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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.
States / UT: Gujarat
Nodal department: Social Justice and Empowerment Department
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): No
Categories: Banking,Financial Services and Insurance, Business & Entrepreneurship
Sub-categories: Loan, Micro finance
Target beneficiaries: Individual
Tags: Business, Self Employment, Vehicle Loan
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.
Benefits
- Financial Assistance: On-road unit cost for vehicles like rickshaws loading rickshaws Maruti jeep-taxi etc
Financial Assistance: On-road unit cost for vehicles like rickshaws, loading rickshaws, Maruti, jeep-taxi, etc.
Eligibility
- 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.
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.
Application Process
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.
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