat. The Gujarat Government has introduced a new scheme for the employees of cottage industry. This scheme offers financial support to the craftsmen of the cottage industry. Gujarat has started this scheme in the memory of our revered former Prime minister Late Shri Atal Bihari Vajpayee. 

[New] Vajpayee Bankable Yojana 2021

Post Name :- Vajpayee Bankable Yojana 

Category :- Yojana

Portal :-

Post Date :- 26/10/2021

– Under this Yojana the intention is to provide self employment to the unemployed persons in urban and rural areas of Gujarat. People with disabilities or blind people will also be able to avail the benefits of this scheme

Eligibility of the scheme :

1 . Age Limit: 18 to 65 years
2 . Educational Qualification : At least Std-4 (four) pass or About

Training / Experience : Must have at least 3 months training from a private institute suitable for the profession or at least one month training from a government recognized institute or have one year business related experience or inherited artisan.
Vajpayee Bankable Loan Yojana Maximum Limit for Bank Loan
₹.8.00 lakh for Industries sector.
₹.8.00 lakh for Service sector.
₹.8.00 lakh for Business sector.
3 . There is no income limit:

( 3 ) Bank through loan borrowers maximum limits :
(1) Maximum 8 lakh for industry sector.
(2) Maximum 8 lakh for service sector.
(3) Maximum 8 lakh for trade sector.

( 4 ) Assistance rate on loan amount : Assistance rate for industry, service and trade sector under this scheme will be as under.

Area General Category Scheduled Caste / Scheduled Tribe / Ex-Serviceman / Women / 40% Blind or Handicapped
Rural 25% 40%
Urban 20% 30%
( 2 ) Maximum limit of assistance : Order Field Aid amount limit ( amount in rupees )
Industry ₹.1,25,000
Service ₹1,00,000
Trade General Category Urban ₹.60,000
Rural ₹.75,000
Reserve category Urban / Rural ₹.80,000

Note : In case of blind or disabled beneficiary, the maximum assistance for any sector will be Rs. 1,25,000 /-

This scheme is known as “Shri Vajpayee Bankable Yojana 2020”. This scheme focuses on equipping the unemployed youth of the states. Aiming to promote entrepreneurship skills and helping them become financially self-sufficient with their own projects.
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