Atmanirbhar Gujarat Sahay Yojana (AGSY) 2020 Apply Online Form [Rs. 1 Lakh Loan at 2% Interest]

Deputy Chief Minister Shri Nitinbhai Patel and Minister of State for Home Shri Pradipsinh Jadeja from Gandhinagar and other Cabinet Ministers from district headquarters joined video conference cabinet. The Chief Minister also reviewed the Covid-19 infection spread in the state and the health measures taken to prevent transmission. In cabinet meeting they decided to launch Atmanirbhar Gujarat Sahay Yojana for all the enterprenures. Also this scheme will be implemented for Small businessmen, Skilled Workers, Autorickshaw owners, Electricians, Barbers, Other people with lower income. In addition implementation of lockdown as well as the district-wise review of the system of free distribution of food grains from government approved fair prise shops were also reviewed.

Key Features of Gujarat Self Reliant Scheme

  • Rs. 1,00,000/- Loan provided Co-Operative Bank, Credit Society & District Bank
  • Only Based on Application done to bankers no additional documents submission
  • Unsecured Collateral Free Loan
  • The loan shall be available @ 2% Per Annum Interest Rate
  • 6% Interest shall be borne by State Government
  • 6-month Moratorium – No interest + Principal payable during that period
  • 3 Years Loan Period
  • Quantum of Assistance:- 5000 Crore

Who are the beneficiaries

Small businessmen, skilled workers, autorickshaw owners, electricians, among others whose economic activities have been disrupted due to the prevailing

What is the interest rate on loan offered under the atmanirbhar Sahay scheme?

Although the total interest rate is 8% eligible people need to pay only 2% as the remaining 6% will be paid by the state government.

Where to Apply for Atmanirbhar Gujarat Sahay Yojana

The application forms for Atmanirbhar Gujarat Sahay Yojana will be available at more than 9000 places including about 1000 District Co-operative bank branches, 1400 urban co-operative bank branches and more than 7000 credit societies. Loans will be given by state cooperative bank, 18 district cooperative banks, 217 urban cooperative banks and credit societies.

Application Start Date: 21 May 2020
Application Last Date: 31 August 2020

Download Here Application Form Click Here

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