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Atmanirbhar Gujarat Sahay Yojana: How to get the 2% interest rate loan 2020

State Chief Minister Vijaybhai Rupani has announced loans of up to Rs one lakh for small traders and shopkeepers. The biggest advantage of this loan is that the borrower does not have to give any guarantee. More than one million people can benefit from this scheme

The rate of this loan has also been kept at a very reasonable two per cent. In this regard, Gujarat's co-operative leader and Gujkamasol chairman Dilip Sanghani said that so far no government has come up with such a scheme. This plan will help people to start their own business after the lockdown and keep the house running smoothly

➦How much interest will have to be paid
The borrower has to pay only two per cent interest. The government will pay six per cent interest on the loan

➦Who can get a loan? : Barber, laundress, plumber, small grocery store, street vendor, auto driver etc. will benefit from doing small business.

➦From what date will the form be distributed? : Distribution of application form for this scheme called Atmanirbhar Gujarat will start from 21st May.

➩Where can I get the form? : Forms will be available from a total of 9000 places including 1000 District Co-operative Bank branches, 1,400 Urban Co-operative Banks, 7,000 Credit Co-operative Societies in the state.

➩Until when can the form be filled? : Small traders or businessmen wishing to avail the benefits of this scheme have to fill up the form and return it to the branches by 31st August
➩How much do I have to pay : No fee will be charged for the form. No commission is also charged for approving the loan.

☑️Important Links:

Important Date
The scheme will be applicable to the beneficiaries applying to banks / credit societies from 21-05-2020 to 31-08-2020.

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