GTKVN Micro Finance Scheme for SHGs — ₹60,000 Loans in Gujarat

The Gujarat Thakor and Koli Vikas Nigam (GTKVN), functioning under the state's Social Justice and Empowerment Department, operates this micro finance scheme to help women of the Thakor and Koli communities create their own means of earning. The support is not a grant — it is a loan, allowing a Self Help Group member to draw up to ₹60,000 to launch or grow a small enterprise of her own.

The scheme addresses a gap that ordinary lenders often leave open: capital is hard to come by for these communities through regular banking channels. By channelling finance through Self Help Groups, GTKVN leans on a structure these women already know and trust, so the borrowed money arrives alongside peer support, shared learning and a group that keeps the venture moving.

Applications are accepted on a rolling basis, so no closing date forces a rushed decision. The entire process runs on the GTKVN portal — filling the form, uploading documents and collecting the acknowledgement you will need later for tracking.

• Loan of up to ₹60,000 for a small business or self-employment activity
• Concessional interest of 5% per annum
• Repayable in 48 equal monthly instalments, or four years
• Scheme funds 95% of the project cost; the borrower contributes 5%
• Restricted to Thakor and Koli women who are SHG members in Gujarat
• Rolling applications — there is no fixed deadline

Who can apply

• The applicant must be a woman living in Gujarat.
• Membership of a Self Help Group (SHG) is compulsory — this is not an individual loan window.
• She must belong to either the Thakor or the Koli caste.
• Age at the time of application has to fall between 21 and 50 years.
• The family's yearly income must not cross ₹3,00,000.
• Relevant hands-on experience in the trade or business being proposed is expected.
• Suitable collateral must be offered to secure the loan.

GTKVN Micro Finance Scheme for SHGs — ₹60,000 Loans in Gujarat is open to startups at any stage. It is open to startups registered anywhere in India.

GTKVN Micro Finance Scheme for SHGs — ₹60,000 Loans in Gujarat accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

GTKVN sanctions up to ₹60,000 per selected beneficiary — enough to set up or expand a small-scale business or self-employment activity.

• Rate of interest: 5% per annum, which is far below typical commercial borrowing costs.
• Borrower's share: 5% of the project cost, with the remaining 95% financed by the scheme as a loan, keeping a sense of ownership with the beneficiary.
• Repayment: 48 equal monthly instalments, spread across four years, so the outflow stays predictable and easy to plan around.

Because the money moves through Self Help Groups, recipients also gain from the group's collective framework. That works like informal incubation — peer learning, exchanged experience and mutual encouragement while the business finds its feet — which is why the scheme is described as offering both cash and incubation-style backing rather than a single lump sum.

GTKVN Micro Finance Scheme for SHGs — ₹60,000 Loans in Gujarat is offered by Gujarat Thakor and Koli Vikas Nigam (GTKVN), a government body. As a government-backed debt / loan, it is publicly funded and open to eligible startups across India.

Every application travels through a set sequence before money is released:

• Online submission — the applicant completes the GTKVN form and uploads the supporting documents.
• Verification — the papers and the applicant's eligibility details are checked against the scheme's conditions.
• Committee review — a panel drawn from GTKVN and the Social Justice and Empowerment Department examines caste, age, income, Self Help Group membership and business experience.
• Assessment of security and viability — the collateral offered and the strength of the proposed business get particular attention at this stage.
• Selection and disbursement — the final decision and the loan release follow this comprehensive evaluation.

Before you apply to GTKVN Micro Finance Scheme for SHGs — ₹60,000 Loans in Gujarat, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

GTKVN Micro Finance Scheme for SHGs — ₹60,000 Loans in Gujarat is best suited for startups in India seeking non-dilutive funding of ₹60,000. If that describes your startup, review the eligibility criteria above before applying.