How to Apply for Motorcycle Taxi Yojana — Interest-Free Loan Up to ₹17.5L

There is no test or pitch round. Assessment happens in two stages.

1. Bank scrutiny. The cooperative bank where you submit your form checks that the application is complete and that you meet the basic criteria — residency, age, driving licence, default status and CIBIL score.

2. District Level Committee review. Applications that clear scrutiny are forwarded to the District Level Committee, chaired by the District Magistrate or the Chief Development Officer. This committee carries out the final review and selects eligible applicants, weighing the scheme's objectives against the resources available.

After selection, approved applications travel back through the District Cooperative Bank Head Office to the relevant bank branches. The branch completes the prescribed formalities, issues a loan sanction letter, and then the sanctioned amount is released directly to the vehicle dealer.