Term Loan Scheme (GTKVN) offers financial support of up to ₹15,00,000 to people from Thakor and Koli communities in Gujarat for agriculture, small businesses, craftsmanship and traditional trade. Gujarat Thakor and Koli Vikas Nigam (GTKVN) runs this scheme under the Social Justice and Empowerment Department, and online registration is open through the official portal.
The scheme helps eligible people start their own venture by funding most of the project cost. The government covers 95% of the project cost while the applicant puts in only 5% as margin money. This makes it easier to buy equipment, raw material or set up a small business without heavy upfront spending.
Term Loan Scheme (GTKVN) - Introduction
Term Loan Scheme (GTKVN) supports the path toward financial independence for eligible families in Gujarat. This state-level scheme, run by Gujarat Thakor and Koli Vikas Nigam under the Social Justice and Empowerment Department, provides the required funding to start a new venture. Whether someone wants to invest in agriculture, traditional craftsmanship or a small service-based business, this scheme offers a concessional loan to buy equipment or raw material.
The loan can be used for agriculture and related activities, small industry, artisan work, traditional family business and service-type trades. The repayment is spread over 60 equal monthly installments, which keeps the monthly load predictable for the borrower. As of August 2026, the scheme is open for applications through the online portal.
| Detail | Information |
|---|---|
| Scheme Name | Term Loan Scheme (GTKVN) |
| Level | State |
| State | Gujarat |
| Beneficiary Type | Individual |
| Department | Social Justice and Empowerment Department |
| Implementing Agency | Gujarat Thakor and Koli Vikas Nigam |
| Maximum Loan | ₹15,00,000 |
| Beneficiary Share | 5% Margin Money |
| Government Share | 95% of Project Cost |
| Repayment | 60 Equal Monthly Installments |
| Application Mode | Online |
Benefits
This scheme gives a solid base to build a small business. The main benefits are listed below.
- Loan Amount: Applicants can get financial support up to ₹15,00,000 for their project.
- Low Beneficiary Share: The government covers 95% of the project cost, while the applicant provides only 5% as margin money.
- Easy Repayment: The loan is repaid in 60 equal monthly installments, including interest, which keeps the budget predictable.
- Wide Use: Funds can be used for agriculture, livestock, small industry, traditional artisan work and service-based businesses.
- Support: One guarantor is required to secure the financial application.
Eligibility
To get this support, the applicant should meet the following conditions.
- Residence: The applicant should be a permanent resident of Gujarat.
- Community: The applicant must belong to the Thakor or Koli community.
- Income Limit: The total annual family income should be ₹3,00,000 or less.
- Age: The applicant should be between 21 and 50 years old at the time of applying.
- Skill and Experience: The applicant should have the required skill or prior experience for the proposed business.
- Guarantee: Suitable collateral or guarantee is required to secure the loan.
Note: Families with an annual income up to ₹1,50,000 are given top priority. At least 50% of the total loan funds are set aside for them first.
Application Process
Follow these steps to complete the online application through the official portal.
STEP 1 - Visit the official GTKVN website.
STEP 2 - Click on Apply Now located on the top menu bar.
STEP 3 - Select the Term Loan Scheme option.
STEP 4 - Choose the category and enter the required loan amount.
STEP 5 - Fill out the application form with personal details, address, income sources, business details and bank information accurately.
STEP 6 - Upload clear scans of the documents, including caste and income certificates, Aadhaar card, bank passbook and residence proof.
STEP 7 - Review all information by clicking Preview before submitting.
STEP 8 - Once submitted, note down the Application ID to track the status later.
Documents
Keep these documents ready for a smooth application process.
- Aadhaar Card
- Ration Card
- Voter ID
- Passport size photographs
- Business address proof
- Birth certificate
- Caste certificate
- Bank passbook
- Income certificate
References
More details and official guidelines are available through these links.
FAQ's
What is the maximum loan I can get?
You can receive up to ₹15,00,000 depending on your project needs and eligibility.
What is the rate of interest on the loan?
The interest rate is fixed by the government from time to time as per current rules and is applied to the loan amount.
Who is eligible to apply for this loan?
If you belong to the Thakor or Koli community and meet the income, age and residence conditions, you can apply.
What can I use the loan for?
You can use the funds for agriculture, livestock, small industries, traditional artisan work or general service-based businesses.
Is any contribution required from me?
Yes, as a beneficiary you should contribute 5% of the total project cost as your margin money.
What is the age limit for this scheme?
The applicant age must be between 21 and 50 years at the time of applying.
What is the repayment period?
You should repay the loan in 60 equal monthly installments, inclusive of interest.
Is collateral security necessary?
Yes, you must provide suitable collateral or guarantee to secure the loan as per the departmental rules.