Atmanirbhar Gujarat Sahay Yojana (AGSY): Register & Apply Now

In this article, we will discuss all of the main components of the Atmanirbhar Gujarat Sahay Yojana, which was just announced by the Chief Minister of Gujarat state to assist all of the impoverished people who have been adversely affected by the lockdown situation.

In this post, we will go over all of the scheme’s implementation procedures as well as the application process for small company owners who want to apply for the Atmanirbhar Gujarat Sahay Scheme. We will also inform you of all eligibility requirements and any incentives.

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Atmanirbhar Gujarat Sahay Yojana 2023

The Gujarat government has launched the Atmanirbhar Gujarat Sahay Yojana, which will provide a Rs. 1 lakh advance at a 2% loan cost rate. This is state government assistance in the form of a Rs. 5000 crore package for individuals. It includes small business owners, skilled specialists, autorickshaw drivers, circuit testers, and others whose financial activities have been hampered by the ongoing COVID-19 lockdown. Gujarat’s state administration would provide an additional 6% incentive to banks providing credit under the AGSY aimed at small enterprises.

Overview of the Atma Nirbhar Sahay Yojana

Name	Atmanirbhar Gujarat Sahay Yojana
Launched by	Gujarat Government
Beneficiaries	Small and lower-middle-class workers
Objective	Providing monetary help and cheap loans to small businesses
Official Website	https://atmanirbhar.gujarat.gov.in/webportal/login

Purpose of the Atmanirbhar Gujarat Sahay Yojana

The primary goal of the Atmanirbhar Gujarat Sahay Scheme is to provide loans to all businessmen whose operations have suffered as a result of the coronavirus lockdown. The government is offering a Rs 1 lakh loan at 2% interest. With this loan, Gujarat business owners can resume operations that were halted owing to the coronavirus lockdown.

Benefits of the Atma Nirbhar Sahay Scheme

The Gujarat government has created this initiative to assist all impoverished businessmen whose enterprises have been affected by the Coronavirus sickness and are unable to reopen. The Gujarat government would provide a one lakh rupee loan at 2% interest, which will be a terrific offer for those businessmen who wish to restart their operations following the lockdown. According to Gujarat government officials, this arrangement is considerably superior to all of the other states’ incentives of merely Rs. 5000.

Features of the Atma Nirbhar Sahay Yojana

The initiative benefits the state’s 10 lakh small-business owners, including grocery store owners, vegetable vendors, and autorickshaw drivers.
Beneficiaries would receive a collateral-free loan of up to Rs. 1 lakh.
Applicants must pay 2% interest every year, while the state government will pay the remaining 6% interest.
Beneficiaries will be granted a 6-month moratorium.
Cooperative banks, district banks, and credit cooperative organizations will supply the loan.
The government has approved Rs.5000 crore for the project.

Eligibility Criteria for Applying the Scheme

The applicant must be a permanent resident of Gujarat, India.
This scheme is only open to candidates who fall below the poverty threshold.

Eligible Candidates

Applicants from the following groups are eligible to apply for this Yojana. The following are the items on the list:

Hairdressers
Electricians
Skilled workers
Small business
Auto-rickshaw drivers
Other citizens with lesser wages

How to Apply for the Atmanirbhar Gujarat Sahay Yojana 2023?

The application method for the scheme is outlined in a straightforward step-by-step guidance below.

Go to the official site and click on the “Gujarat Sahay Yojana Application Form PDF” link.
Take a printout of the downloaded application form.

Fill out the application form with your personal information.
Next, provide your bank information and contact information.
Attach all the required documents listed on the application form.
The application forms are also available in over 9000 locations, including about 1400 Urban Co-operative Bank branches, 1000 District Co-operative Bank branches, and over 7000 credit societies.
Then, submit the completed application form to any of Gujarat’s District Co-operative Banks, Urban Co-operative Banks, or Credit Societies.

Required Documents for the Scheme

Aadhar card
Ration card
Mobile number
Passport size photograph
Income certificate
Domicile certificate

Implementation Procedure of the Yojana

Under the Atmanirbhar Gujarat Sahay Yojana, almost 10 lakh applicants will be given a loan of Rs. 1 lakh apiece from banks at a 2% annual interest rate to help them restart their lives. All credits will be awarded based on application, with no assurance necessary.

The Gujarat government would pay the remaining 6% interest on bank credit. The residence of such advances will be three years, and re-installation of head and premium will commence six months after the advance sum is approved. After consulting with the banks, the state government made this choice.

List of the Banks under Atmanirbhar Gujarat Sahay Yojana

NAME IF DCCBS	ADDRESS	TELEPHONE NO.	EMAIL ID
AHMEDABAD DIST. CO-OP BANK LTD.	The Ahmedabad Dist. Co.op Bank Ltd., Nr. Gandhi Bridge, Opposite Income Tax Office, P.B.No. 4059, Ahmedabad – 380009.	079-27543025	info@adcbank.coop
AMRELI JILLA MADYASTHA SAH.BANK LTD.	The Amreli Dist. Co.op Bank Ltd. ‘Bhojalram Bhavan’, Rajmaham Road, Amreli- 365 601	02792-222601	ajmsbank@yahoo.co.in
THE BANASKANTHA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.	The Banaskantha Dist. Co.op Bank Ltd., Head Office “Banas Bhavan”, Deesa Highway, Palanpur, Dist. Banaskantha – 385001.	02742 – 252133	banasbank@yahoo.in
BARODA CENTRAL CO-OP BANK LTD.	The Baroda Central Co.op Bank Ltd., Sayajigunj, Station Road, Vadodara-390 005	0265-2225372	info@barodaccb.co.in
BHAVNAGAR DIST. CENT. CO-OP BANK LTD	The Bhavnagar Dist. Co.op Bank Ltd., 13, Ganga Jalia Talav, ’Sahkar Bhavan’, Bhavnagar-364 001	0278-2522357	bdcbank@yahoo.com
BHARUCH DIST. CO-OP BANK LTD.	The Bharuch Dist. Co.op Bank Ltd., Station Road, B/h Hotel Corona, AT&PO., Bharuch- 392 001	02642-252585	ceo@bdccb.in
JAMNAGAR DIST. CO-OP BANK LTD.	The Jamnagar Dist. Co.op Bank Ltd., ‘Sahkar Bhavan’, Ranjit Road, Jamnagar-361 001.	0288-2573701	jam_jdcb@yahoo.com
JUNAGADH JILLA SAH.BANK LTD.	The Junagadh Dist. Co.op Bank Ltd., ‘Shri Lilabhai Sidibhai Khunti Sahkar Bhavan’, Opp.Bus Station, Junagadh-362001	0285-2630091	cbs.department@thejjsbank.co
KAIRA DIST. CENT. CO-OP BANK LTD.	The Kaira Dist. Co.op Bank Ltd., ‘K.D.C.C.Bank Bhavan’, Sardar Patel Road, Ghodiya Bazar, Nadiad-387001	0268-2561831	edpmis.ho@kdccbank.in

List of the Banks under Atmanirbhar Gujarat Sahay Yojana

NAME IF DCCBS	ADDRESS	TELEPHONE NO.	EMAIL ID
KODINAR TALUKA COOP. BANKING UNION LTD.	The Kodinar Taluka Banking Union Ltd., Banking Union Road, P.B.No. – 1, Ta. Kodinar, Dist Gir Somnath – 362720.	02795-221404	ktc_bank@yahoo.co.in
KUTCH DIST. CENT. CO-OP BANK LTD.	The Kachchh Dist. Co.op Bank Ltd., Vijaynagar Char Rasta, Hospital Road, Bhuj, Kachchh – 370 001	02832-251142	banking@thekachchhdccb.co.in
MEHSANA DIST. CENT. CO-OP BANK LTD.	The Mehsana Dist. Co.op Bank Ltd., Rajmahel Road, Mehsana (North Gujarat ) – 384001	02762 – 222278	dccbmsn@yahoo.com
PANCHMAHAL DIST. CO-OP BANK LTD.	The Panchmahal Dist. Co.op Bank Ltd., Head Office: Prabha Road, Godhra – 389001	0272-250853	it@pdcbank.in
RAJKOT DIST. CO-OP BANK LTD.	The Rajkot Dist. Co.op Bank Ltd., “Jilla Bank Bhavan ” Kasturba Road, Rajkot – 360001	0281-2232368	rdcbank@bsnl.in
Sabarkantha DIST. CENT. CO-OP BANK LTD.	The Sabarkantha Dist. Co.op Bank Ltd., “Sahakar Vikas Bhavan”, Station Road, Himatnagar – 383001	02772-240498	sabarbank@skbank.co.in
SURAT DIST. CO-OP BANK LTD.	The Surat Dist. Co.op Bank Ltd., “Shree Pramodbhai Desai Sahakar Sadan”, J. P. Road, Nr. RTO, Surat – 395001.	0261-2466006	admin@sudicobank.com
SURENDRANAGAR DIST. CO-OP BANK LTD.	The Surendranagar Dist. Co.op Bank Ltd., Sahakar Bhavan, Gandhi Marg, Surendranagar – 363001	02752-232495	sdcb_snr@yahoo.in
VALSAD DIST. CENT. CO-OP BANK LTD.	The Valsad Dist. Co.op Bank Ltd., Sahakar Sadan, Kacheri Road, Valsad – 396001	02632-254213	info@vdcbank.in

Frequently Asked Questions

1) What is the Aatma Nirbhar Gujarat scheme?

Atmanirbhar Gujarat Sahay Yojana would assist all brilliant individuals who come from economically disadvantaged backgrounds. The scheme’s operational duration will be from 5/10/2022 to 4/10/2027.

2) Who is eligible for Atmanirbhar loan?

Employees in EPFO-registered establishments earning less than Rs 15,000 are eligible for the scheme. Employees who left their positions between March 1, 2020, and September 30, 2020, and joined any business between October 1, 2020, and March 31, 2022, are also eligible.

3) What is the interest rate of the PM Atmanirbhar loan?

Vendors who take out loans under the plan are eligible for a 7% interest subsidy for quick repayment.

4) In which year was this Yojana launched by the Gujarat government?

This yojana went live in May of 2020. The goal of launching this yojana is to assist the poor or small-scale persons affected by the COVID-19 pandemic.