E-Rickshaw Kalyan Yojana

About This Scheme

The scheme “E-Rickshaw Kalyan Yojana” was launched by the Cooperative Department, Government of Uttarakhand. The scheme aims to promote self-employment among unemployed youth in the state by providing affordable loans for the purchase of e-rickshaws, thereby enhancing their livelihoods.

Eligibility

- The applicant must be a permanent resident of Uttarakhand. - The applicant should be currently unemployed. - The applicant must possess a valid driving license. - The applicant must not be more than 55 years of age.

Benefits

- Under this scheme, loans are provided to unemployed youth for the purchase of e-rickshaws at an annual interest rate of 9%. Additionally, under the Pradhan Mantri Suraksha Bima Yojana, savings account holders receive an insurance cover of ₹2.00 lakh for an annual premium of ₹12/-. - Beneficiaries aged between 18 and 50 can also avail benefits under the Pradhan Mantri Jeevan Jyoti Bima Yojana by paying a premium of ₹330/- through their savings accounts.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.