Vajpayee Bankable Yojana 2025 : Booklet, Application Process, Eligibility and Benefits through the Finance Department and National Informatics Centre, has revamped the Shri Vajpayee Bankable Yojana with a dedicated online portal. This initiative offers fast, transparent processing for aspiring entrepreneurs—especially unemployed youth in urban and rural areas—seeking financing to launch their ventures.
📌 Scheme Snapshot
- Name: Shri Vajpayee Bankable Yojana
- Administered by: Industries & Mines Department (Cottage & Rural Industries Division), Government of Gujarat
- Objective: Promote self-employment among unemployed youth
- Max loan: ₹8 lakh for industry, service, or business sectors
- Portal: Bankable Loan Portal
✅ Who Can Apply
- Age: 18–65 years
- Residency: Must be a Gujarat resident
- Educational/training: Minimum 4th-grade pass, plus one of:
- 3 months private-sector training or
- 1 month recognized government training or
- 1 year relevant work experience or
- Hereditary craftsman
- No existing unpaid loan in applicant’s name
- Inclusive eligibility: Open to the blind and disabled
🎁 Benefits & Subsidies
- Loan amount: Up to ₹8 lakh
- Subsidy structure varies by category and location:
| Category | Rural | Urban | Max Subsidy |
|---|---|---|---|
| General | 25% (₹2 L on ₹8 L) | 20% (₹1.6 L) | ₹60k–₹75k (business) |
| SC/ST/OBC/Women/Ex-servicemen | 40% (₹3.2 L) | 30% (₹2.4 L) | ₹80k (business) |
| Blind/Disabled (≥40%) | Same rates, max ₹1.25 L across sectors |
- Sector-specific caps:
- Industries: ₹1.25 L
- Service: ₹1.00 L
- Business: ₹60 k–₹80 k based on category/location
🛠 Required Documents
Applicants should prepare:
- Aadhaar Card
- Educational certificate (minimum 4th standard)
- Training or work experience certificate
- Caste/disability certificate (if applicable)
- Proof of residence (ration card, voter ID, etc.)
- Passport-size photograph
- Project/business plan report
- Bank passbook/account details
🧭 How to Apply (Online via BLP Portal)
- Register at the Bankable Loan Portal (
blp.gujarat.gov.in) using your mobile OTP - Log in and complete your Citizen Profile (Aadhaar, address, etc.)
- Start new application, select the Yojana, fill project and financial details
- Upload all necessary documents
- Submit your application and receive an acknowledgment number
- Track status any time via the portal
For offline support, visit your District Industries Centre (DIC) or Taluka Development Office.
🎓 What Happens Next?
- Applications are scrutinized by a Selection Committee
- Upon approval, beneficiaries may undergo basic business training
- Loan funds are disbursed directly to the bank account
- Subsidy is credited post-disbursement
- Entrepreneurs gain access to mentoring and support via DIC offices
💡 Why This Matters
This scheme empowers Gujarat’s youth by:
- Reducing unemployment through self-employment
- Providing low-cost finance with significant subsidies
- Boosting cottage, micro, and small enterprises, especially in rural areas
- Including differently-abled individuals in the entrepreneurial ecosystem
Important Links:
- Official Website: Click Here
- Booklet: Click Here
✍️ Final Thoughts
The Vajpayee Bankable Yojana 2025: Booklet, Application Process, Eligibility and Benefits is a game-changer for Gujarat’s unemployed youth—offering robust funding, dedicated support, and structured processes to springboard new entrepreneurial journeys. If you’re between 18 and 65, based in Gujarat, and aspiring to launch your own venture, this is your opportunity to build, grow, and prosper.
