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

It is a loan programme run by the Gujarat Thakor and Koli Vikas Nigam (GTKVN), a body working under the Social Justice and Empowerment Department of the Government of Gujarat. It gives women from the Thakor and Koli castes, who are also members of a Self Help Group, access to affordable credit so they can start or expand a small business and move towards self-employment.

The loan ceiling is ₹60,000 per beneficiary. The exact amount sanctioned depends on your proposal, the project cost, and how the committee assesses your business plan and the collateral you offer.

Interest is charged at 5% per annum, which is well below what most commercial lenders ask for. Repayment is structured over 48 equal monthly instalments — roughly four years — so the monthly outflow remains manageable.

Yes. The beneficiary contributes 5% of the total project cost, while the scheme covers the remaining 95% as a loan. That small contribution helps keep a sense of ownership in the venture.

You need to be a woman resident of Gujarat, a member of a Self Help Group, and from either the Thakor or Koli caste. Your age must be between 21 and 50 years on the date you apply, your family's annual income must not exceed ₹3,00,000, and you should already have relevant experience in the trade or business you are proposing. Suitable collateral is also mandatory.

No. This is a rolling scheme, so the window stays open through the year and you can apply whenever your documents and business proposal are ready.

The scheme is a loan rather than a grant, so GTKVN requires suitable collateral to secure it. The review committee gives specific attention to the security offered along with the viability of the proposed business, so it is wise to keep your collateral documents in order before applying.

You will need scanned copies of your caste certificate, income certificate, Aadhaar card, a recent passport-size photograph, the first page of your bank passbook, and proof of residence.

Visit the GTKVN portal and click the 'Apply Now' option, pick this loan scheme from the list, choose the relevant loan category and enter the amount you need. Fill in your personal, address, income, loan and bank account details, upload the required documents, use the Preview option to check everything, then Submit. Remember to save the application ID or reference number you receive, because you will need it to track your case.

No. This is a debt scheme, so GTKVN does not take any stake or ownership share. You receive a loan, repay it with interest over the agreed tenure, and the business remains entirely yours.

Once you submit online, your documents and eligibility are verified. A committee comprising representatives of GTKVN and the Social Justice and Empowerment Department then reviews your caste, age, income, SHG membership and business experience, and takes a close look at the collateral you provide and whether the proposed business is viable. Selection and disbursement follow that evaluation.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for GTKVN Micro Finance Scheme for SHGs — ₹60,000 Loans in Gujarat, though having it can strengthen your application and unlock other benefits.

GTKVN Micro Finance Scheme for SHGs — ₹60,000 Loans in Gujarat is offered by Gujarat Thakor and Koli Vikas Nigam (GTKVN), a government body. It is provided as non-dilutive funding.