Scheme for Supply of Improved Seeds for Fodder 2026

The Vahan Loan Sahay Yojana is part of Gujarat's Self-Employment Scheme, offering financial aid for purchasing vehicles Read More... like auto-rickshaws and taxis to self-employed individuals from the unreserved category. Read less

Details

Looking to start or expand your self-employment venture in Gujarat by buying a vehicle? The Vahan Loan Sahay Yojana might be just what you need. This scheme, operating under the larger Self-Employment Scheme, is designed to support individuals with financial assistance for vehicle purchases.

What Is The Vahan Loan Sahay Yojana?

This is a special initiative by the Social Justice and Empowerment Department of Gujarat. It helps self-employed people buy vehicles that can be used for their work. Think of it as a helping hand to get your transport-related business rolling. The scheme is managed by the Gujarat Unreserved Education and Economical Development Corporation.

Who Can Benefit From This Scheme?

The scheme is specifically for individuals who are self-employed and wish to purchase vehicles like auto-rickshaws, goods-carrying rickshaws, or taxis (including Maruti cars and jeeps). It's targeted at residents of Gujarat who fall under the unreserved category and meet certain age and income criteria.

Why This Scheme Is Important

By providing financial assistance for vehicle purchases, the Vahan Loan Sahay Yojana aims to boost self-employment opportunities for the unreserved community in Gujarat. It empowers individuals to become entrepreneurs, generate income, and contribute to the local economy.

Objective

The Vahan Loan Sahay Yojana is part of Gujarat's Self-Employment Scheme, offering financial aid for purchasing vehicles like auto-rickshaws and taxis to self-employed individuals from the unreserved category.

Benefits

Maize: Up to 10 kits (5 kg each)

Sorghum: Up to 50 kits (5 kg each)

Oats: Up to 5 kits (5 kg each)

Lucerne: Up to 20 kits (2 kg each)

Sources and references

Guidelines

Eligibility Criteria

You must be a permanent resident of Gujarat.
You need to belong to the unreserved category.
Your age should be between 18 and 50 years.
A valid driving license is a must.
The vehicle you buy will be mortgaged (hypothecated) to the Gujarat Unreserved Education and Economical Development Corporation.
You must be prepared to pay back the loan in equal monthly installments over 5 years.
Your family's annual income should not exceed ₹6,00,000/-.

Important Notes:

The interest rate on the loan is 5 percent simple interest per year. For women, it's 4 percent.
This simple interest is calculated annually on the loan amount disbursed each year.
Only one person from a single family can receive benefits from this scheme.
A maximum of 5 beneficiaries will be selected from each village.

How To Apply

Obtain the prescribed application form for self-employment.
Fill out the form accurately with all required details.
Submit the completed application form along with all necessary documents to the office of the District Manager in your respective district.
Further instructions and selection processes will be communicated by the Corporation.

Official Address for Submission:

Office of the District Manager, Gujarat Unreserved Education and Economical Development Corporation, [District Name], Gujarat.

Please verify the exact address for your district on the official website.

Documents Required

Completed application form (as per self-employment scheme format)
Bank statement
Non-deposit certificate
Income certificate
Proof of residence in Gujarat
Copy of Aadhaar card
Proof of age (e.g., birth certificate, school leaving certificate)
Educational qualification certificates
Copy of School Leaving Certificate (L.C.)
Valid driving license
Business proposal outlining your venture
Bank passbook copy

FAQ’s

Can I apply if I am from the reserved category?

No, this scheme is specifically for individuals belonging to the unreserved category in Gujarat.

What is the maximum loan amount I can get for a vehicle?

The scheme provides financial assistance up to the on-road unit cost of the selected vehicle. Specific loan amounts will be determined based on the vehicle chosen and the scheme's guidelines.

Will I get a subsidy or a loan?

The scheme provides financial assistance in the form of a loan to cover the on-road cost of the vehicle. Interest rates are applicable on this loan.

What happens if my family income is slightly above ₹6,00,000/-?

The eligibility criteria clearly state that the family's annual income should be ₹6,00,000/- or less. If your income exceeds this limit, you will not be eligible for the scheme.

How long do I have to repay the loan?

You are required to repay the loan in equal monthly installments over a period of five years.

Is there any special benefit for female applicants?

Yes, women applicants receive a concession on the interest rate. The simple interest rate for women is 4% per annum, compared to 5% for others.

Can I buy any car I want with this loan?

The scheme covers specific types of vehicles like rickshaws, loading rickshaws, Maruti cars, and jeep taxis. You need to choose from these eligible vehicle categories.

What if I don't have a driving license?

A valid driving license is a mandatory eligibility criterion for this scheme. You must possess one to apply.

How are the 5 beneficiaries per village selected?

The selection process is typically fair and transparent. While the exact method can vary, it aims to ensure equitable distribution within the village limit.

Can I apply if I already own a vehicle?

The scheme is intended for purchasing a new vehicle for self-employment purposes. Eligibility might depend on whether you are purchasing a vehicle specifically for this purpose and meet all other criteria.

What if I miss the deadline for submitting documents?

If you fail to submit the required documents within the specified timeframe after approval, your application is likely to be rejected.