GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles — Frequently Asked Questions
Answers to the questions founders most often ask about GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does the GTKVN Vehicle Loan Scheme offer?
Eligible beneficiaries can take a subsidized loan of up to ₹4,00,000. The amount is sanctioned specifically for the purchase of a commercial vehicle.
Who can apply for this scheme?
You need to be a Gujarat resident from the Thakor or Koli community, aged between 21 and 50 years, with an annual family income of no more than ₹3,00,000. You must also be buying an approved transport vehicle with the intention of using it commercially.
Which vehicles can be bought with the loan?
The scheme names auto-rickshaws, loading rickshaws and the Maruti Eeco van as approved vehicles. Each of these is meant to be deployed in an income-generating transport business.
Is the money a grant or something I have to pay back?
It is a loan, so the amount is repayable. Repayment follows the terms and conditions fixed by the Gujarat Thakor and Koli Vikas Nigam.
Does the scheme take equity in my business?
No. This is a debt facility, so the Nigam does not pick up a stake in your venture. You repay the borrowed amount instead of giving away ownership.
Is there an application deadline?
There is no closing date. Applications run on a rolling basis, which means you can submit your form at any point during the year.
What documents do I need to upload?
Keep scanned copies ready of your caste certificate, income certificate, Aadhaar card, a passport-size photograph, the first page of your bank passbook, and proof of residence.
How do I apply for the Vehicle Loan Scheme?
Go to the GTKVN website at gtkdconline.gujarat.gov.in and choose the "Apply Now" option in the top menu. Select the vehicle loan scheme, pick your loan category and the amount you need, then complete the form with your personal details, address, income information, loan requirement and bank account details. Upload the required documents, use the "Preview" option to check everything, and submit. You will receive an Application ID or reference number — save or print it so you can track your application later.
Is DPIIT recognition required for GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles, though having it can strengthen your application and unlock other benefits.
Who offers GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles?
GTKVN Vehicle Loan Scheme — Up to ₹4L for Commercial Vehicles is offered by Gujarat Thakor and Koli Vikas Nigam (GTKVN), a government body. It is provided as non-dilutive funding.
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