GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles

The Vehicle Loan Scheme is a state initiative of the Gujarat Thakor and Koli Vikas Nigam (GTKVN), which works under the Social Justice and Empowerment Department, Government of Gujarat.

Its focus is employment through transport. Young people from the Thakor and Koli communities who want to earn a livelihood by running a commercial vehicle can apply for subsidized finance of up to ₹4,00,000 to buy one.

The vehicle is meant to be put to work — an auto-rickshaw, a loading rickshaw or a Maruti Eeco van are the options named under the scheme — so the borrower can begin or expand a transport business and move towards economic independence.

Because this is a debt product rather than a grant, the amount has to be repaid as per the conditions GTKVN lays down. Applications are accepted on a rolling basis, so there is no fixed window a founder has to wait for.

• Subsidized loan of up to ₹4,00,000
• Finance is for buying a commercial vehicle
• Open to Gujarat residents aged 21 to 50
• Restricted to the Thakor and Koli communities
• Annual family income ceiling of ₹3,00,000
• Applications accepted all year round

Eligibility here is defined by community, age, income and location. All of the following have to be true at the same time.

• Domicile: the applicant must be a resident of Gujarat.
• Community: the scheme is reserved for people belonging to the Thakor or Koli community.
• Age: the applicant's age should fall between 21 and 50 years.
• Family income: total annual family income must not exceed ₹3,00,000.
• Purpose: the applicant must be purchasing an approved transport vehicle and must intend to use it for commercial purposes.

Meeting only some of these conditions is not sufficient — every criterion is checked before the loan is sanctioned.

GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles is open to startups at any stage. It is open to startups registered anywhere in India.

GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles 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.

Beneficiaries can draw a subsidized loan of up to ₹4,00,000. The money is earmarked for acquiring a commercial vehicle rather than for general business spending.

Approved vehicles named under the scheme include:

• Auto-rickshaws
• Loading rickshaws
• Maruti Eeco van

The objective is to place a working transport asset in the borrower's hands so it can generate regular income and support self-employment. Being a loan, the amount is repayable in line with the terms and conditions set by the Gujarat Thakor and Koli Vikas Nigam.

GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles 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.

Before you apply to GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles, 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 Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles is best suited for startups in India seeking non-dilutive funding of ₹4L. If that describes your startup, review the eligibility criteria above before applying.