- The scheme provides bank loans of up to ₹25 lakh for eligible industrial, service, and business activities.
- Offers a 20%–40% subsidy on the loan amount, subject to scheme limits.
- Gujarat residents aged 18–65 years from rural and urban areas are eligible to apply.
|
Summary of the Scheme
|
|
|---|---|
| Name of Scheme | Gujarat Shri Vajpayee Bankable Yojana |
| Benefits | Bank Loan and Capital Subsidy |
| Beneficiary | Unemployed Youth and Adults |
| Nodal Agency | Commissioner of Cottage and Rural Industries, Gujarat |
| Subscription | Subscribe here to get Update Regarding Scheme |
| Mode of Apply | Online through the Bankable Loan Portal |
Gujarat Shri Vajpayee Bankable Yojana 2026: Get a Business Loan up to ₹25 Lakh with 20%–40% Subsidy
The Gujarat Government runs the Shri Vajpayee Bankable Yojana to encourage self-employment among unemployed youth and adults in rural and urban areas. Under this scheme, eligible applicants can obtain a bank loan of up to ₹25 lakh to start an industrial, service, or business activity. The government also provides a capital subsidy ranging from 20% to 40%, depending on the applicant’s category and the location of the proposed business.
The scheme is implemented by the Commissioner of Cottage and Rural Industries, Gujarat. Eligible residents aged between 18 and 65 years can apply online through the official Bankable Loan Portal. Applicants must meet the prescribed educational, training, or work-experience requirements.
Gujarat Shri Vajpayee Bankable Yojana 2026: Overview
| Particulars | Details |
|---|---|
| Scheme Name | Shri Vajpayee Bankable Yojana |
| State | Gujarat |
| Launched By | Gujarat Government |
| Nodal Agency | Commissioner of Cottage and Rural Industries |
| Main Objective | Promote self-employment and entrepreneurship |
| Beneficiaries | Unemployed youth and adults |
| Loan Amount | Up to ₹25 lakh |
| Subsidy Rate | 20% to 40% |
| Maximum Subsidy | ₹3.75 lakh for General category; ₹5 lakh for eligible reserved and special categories |
| Age Limit | 18 to 65 years |
| Income Limit | No income limit |
| Application Mode | Online |
| Official Portal | https://blp.gujarat.gov.in/ |
What is Gujarat Shri Vajpayee Bankable Yojana?
The Shri Vajpayee Bankable Yojana (શ્રી વાજપાઈ બેંકેબલ યોજના) is a self-employment scheme of the Gujarat Government. Its main purpose is to help unemployed people establish their own business, trade, service unit, or industrial enterprise with financial support from banks and a government subsidy.
The scheme originally focused on supporting craftsmen associated with cottage industries. It now supports eligible projects in the Industrial, Service, and Business sectors.
Under this scheme, applicants obtain a business loan from an eligible bank. The Gujarat Government provides a capital subsidy on the sanctioned loan, subject to the prescribed percentage and maximum subsidy limits.
The scheme also encourages trained individuals, skilled workers, hereditary craftspersons, women, ex-servicemen, Scheduled Caste and Scheduled Tribe applicants, and persons with disabilities to become financially self-reliant.
Objectives of the Scheme
The major objectives of the Shri Vajpayee Bankable Yojana are:
- To promote self-employment opportunities in Gujarat.
- To provide financial assistance to unemployed youth and adults.
- To encourage people to establish small businesses and industrial units.
- To support skilled workers and traditional craftspersons.
- To encourage entrepreneurship in rural and urban areas.
- To provide additional subsidy benefits to eligible special categories.
- To reduce dependence on wage-based employment by supporting independent businesses.
Benefits of Shri Vajpayee Bankable Yojana
Eligible applicants can receive the following benefits:
- Business Loan: Bank loans of up to ₹25 lakh are available for eligible Industrial, Service, and Business activities.
- Capital Subsidy: The government provides a subsidy ranging from 20% to 40% of the loan amount, depending on the applicant’s category and business location.
- Higher Subsidy for Special Categories: Eligible SC, ST, women, ex-servicemen, and persons with disabilities receive higher subsidy rates.
- Maximum Subsidy: The maximum subsidy is ₹3.75 lakh for the General category and ₹5 lakh for eligible SC, ST, and persons with disabilities.
- No Income Limit: Applicants are not required to meet a specific family-income ceiling under the scheme.
- Multiple Banking Options: Nationalised, cooperative, public sector, and private banks can finance eligible projects.
Subsidy Rate Under Shri Vajpayee Bankable Yojana
The subsidy percentage depends on the location of the business and the applicant’s category.
| Business Location | General Category | SC/ST, Persons with Disabilities, Women and Ex-servicemen |
|---|---|---|
| Rural Area | 25% | 40% |
| Urban Area | 20% | 30% |
Maximum Subsidy Amount
The government has prescribed the following maximum subsidy limits:
| Sector | General Category | SC/ST and Persons with Disabilities |
|---|---|---|
| Industrial, Service and Business | ₹3,75,000 | ₹5,00,000 |
Note: The subsidy is subject to the applicable percentage and maximum limit. The actual amount depends on the sanctioned project loan and the scheme rules.
Eligibility Criteria for Shri Vajpayee Bankable Yojana
Applicants must fulfil the following conditions to apply:
- The applicant must be a resident of Gujarat.
- The applicant must be between 18 and 65 years of age.
- The applicant should be unemployed and seeking self-employment opportunities.
- The applicant must have passed at least Standard 4.
- There is no prescribed income limit.
- The proposed business must fall under the Industrial, Service, or Business sector.
- The applicant must fulfil at least one of the following training or experience conditions:
- At least 3 months of training from a private establishment in the proposed business activity; or
- At least 1 month of training from a Government-recognised institute in the proposed business activity; or
- At least 1 year of practical experience in the same business activity; or
- The applicant must be a hereditary craftsperson.
- Persons with disabilities are also eligible to apply, subject to the scheme conditions.
Documents Required
Applicants should keep the following documents ready before completing the online application:
- Aadhaar Card
- Educational Qualification Certificate
- Vocational Training Certificate, if applicable
- Address Proof
- Caste Certificate, if applicable
- Disability Certificate, if applicable
- Bank Account Details
- Recent Passport-size Photograph
The portal may ask for additional information or documents depending on the applicant’s category and proposed business activity.
How to Apply Online for Gujarat Shri Vajpayee Bankable Yojana?
Eligible applicants can submit their applications through the Gujarat Government’s Bankable Loan Portal. Follow these steps:
Step 1: Visit the official Bankable Loan Portal: https://blp.gujarat.gov.in/
Step 2: Click on the Citizen Registration option or visit https://blp.gujarat.gov.in/public_signup.php.
Step 3: Enter your mobile number and the required basic details to complete registration.
Step 4: Verify your mobile number using the OTP received on your registered mobile number.
Step 5: Log in to the portal using your registered mobile number and password.
Step 6: Search for the Shri Vajpayee Bankable Yojana.
Step 7: Fill in the application form with your personal details, educational qualifications, training or work experience, proposed business details, and required loan amount.
Step 8: Upload the required documents in the prescribed format.
Step 9: Review the application carefully and submit it online.
Step 10: Save your application number or acknowledgement for future reference.
Is the Application Process Open Throughout the Year?
According to the information provided, applications are accepted on an ongoing basis. No specific last date has been mentioned. Applicants should check the official portal for the latest application availability and instructions.
Application Verification and Bank Loan Sanction Process
After the applicant submits the online application, the concerned District Industries Centre (DIC) provides guidance and processes the proposal.
The proposal is then forwarded to the concerned bank for consideration and loan sanction. Once the bank sanctions the loan, the government subsidy is made available according to the applicable scheme rules.
The detailed verification procedure and a fixed timeline for loan sanction have not been specified in the information provided. Therefore, applicants should contact their local DIC or the official portal for updates about their application.
Important Links
| Purpose | Official Link |
|---|---|
| Apply Online / Registration | https://blp.gujarat.gov.in/public_signup.php |
| Applicant Login | https://blp.gujarat.gov.in/public_login.php |
| Bankable Loan Portal | https://blp.gujarat.gov.in/ |
| Scheme Guidelines | https://www.cottage.gujarat.gov.in/Home-5E25726C3B65-214079-282472242566-5E2572 |
| Commissioner of Cottage and Rural Industries | https://www.cottage.gujarat.gov.in/ |
| Bankable Loan Portal Contact | https://blp.gujarat.gov.in/contact_us.php |
| Department Contact Details | https://www.cottage.gujarat.gov.in/Home-5E25725B5D2D-282472282472-2824723F2E72 |
Contact Details
For questions about eligibility, application submission, documents, or loan processing, applicants can contact the following authorities:
- Bankable Loan Portal, Gujarat: https://blp.gujarat.gov.in/contact_us.php
- Commissioner of Cottage and Rural Industries: https://www.cottage.gujarat.gov.in/Home-5E25725B5D2D-282472282472-2824723F2E72
- District Industries Centre (DIC): Applicants can contact the DIC in their respective district for local guidance.
Frequently Asked Questions (FAQs)
1. What is Shri Vajpayee Bankable Yojana?
Shri Vajpayee Bankable Yojana is a Gujarat Government self-employment scheme that provides eligible applicants with bank loans and capital subsidies to establish industrial, service, or business units.
2. Who implements the Shri Vajpayee Bankable Yojana?
The scheme is implemented by the Commissioner of Cottage and Rural Industries, Gujarat.
3. How much loan can I get under this scheme?
Eligible applicants can obtain a bank loan of up to ₹25 lakh for approved Industrial, Service, and Business activities.
4. How much subsidy is available under the scheme?
The subsidy ranges from 20% to 40% of the loan amount, depending on the applicant’s category and whether the proposed business is located in a rural or urban area.
5. Do women get a higher subsidy?
Yes. Eligible women applicants can receive a subsidy of 40% in rural areas and 30% in urban areas, subject to the scheme’s maximum subsidy limit.
6. What is the age limit for Shri Vajpayee Bankable Yojana?
Applicants must be between 18 and 65 years of age.
7. Is there any income limit under this scheme?
No. The information provided states that there is no income limit for applying under the scheme.
8. Can persons with disabilities apply?
Yes. Persons with disabilities are eligible to apply and can receive the applicable higher subsidy benefit, subject to the scheme conditions.
9. What is the minimum educational qualification?
Applicants must have passed at least Standard 4. They must also meet at least one of the prescribed training, experience, or hereditary craftsperson conditions.
10. What is the last date to apply?
No fixed closing date has been specified in the supplied scheme information. Applications are described as ongoing, but applicants should check the official portal for current application status.
11. Which banks provide loans under the scheme?
Nationalised banks, cooperative banks, public sector banks, and private banks can provide project loans under the scheme.
12. Where can I apply for Shri Vajpayee Bankable Yojana?
You can apply online through the official Gujarat Bankable Loan Portal: https://blp.gujarat.gov.in/.