How to Apply for GTKVN Term Loan Scheme — Up to ₹10L for Thakor & Koli Entrepreneurs

Every application goes through a series of checks before a loan is sanctioned.

• Initial screening: Submitted applications are examined to confirm that all mandatory documents are attached and that the basic criteria are satisfied — Gujarat residency, Thakor or Koli community status, the age band, and the family income ceiling.
• Skill assessment: The experience or skill the applicant has declared in the proposed trade or business is evaluated at this stage.
• Committee review: Applications may then be placed before a committee of the Gujarat Thakor and Koli Vikas Nigam, which studies the feasibility and likely impact of the proposed self-employment or small business venture.
• Verification contact: Applicants can be approached for clarifications or for verification of the information they have submitted.
• Security and margin: The final approval rests on the applicant furnishing suitable collateral as required, together with their 5% margin money contribution.