6% Vehicle Loan Subsidy
6% interest Subsidy on Loans taken for Vehicle Purchase through Banks
T
States / UT: Gujarat
Department: TRIBAL DEVELOPMENT DEPARTMENT
Nodal department: TRIBAL DEVELOPMENT DEPARTMENT
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): No
Target beneficiaries: Tribal People, Self-Employed
Tags: Subsidy, Vehicle Purchase, Tribal Development, Financial Help, ST, Self-Employment, Interest Subsidy, Bank Loans, Gujarat, Government Scheme, Tribal Areas, Support
Details
The scheme provides a 6% interest subsidy on loans taken by tribal people for vehicle purchases through banks, with loan amounts ranging from Rs. 5 lakh to Rs. 20 lakh. This initiative aims to support the financial needs of the tribal community in acquiring vehicles, thereby promoting self-employment and mobility.
Benefits
- - 6% interest subsidy on loans for vehicle purchase
- Applicable for loans between Rs. 5 lakh to Rs. 20 lakh
- 6% interest subsidy on loans for vehicle purchase
- Applicable for loans between Rs. 5 lakh to Rs. 20 lakh
Eligibility
This scheme is applicable to Scheduled Tribe (ST) individuals residing in tribal areas. There are no income limits for individuals or families, and it is open to anyone engaged in self-employment.
Application Process
Online
To apply, individuals must submit the application form along with the required documents to the office of the District Project Officer for Scheduled Tribes. The application form is available at the Gujarat Tribal Development Corporation office in Gandhinagar and at all District Project Officer offices for Scheduled Tribes.
Required documents include:
- Aadhar Card
- Bank Pass Book/Cancelled Cheque
- Bill of Vehicle Purchase
- Caste Certificate
- Copy of RC Book
- Identity Card
- Loan Approval Letter
- Passport Size Photos
Documents Required
No document list is available for this scheme yet.
Official links
References
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Documents Required for Government Schemes
Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:
- Aadhaar Card
- Income Certificate
- Caste Certificate (if applicable)
- Residence Proof
- Bank Account Details
- Educational Certificates (for student schemes)
How to Apply for Government Schemes?
The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:
- Check eligibility criteria
- Collect required documents
- Fill the application form
- Submit the application online or at the relevant office
- Track application status