Vehicle Subsidy Scheme In Karnataka Apply Online 2023

3 lakh subsidy for buying a vehicle, apply online | Vehicle Subsidy Scheme In Karnataka Apply Online

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 SchemeSwavalambi Sarathi Yojana
Amount of Subsidy50% of the vehicle’s value or a maximum of Rs. 3 lakhs
Applicant Age18 to 55 years
Name of CorporationKarnataka Minority Development Corporation Pvt

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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. Online Application Link:

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Important Dates:

  • Last Date of Application Submission: 25-09-2023

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