New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5%
GTKVN's New Swarnima Yojana gives women from Gujarat's Thakor and Koli communities a self-employment loan of up to ₹1,00,000 at 5% interest, repayable over five years.
- Funding amount
- ₹1L (debt / loan)
- Funding type
- Debt / Loan
- Provider
- Gujarat Thakor and Koli Vikas Nigam (GTKVN) (Government)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The New Swarnima Yojana is a self-employment loan programme run by the Gujarat Thakor and Koli Vikas Nigam (GTKVN), an organisation functioning under the Social Justice and Empowerment Department of the Government of Gujarat. Its purpose is to help women from the Thakor and Koli communities — particularly those from BPL households — build a business or trade of their own rather than rely solely on wage labour, and to earn a livelihood on their own terms.
Support here comes as a loan, not a grant and not equity. That means the woman running the enterprise keeps complete ownership of it while repaying the amount over time. GTKVN can finance the entire approved project cost, subject to a ceiling of ₹1,00,000, so a beneficiary does not need to arrange matching capital from her own savings before she can begin.
There is no fixed last date. Applications are accepted on a rolling basis, which lets an applicant apply whenever her business plan and paperwork are ready.
Because the scheme is aimed at first-time entrepreneurs from two specific communities in Gujarat, the evaluation leans heavily on two practical things: the applicant's actual experience in the trade she proposes to enter, and her ability to pledge collateral. Both are treated as conditions of the loan rather than optional extras.
Highlights
- Loan of up to ₹1,00,000 for each selected woman
- Interest charged at just 5% per annum
- Repaid across five years in 60 monthly instalments
- Open to Thakor and Koli women residing in Gujarat
- Covers the full approved project or business cost
- No fixed deadline — applications stay open all year
Who can apply
The scheme is restricted to a clearly defined group, and every condition below has to be satisfied at the time of application.
- Women who are permanent residents of Gujarat.
- Members of either the Thakor or the Koli community.
- Aged 21 to 50 years as on the date of application.
- Annual family income not exceeding ₹3,00,000.
- Practical experience in the business or trade being proposed — the scheme is for people who already know the line of work they intend to enter, not for speculative ideas.
- Ability to offer acceptable collateral, since the amount is advanced as a secured loan.
The scheme does not list any sector restrictions, so the choice of trade is largely up to the applicant, provided her background supports it and GTKVN approves the project.
New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5% is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5% 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.
What the funding covers
The financial support is structured as a term loan of up to ₹1,00,000, and it can cover 100% of the approved project or business cost. A beneficiary therefore does not have to bring in a share of the capital herself.
- Interest rate: 5% per annum.
- Repayment: 60 equated monthly instalments spread over five years, with the interest built into those instalments.
- Coverage: the full sanctioned cost of the project or trade being set up.
- Ownership: because this is a loan, the borrower retains full control and ownership of her enterprise.
The money is meant to be put into establishing and running the chosen trade or self-employment activity, and the repayment schedule is fixed so the borrower knows her monthly outgo from the start.
About the provider
New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5% 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.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
Applications are submitted online and enter a screening stage first. The screening verifies the qualifying conditions one by one — Gujarat residency, membership of the Thakor or Koli community, the 21 to 50 age band, the ₹3,00,000 family income ceiling, and proof of relevant business experience.
Once the basic filters are cleared, the substance of the proposal is assessed: whether the trade or business the applicant wants to start is viable, and whether her experience matches it.
Collateral is a prerequisite, so approval cannot proceed until suitable security is offered for the loan.
A dedicated committee or authority within GTKVN then examines the qualified applications that remain and issues the final sanction. Disbursement of the loan amount follows the sanction.
Documents you’ll need
Before you apply to New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5%, 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.
Who this is best for
New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5% is best suited for startups in India seeking non-dilutive funding of ₹1L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
What is the New Swarnima Yojana and who operates it?
It is a self-employment loan scheme for women, operated by the Gujarat Thakor and Koli Vikas Nigam (GTKVN), which works under the Social Justice and Empowerment Department of the Government of Gujarat. It was created to help women from the Thakor and Koli communities, especially those in BPL households, start a business or trade of their own.
How much funding can I get through this scheme?
Eligible applicants can receive up to ₹1,00,000, and the loan can finance 100% of the approved project or business cost. In other words, you are not required to fund part of the project yourself before GTKVN steps in.
What interest rate applies, and how long do I get to repay?
The rate is 5% per annum. Repayment is spread over five years and is made through 60 equated monthly instalments, with interest included in those instalments.
Who is eligible to apply?
You must be a woman and a resident of Gujarat, belonging to either the Thakor or the Koli community. Your age has to be between 21 and 50 years on the date you apply, and your family's yearly income must not cross ₹3,00,000. You also need relevant experience in the business or trade you plan to take up, and you must be able to provide suitable collateral.
Is there an application deadline I need to meet?
No. The scheme runs on a rolling basis, so applications remain open at all times. You can apply whenever your business plan and documents are ready, without waiting for a specific window to open.
Does the scheme take any equity or ownership in my business?
No. This is a debt scheme, so GTKVN does not take a stake in your venture. You receive the amount as a loan, repay it with interest over five years, and continue to own and control the business entirely.
Is collateral required to get the loan?
Yes. Providing suitable collateral is a prerequisite, and the application cannot move forward to sanction without it. The loan is a secured advance rather than an unsecured one.
What kind of business can I start with the loan amount?
The scheme is meant for self-employment ventures and trades, and it does not restrict applicants to particular sectors. The business you choose has to be one you have relevant experience in and one that GTKVN approves as a viable project.
Which documents do I need to upload with the application?
You will need scanned copies of your caste certificate, income certificate, Aadhaar card, a passport-size photograph, the first page of your bank passbook, and proof of residence. The online form also asks for personal details such as name, gender, date of birth and caste, your permanent and correspondence addresses, monthly family income and its source, the loan amount you are seeking and how you intend to use it, along with your bank account details for disbursement.
How do I apply for the New Swarnima Yojana?
Applications are made online through the GTKVN portal at https://gtkdconline.gujarat.gov.in/. You select the scheme and the relevant loan category, enter the amount you need, complete the application form and upload your documents. Use the preview option to check everything before submitting. On successful submission you will receive an Application ID or reference number — save or print it so you can track your application later. General information about GTKVN is available at https://sje.gujarat.gov.in/gtkvn/Home?lang=English.
Is DPIIT recognition required for New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5%?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5%, though having it can strengthen your application and unlock other benefits.
Who offers New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5%?
New Swarnima Yojana for Women — ₹1 Lakh GTKVN Loan at 5% is offered by Gujarat Thakor and Koli Vikas Nigam (GTKVN), a government body. It is provided as non-dilutive funding.
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