4 lakh subsidy for buying a vehicle, apply online | Vehicle Subsidy Scheme In Karnataka Apply Online @kmdconline.karnataka.gov.in
Hello everyone, are you a driver..? Do you need government subsidy (Vehicle Subsidy Scheme In Karnataka) to buy auto rickshaw, taxi, goods vehicle? If so we have given you complete information here. Read this article and get a government grant to make your career successful.
50% of the value of the vehicle or a maximum of Rs. 3,00,000 will be given as subsidy. A bank letter has to be submitted regarding obtaining a bank loan for the remaining amount of the vehicle.
Vehicle Subsidy Scheme In Karnataka
Name of the Scheme | Swavalambi Sarathi Yojana |
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Amount of Subsidy | 50% of the vehicle’s value or a maximum of Rs. 3 lakhs |
Applicant Age | 18 to 55 years |
Name of Corporation | Karnataka Minority Development Corporation Pvt |
Vehicle Subsidy Scheme In Karnataka Eligibility:
- The applicant must belong to a religious minority in the state of Karnataka.
- Applicant must be a permanent resident of Karnataka.
- Applicants should be between 18 to 55 years of age.
- Annual family income is Rs. Should be less than 4,50,000/-. (from all sources)
- Applicants must possess Driving License issued by Regional Transport Officer (RTO).
- No member of the applicant’s family should be a Central or State Government employee.
- Applicant or his or her family members should not have availed loan facilities under any other scheme (other than awareness scheme) of Government or Corporation in last 05 years.
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Vehicle Subsidy Scheme In Karnataka Documents:
- Caste Certificate issued by competent authority
- Income Certificate issued by Competent Authority
- Copy of Aadhaar Card (Proof of Residence)
- Driving license copy
- Copy of Bank Pass Book
- Estimated price list of the vehicle
- Self declaration letter
- 2 recent passport size photographs of the beneficiary
- Confirmation letter from District Manager that applicant and family members have not availed loan facility under any scheme of State Government for purchase of vehicle
- Affidavit of non-encumberance of the vehicle obtained under this scheme
Selection Committee:
- District Collectors concerned- Chairman
- Zilla Panchayat Chief Executive Officer- Vice President
- Manager – Member of the Lead Bank of the concerned district
- Concerned District Regional Transport Officer -Members
- District Officer, Minority Welfare Department of the concerned district- Members
- District Manager- Member Secretary of CA Corporation of the concerned district
How to apply?
Eligible candidates can apply online along with required documents, application link is given below.
kmdc.karnataka.gov.in Online Application Link:
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Important Dates:
- Last Date of Application Submission: 25-09-2023