Transportation Scheme (Gujarat Gopalak Vikas Nigam)

About This Scheme

The scheme "Transportation Scheme" by the Gujarat Gopalak Vikas Nigam, Government of Gujarat, aims to provide loans for the purchase of auto rickshaws and loading vehicles. Through this scheme, financial assistance for vehicle purchase is offered to the Rabari and Bharwad castes from the socially and educationally backwards classes. The scheme is implemented by the Gujarat Gopalak Vikas Nigam.

Eligibility

1. The applicant should belong to the Rabari and Bharwad castes from the socially and educationally backwards classes. 1. The applicant's age should be between 21 and 45 years. 1. The applicant's annual income should not exceed ₹3,00,000/-.

Benefits

Loans are provided on an individual basis to purchase auto rickshaws and loading vehicles. - Maximum Loan Limit: ₹2,00,000/- - Interest Rate: 6% per annum - Loan Amount: 95% of the vehicle cost - Beneficiary Contribution: 5% of the vehicle cost

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.