Micro Finance Scheme for Self Help Groups (GTKVN)
The Micro Finance Scheme for Self Help Groups (GTKVN) gives small business loans up to ₹60,000 to women's SHGs from Thakor and Koli communities in Gujarat. The government covers 95% of the cost at 5% interest — ideal for collectively starting a small enterprise.
About This Scheme
The Micro Finance Scheme for Self Help Groups (GTKVN) gives small business loans up to ₹60,000 to women's SHGs from Thakor and Koli communities in Gujarat. The government covers 95% of the cost at 5% interest — ideal for collectively starting a small enterprise.
Full official description
The "Micro Finance Scheme for Self Help Groups" is implemented by the Gujarat Thakor and Koli Vikas Nigam (GTKVN) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to economically empower women from Thakor and Koli castes through self-employment opportunities via Self Help Groups (SHGs). Under this scheme, eligible members of SHGs receive a loan at low interest to start or expand small-scale businesses/enterprises.
Benefits
- Loan amount: Up to ₹60,000 per member
- Interest rate: 5% per annum
- Government covers 95% of cost; your SHG contributes only 5%
- Repayment: 48 equal monthly instalments over 4 years
Who Can Apply (Eligibility)
Gujarat resident, member of a registered Self Help Group (SHG), belonging to Thakor or Koli community, with annual family income at poverty-line level.
How to Apply
Step 1: Visit the official website of the Gujarat Thakor and Koli Vikas Nigam. Step 2: On the top menu bar, click on "Apply Now". Step 3: Click on the loan scheme name. Step 4: Select the loan category and fill in the loan amount. Step 5: Fill out the Application Form, enter the following details:
- Personal Information: Name, gender, date of birth, caste, etc.
- Address Information: Permanent and correspondence address
- Income Details: Monthly family income and source
- Loan Requirement: Amount needed, proposed use (e.g., business, self-employment)
- Bank Account Details: For loan disbursement
Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
Frequently Asked Questions
Who can apply under the scheme?
SHG members from Thakor or Koli caste aged 21–50 years.
What percentage of the business cost is financed?
95% is financed; 5% must be contributed by the beneficiary.
What is the repayment period?
The 48 monthly installments.
Can I use the loan for any type of business?
Yes, any skilled or small business.
Is prior business experience required?
Yes, experience in trade or technical skill is required.
Is a guarantor needed?
Yes, loan sanction requires a bail/guarantor.
Are individual applicants apply?
No, only SHG members can apply.
Is there a reservation for lower income groups?
Yes, 50% of loans are for families earning ≤ ₹1,50,000.
Can I apply offline?
No, the application is accepted online only.
Where can I check my application status?
On the GTKDC online portal using your login.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Aadhaar Card
- Ration Card
- Voter ID
- Passport Size Photos
- Business Address Proof
- Birth Certificate
- Caste Certificate
- Bank Passbook
- Income Certificate