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Sunday, July 26, 2020

Vajpayee Bankable Loan Yojana

Vajpayee Bankable Loan Yojana 


This goverment secms for provide financial assistances to the craftsmen of Cottage Industrie through Nationalised Bank, Co-operative banks, Public sector Banks or Private Banks and other banks,ect various sector.



This scheme aims to supply self-employment to the unemployed persons in urban and rural areas development. Disabled and blind persons are also eligible to take benefits under this scheme by goverment.

Vajpayee Bankable Loan Yojana

Age: 18 TO 65 Years

Qualification:

The candidate should have passed minimum standard fourth OR, Training/ Experience:

Should have undergone training for minimum three months from private establishment and minimum 1 month from Government recognized Institutes, in the area of the proposed business , should have experience of minimum one year Must in the same activity or should be hereditary craftsperson.

No Income criteria

Vajpayee Bankable Loan Yojana Maximum Limit for Bank Loan
  1. ₹.8.00 lakh for Industries sector.
  2. ₹.8.00 lakh for Service sector.
  3. ₹.8.00 lakh for Business sector.
Vajpayee Bankable Loan Yojana Rate of subsidy on loan amount

Subsidy will be available as mentioned below for Industries, Service & Business sector by goverment.

Area General Category Scheduled Castes/ Scheduled Tribes / Ex-serviceman/Women/ blind or handicapped having 40 personatage or more disability

Rural: General Caste – 25%2. ST/ SC/ OBC/ Women and etc. – 40%

Urban: General Caste – 20%2. ST/ SC/ OBC/ Women and etc. – 30%
Vajpayee Bankable Loan Yojana Maximum Limit of Subsidy

Sr. No. Sector Limit of Subsidy Amount

1 Industries ₹.1,25,000/-
2 Service ₹.1,00,000/-
3 Business General Category Urban ₹.60,000/-

Rural ₹.75,000/-
Reserve Category Urban/ Rural ₹.80,000/-

Note: The maximum limit of subsidy every beneficiary in any sector will be ₹.1, lack 25,thousend- for blind or handicapped person.
Application form for Shri Vajpayee Bankable Yojana


Application form for Shri Vajpayee
Bankable YojanaDownload
Subsidy FormDownload



Contact

Concerned District Industries Centers Forms Available on this website also from concerned District Industries Centres and as under.

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