Swayam Saksham Yojana (GTKVN) — ₹5L Loan at 5% for Gujarat Youth

Swayam Saksham Yojana is a credit scheme offered by the Gujarat Thakor and Koli Vikas Nigam (GTKVN), an organisation functioning under the state's Social Justice and Empowerment Department. It exists to help professionally qualified but jobless young men and women from the Thakor and Koli communities build a business of their own instead of waiting for employment.

The scheme is built for people who already hold a qualification but have no earning venture to show for it. Support is meant for setting up a self-employment unit inside the applicant's own area of training — pharmacy, architecture, software or hardware work, automobile engineering, law, chartered accountancy, a medical line, hotel management, financial consultancy, or a formally learnt skill such as sculpture or wrestling.

Because the assistance comes as a loan and not a grant, it has to be paid back — but on terms far softer than commercial borrowing. A modest interest rate and a repayment window spread over monthly instalments give a first-time entrepreneur room to establish the business without the pressure of heavy early outflows.

The window for applying stays open through the year, so applicants are not tied to a single intake date.

• Loan of up to ₹5,00,000 at just 5% annual interest
• Covers 95% of project cost; beneficiary contributes 5%
• Repayable across a maximum of 5 years in 60 EMIs
• Open to Thakor and Koli community youth in Gujarat aged 18–35
• Family annual income must be within ₹3,00,000
• Applications accepted on a rolling basis through the GTKVN portal

Who can apply

• Domicile: The applicant has to be a resident of Gujarat.
• Community: Belonging to the Thakor or Koli caste/community is mandatory.
• Age: Applicants must be between 18 and 35 years on the date they apply.
• Education or experience: Technical or professional education — or comparable experience — in the trade the applicant intends to pursue is expected.
• Employment status: The applicant should be unemployed and planning to set up a self-employment unit.
• Family income: The family's yearly income must not go beyond ₹3,00,000.

Qualifying fields of study

Applicants should hold completed professional education in a recognised line. The scheme accepts fields such as Medical practice, Law, Architecture, Engineering, Chartered Accountancy, Hotel Management, Software and Hardware, Financial Consultancy, Pharmacy and Automobile Engineering, along with trained skills including Sculpture and Wrestling.

Swayam Saksham Yojana (GTKVN) — ₹5L Loan at 5% for Gujarat Youth is open to startups at any stage. It is open to startups registered anywhere in India.

Swayam Saksham Yojana (GTKVN) — ₹5L Loan at 5% for Gujarat Youth 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.

Support under the scheme is extended as a low-interest loan rather than a grant.

• Loan ceiling: Up to ₹5,00,000 per beneficiary.
• Project cost coverage: The scheme funds 95% of the total business or project cost.
• Own contribution: The beneficiary brings in the remaining 5% as a personal stake in the venture.
• Interest rate: 5% per annum.
• Repayment: A maximum of 5 years, structured as 60 equal monthly instalments. The exact tenure is fixed according to the type of business and its projected cash flow.

The design keeps the initial capital burden low, so a qualified but unemployed person can put together the machinery, premises, stock or setup needed to start working.

Swayam Saksham Yojana (GTKVN) — ₹5L Loan at 5% for Gujarat Youth 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.

Once an application is submitted, it goes before a selection committee made up of representatives of the Gujarat Thakor and Koli Vikas Nigam.

The committee checks the eligibility conditions in detail — community/caste, age, educational qualification and the family's annual income.

The proposed business and the way the loan amount is meant to be used are examined as well, to confirm that the plan fits the scheme's goal of creating self-employment among the targeted group.

Before you apply to Swayam Saksham Yojana (GTKVN) — ₹5L Loan at 5% for Gujarat Youth, 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.

Swayam Saksham Yojana (GTKVN) — ₹5L Loan at 5% for Gujarat Youth is best suited for startups in India seeking non-dilutive funding of ₹5L. If that describes your startup, review the eligibility criteria above before applying.