Gujarat’s Shri Vajpayee Bankable Yojana now gives a bank loan of up to ₹25 lakh with a subsidy of 20–40% of the loan: up to ₹3.75 lakh for general category and ₹5 lakh for SC, ST and divyang applicants (from FY 2025-26). See your subsidy, loan and EMI below.
Vajpayee Bankable Yojana Subsidy Calculator
Enter your project. See if you qualify, your subsidy, bank loan, own share and EMI. गुजरात वाजपेयी बैंकेबल योजना: सब्सिडी और EMI तुरंत देखें।
Free estimate, not an approval. Shri Vajpayee Bankable Yojana, Commissionerate of Cottage & Rural Industries, Gujarat. From FY 2025-26: bank loan up to ₹25 lakh; subsidy 25% (rural) / 20% (urban) of the loan for general category and 40% / 30% for SC, ST, ex-servicemen, women and blind or 40%+ disabled; maximum ₹3.75 lakh (general) or ₹5 lakh (SC, ST, divyang). Source: cottage.gujarat.gov.in. Rules verified on 11 Oct 2026.
Example: ₹16 lakh fabrication unit in a village
A general-category applicant, age 32, 10th pass, sets up a small fabrication unit in a village for ₹16 lakh. With 10% own contribution (₹1.6 lakh) the bank loan is ₹14.4 lakh. Subsidy is 25% = ₹3.6 lakh (below the ₹3.75 lakh cap). EMI at 11% for 5 years is about ₹31,309 a month, or about ₹23,482 if the subsidy is adjusted against the loan. In a city the rate would be 20% (₹2.88 lakh).
Vajpayee Bankable Yojana 2026 rules at a glance
| Rule (from FY 2025-26) | |
|---|---|
| Run by | Commissionerate of Cottage & Rural Industries, Gujarat, through District Industries Centres (DIC) and banks |
| Maximum bank loan | ₹25 lakh (industry, service, business) |
| Subsidy cap: general | ₹3.75 lakh |
| Subsidy cap: SC / ST / divyang | ₹5 lakh |
| Subsidy cap: women / ex-servicemen | ₹3.75 lakh as per the minister’s statement; confirm with DIC |
| Age | 18 to 65 years |
| Income limit | None |
| Apply | Online on blp.gujarat.gov.in |
| Old rules (until FY 2024-25) | Loan up to ₹8 lakh; subsidy cap ₹1.25 lakh (industry), ₹1 lakh (service), ₹60,000–80,000 (business). No longer current. |
Subsidy rate by area and category:
| Area | General | SC / ST / ex-servicemen / women / blind or 40%+ disabled |
|---|---|---|
| Rural | 25% of loan | 40% of loan |
| Urban | 20% of loan | 30% of loan |
Who is eligible
- A resident of Gujarat aged 18 to 65.
- At least 4th standard pass, or training in the proposed work (3 months at a private or 1 month at a government-recognised institute), or 1 year of experience in it, or a hereditary artisan.
- Blind and disabled persons are eligible. No income limit.
- A new self-employment activity in industry, service or business that a bank agrees to finance.
Documents
- Passport photo, Aadhaar card and proof of address in Gujarat
- Caste certificate (SC / ST), disability certificate (40%+), or ex-serviceman papers, if you claim the higher rate
- School certificate, training certificate or experience letter
- Supplier quotation for machinery / tools / stock and a project report
- Bank account details; the portal lists the exact uploads
How to apply
- Make a project report with the machinery, tools or stock you will buy and a supplier quotation (see our project report for bank loan).
- Register on the Bankable Loan Portal blp.gujarat.gov.in with your mobile number (OTP) and choose Shri Vajpayee Bankable Yojana.
- Fill in category, qualification, special category, training / experience, supplier and machinery cost, and upload the documents.
- The District Industries Centre (DIC) checks the application and sends it to the bank.
- The bank appraises and sanctions the loan; the subsidy is released through the bank. Track it under Application Status on the portal.
Official sources: cottage.gujarat.gov.in (Commissionerate of Cottage & Rural Industries) and blp.gujarat.gov.in (Bankable Loan Portal, apply and track status).
Frequently asked questions
How much subsidy is given under Vajpayee Bankable Yojana in 2026? A share of the bank loan: 25% in rural areas and 20% in urban areas for general category; 40% (rural) and 30% (urban) for SC, ST, ex-servicemen, women and blind or 40%+ disabled applicants. The maximum is ₹3.75 lakh for general category and ₹5 lakh for SC, ST and divyang applicants (from FY 2025-26).
What is the maximum loan amount under Vajpayee Bankable Yojana? ₹25 lakh for industry, service and business, from FY 2025-26. It was ₹8 lakh earlier, with a subsidy cap of ₹1.25 lakh. Many websites still show the old ₹8 lakh limit.
What is the age limit for Vajpayee Bankable Yojana? 18 to 65 years. There is no income limit. You also need a 4th standard pass, or training in the activity (3 months at a private or 1 month at a government-recognised institute), or 1 year of experience, or be a hereditary artisan.
Can I get an auto rickshaw or car loan under Vajpayee Bankable Yojana? The official scheme pages list industry, service and business but do not clearly say whether a vehicle such as an auto-rickshaw, taxi or car is covered. Ask your District Industries Centre or bank before you apply. A car for personal use is not a self-employment activity.
How much margin or own contribution do I have to pay? The official summary does not fix a percentage. The bank decides your own contribution when it appraises the project. The calculator assumes 10%; change it to what your bank asks.
What documents are needed for Vajpayee Bankable Yojana? Usually: photo, Aadhaar, proof of address in Gujarat, caste / disability / ex-serviceman certificate if you claim a reserved category, education or training or experience certificate, supplier quotation for machinery, project report and bank details. The portal shows the exact list when you apply.
How do I apply online, and which banks give the loan? Apply on blp.gujarat.gov.in. The DIC sends your file to the bank you choose. Ask your nearest DIC or bank branch whether it takes Vajpayee Bankable Yojana loans; the official pages do not publish a fixed bank list.
Sources: Commissionerate of Cottage & Rural Industries, Gujarat, Schemes page (₹25 lakh loan, ₹3,75,000 / ₹5,00,000 subsidy, 25/20/40/30% rates, GRs of 09-05-2025 and 18-06-2025); SLBC Gujarat scheme page (₹25 lakh loan, age 18–65, education rule); Gujarat Assembly reply by the Cottage Industries minister reported by IANS, 9 Mar 2026 (8 → 25 lakh from FY 2025-26; ₹3.75 L general, ₹5 L SC/ST/divyang). Estimate, not approval. Rules verified on 11 Oct 2026.
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