Micro Finance Scheme for Self Help Groups (GTKVN)
The scheme aims to economically empower women from Thakor and Koli castes through self-employment opportunities via Self Help Groups (SHGs). Under this scheme, eligible members of SHGs receive a loan up to ₹60,000/- at low interest to start or expand small-scale businesses/enterprises.
About This Scheme
The “Micro Finance Scheme for Self Help Groups” is implemented by the Gujarat Thakor and Koli Vikas Nigam (GTKVN) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to economically empower women from Thakor and Koli castes through self-employment opportunities via Self Help Groups (SHGs). Under this scheme, eligible members of SHGs receive a loan at low interest to start or expand small-scale businesses/enterprises.
Benefits
Loan Amount: Up to ₹60,000/- for eligible small businesses.
Interest Rate: 5% per annum.
Loan Coverage: 95% of the project/business cost is covered; 5% contribution is to be made by the beneficiary.
Repayment Term: 48 equal monthly installments (4 years), including interest.
Eligibility Criteria
The applicant should be a resident of Gujarat.
The applicant should be a member of a Self Help Group (SHG).
The applicant should belong to the Thakor or Koli caste.
The applicant’s age should be at least 21 years and not more than 50 years as on the date of application.
The applicant’s annual family income should not exceed ₹3,00,000/-.
The applicant should have relevant experience in the proposed trade/business field.
The applicant will have to provide suitable collateral to get the loan.
Note: At least 50% of the total loan allocation is reserved for those with family income up to ₹1,50,000/-.
Application Process
Apply Online
Step 1: Visit the
official website
of the Gujarat Thakor and Koli Vikas Nigam.
Step 2: On the top menu bar, click on “Apply Now”.
Step 3: Click on the loan scheme name.
Step 4: Select the loan category and fill in the loan amount.
Step 5: Fill out the Application Form, enter the following details:
Personal Information: Name, gender, date of birth, caste, etc.
Address Information: Permanent and correspondence address
Income Details: Monthly family income and source
Loan Requirement: Amount needed, proposed use (e.g., business, self-employment)
Bank Account Details: For loan disbursement
Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
Official Source: View on myScheme.gov.in
Benefits
Loan Amount: Up to ₹60,000/- for eligible small businesses.
Interest Rate: 5% per annum.
Loan Coverage: 95% of the project/business cost is covered; 5% contribution is to be made by the beneficiary.
Repayment Term: 48 equal monthly installments (4 years), including interest.
Application Process
Apply Online
Step 1: Visit the official website
of the Gujarat Thakor and Koli Vikas Nigam.
Step 2: On the top menu bar, click on "Apply Now".
Step 3: Click on the loan scheme name.
Step 4: Select the loan category and fill in the loan amount.
Step 5: Fill out the Application Form, enter the following details:
Personal Information: Name, gender, date of birth, caste, etc.
Address Information: Permanent and correspondence address
Income Details: Monthly family income and source
Loan Requirement: Amount needed, proposed use (e.g., business, self-employment)
Bank Account Details: For loan disbursement
Step 6: Upload scanned copies of the Caste certificate, Income certificate, Aadhaar card, Passport-size photo, Bank passbook (first page), and Residence proof.
Step 7: Double-check all details. Click on “Preview” to verify. If all details are correct, click “Submit”.
Step 8: Applicant will receive an Application ID/Reference Number. Save or print the acknowledgement for future tracking.
References & Official Links
Scheme Details
| Full Name | Micro Finance Scheme for Self Help Groups (GTKVN) |
| Short Title | MFSSHG |
| Level | State |
| Scheme For | Individual |
| Ministry | Ministry Of Skill Development And Entrepreneurship |
| Categories | Banking,Financial Services and Insurance, Business & Entrepreneurship, Women and Child |
| States | Gujarat |
| Gender | All |
| Age Range | 21 — 50 years |
| Area | Both |
| Income Limit | ₹300,000/year |
| Source | www.myscheme.gov.in ↗ |
Deepika Raikwar · 📅 25 Mar 2026📌 Related Government Schemes
StateAbua Awas Yojana: झारखंड के 8 लाख गरीब परिवारों को 3 कमरों का पक्का घर देने वाली राज्य योजना की पूरी जानकारी
Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Saving in Consumption of Energy and Water
Machhali Palan
Price Support Scheme
National Mission for Sustainable Agriculture – Reinforced Area Development
Distribution of Materials to Promote Herbal Cultivation in Uttarakhand – Herbal Research and Development Institute, Uttarakhand
Deepika Raikwar is an Education Analyst and scholarship researcher who focuses on public welfare and merit-based scholarships. She simplifies complex eligibility rules, deadlines, and application processes to help common people access reliable funding opportunities worldwide.
View all posts by Deepika Raikwar →