About this banking scheme
"Vahan Loan Sahay Yojana" is a component under the "Self-Employment Scheme" that provides on-road unit cost to self-employed individuals for purchasing vehicles such as rickshaws, loading rickshaws, Maruti cars, and jeep taxis.
"Vahan Loan Sahay Yojana" is a component under the "Self-Employment Scheme" introduced by the Social Justice and Empowerment Department, Gujarat. Under this scheme, self-employed individuals can avail of financial assistance as on-road unit cost for purchasing vehicles such as rickshaws, loading rickshaws, Maruti cars, jeep taxis, etc. The scheme is being implemented by the Gujarat Unreserved Education and Economical Development Corporation.
Benefits at a glance
| Scheme name | Self-Employment Scheme: Vahan Loan Sahay Yojana (SESVLSY) |
|---|---|
| Launched by | Social Justice and Empowerment Department |
| Benefit type | Cash (money paid to your bank account) |
| Category | Banking |
| Level / State | State · Gujarat |
| Official portal | esamajkalyan.gujarat.gov.in (see References at the end) |
Key facts
| Implementing agency | Gujarat Unreserved Education And Economical Development Corporation |
|---|---|
| Scheme for | Individual |
| Application mode | Online |
| Last date | Not given in the official listing |
| DBT (direct bank transfer) | No |
| Family income limit | Up to Rs. 6 lakh per year |
Who can apply (quick check)
- 👤All genders
- 🎂Age 5+ years
- 🏷️General
- 💰Income Rs. 6 lakh tak
- 📝Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
Financial Assistance: On-road unit cost for vehicles like rickshaws, loading rickshaws, Maruti, jeep-taxi, etc.
Who qualifies
- The applicant must be a resident of Gujarat.
- The applicant must belong to the unreserved category.
- The applicant's age should be between 18 years and 50 years.
- The applicant must have a valid driving license.
- The vehicle purchased under the scheme must be mortgaged (hypothecated) to the corporation.
- The applicant must be willing to repay the loan in equal monthly installments over 5 years.
- The annual income limit of the family should be Rs. 6,00,000/- or less.
Note:
- The interest rate on the loan will be 5 percent simple interest per annum and 4 percent for women.
- The simple interest will be calculated based on the amount of the loan given per year.
- Only 1 person from a family can avail of the scheme benefits.
- A maximum of 5 beneficiaries per village will be selected.
Papers to keep ready
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Registration walkthrough
Online
Registration Process:
Step 1: Go to the Corporation's official website and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under the Corporation menu.
Step 2:Click on "Vahan Loan Sahay Yojana" under "Self-Employment Scheme" and then Apply Now.
Step 3: Click on "New User? Please Register Here".
Step 4: Enter the required details and click Register.
Application Process:
Step 1: Enter your User ID, Password, and Captcha Code, then click "Login".
Step 2: Read the scheme details carefully and click OK.
Step 3: If your permanent address is correct, confirm it. Otherwise, enter your correct address.
Step 4: Click Save & Next to proceed. Upload the relevant documents.
Step 5: If you need to make changes, click "No, Cancel". If all details are correct, click "Yes, Submit".
Step 6: Click Save Application. Note down your Application Number for future reference. You can also take a printout by clicking Print Application.
Check Application Status: Click here.
Post Online Application Procedure: After submitting the online application, the applicant must take a printout of the application, sign it, and submit it along with all uploaded documents (certificates, mark sheets, etc.) to the concerned Deputy Director (Non-Reserved Category) or the District Social Welfare Officer through courier, post, or by visiting in person.
Contact Us: Click here.
Frequently asked questions
Who is eligible to apply for the Vahan Loan Sahay Yojana?
Any self-employed individual with a valid driving license is eligible to apply for the scheme.
What types of vehicles are covered under this scheme?
The scheme covers vehicles such as rickshaws, loading rickshaws, Maruti cars, and jeep taxis.
How are beneficiaries selected for the loan scheme?
Beneficiaries are selected through a computerized draw system to ensure fairness and transparency.
Can more than one member of a family apply for the scheme?
No, only one person from a family is eligible to avail of the benefits under this scheme.
Is there any preference given to women applicants?
Yes, at least 10% of the selected beneficiaries will be women applicants.
How will an applicant be notified if they are selected?
Selected applicants will receive notifications via email and SMS regarding their application status.
What happens if an applicant fails to submit the required documents on time?
If an applicant fails to submit the necessary documents within the stipulated timeframe, their application will be rejected.
What is the repayment period for the loan?
The loan must be repaid in equal monthly installments over a period of five years.
Is it mandatory to mortgage the vehicle under this scheme?
Yes, the acquired vehicle must be hypothecated to the corporation as per the scheme guidelines.
What is the maximum number of beneficiaries selected per village?
A maximum of five beneficiaries from a single village can be selected under this scheme.
Where must the final documents be submitted after receiving approval?
After approval, the applicant must submit the required documents to the office of the District Manager in their respective district.
References and official sources
Apply only on the official portal. Nothing is applied for on this site, and applying is free.
- Guidelines 1 gueedc.gujarat.gov.in
- Guidelines 2 esamajkalyan.gujarat.gov.in
- User Manual gueedconline.gujarat.gov.in
grokipedia.org.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
The details on this page are from the official listing and have not been rewritten or reviewed by our team yet. Confirm them on the official portal before applying.
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