GTKVN Term Loan Scheme — Up to ₹10L for Thakor & Koli Entrepreneurs — Frequently Asked Questions

It is a debt scheme from the Gujarat Thakor and Koli Vikas Nigam, functioning under the Social Justice and Empowerment Department of the Government of Gujarat. It gives people from the Thakor and Koli communities access to loan capital so they can take up self-employment or run small businesses, instead of being shut out of conventional financing.

The upper limit is ₹10,00,000. Within that ceiling, the amount sanctioned depends on your proposed activity and the project cost you present in the application, since the state's 95% share and your 5% margin money are both calculated against that project cost.

A concessional rate of 6% applies to amounts up to ₹5,00,000. The loan is then repaid across 60 equal monthly instalments, and those instalments already account for the interest component, so the borrower's monthly outgo stays even through the tenure.

You must be a resident of Gujarat and belong to either the Thakor or Koli community. Your age has to fall between 21 and 50 years, your annual family income must not go beyond ₹3,00,000, and you need to show experience or skill in the trade or business you are proposing. You must also be able to put up suitable collateral.

The facts of the scheme set a family income ceiling of ₹3,00,000 per year and an age band of 21 to 50 years. Both are stated as firm criteria, and the initial screening stage specifically verifies the age limits and the family income ceiling before an application moves further.

Yes. Suitable collateral has to be provided to secure the loan, and the scheme requires one guarantor. The collateral requirement is also part of the final approval step, alongside your 5% margin money contribution, so it is worth arranging this before you apply rather than after.

No. This is a term loan, which means the support is non-dilutive — you keep full ownership of your venture and repay the borrowed amount with interest through the monthly instalment schedule. There is no equity stake involved at any point.

The scheme covers a wide spread of activity: agriculture and allied occupations, small-scale business ventures, craftsmanship and craft-based work, traditional occupations, and service businesses or trades. Within those categories the loan can fund essentials such as equipment, raw materials, or working capital.

Applicants typically upload a caste certificate to establish community eligibility, an income certificate as family income proof, an Aadhaar card for identity and address verification, a recent passport-size photograph, the first page of their bank passbook, and additional residence proof. All scans need to be clear and legible, since incomplete documentation is a common reason for delays.

Applications are filed online through the GTKVN portal at https://gtkdconline.gujarat.gov.in/, and the scheme can also be reached from the department page at https://sje.gujarat.gov.in/gtkvn/Home?lang=English. You select the Term Loan Scheme, pick the loan category matching your proposed activity, state the amount you need, fill in the personal, address, income and bank details, upload your documents, review everything using the preview option, and submit. The scheme runs on a rolling basis with no fixed closing date, so there is no deadline to race against — but you will get an Application ID or reference number on submission, which you should save to track your status.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for GTKVN Term Loan Scheme — Up to ₹10L for Thakor & Koli Entrepreneurs, though having it can strengthen your application and unlock other benefits.

GTKVN Term Loan Scheme — Up to ₹10L for Thakor & Koli Entrepreneurs is offered by Gujarat Thakor and Koli Vikas Nigam (GTKVN), a government body. It is provided as non-dilutive funding.