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Prime Minister E-Rickshaw Yojana Online Apply 2024 – Pradhan Mantri E-Rickshaws Yojana Application Form

The central and state governments are making continuous efforts to reduce unemployment, for which various plans and campaigns are being implemented to provide employment opportunities to unemployed individuals. In this regard, the central government has initiated the Prime Minister e-Rickshaw Scheme for unemployed youth. Through this scheme, a subsidy of 50,000 rupees will be provided to unemployed youth for purchasing auto-rickshaws. This will enable young individuals to easily establish their own livelihood by acquiring auto-rickshaws. Let’s explore important information related to the Pradhan Mantri E-Rickshaw Yojana and learn how you can apply for this scheme to avail its benefits. Read this article till the end to obtain all the necessary details.

PM E-Rickshaws Yojana 2024 Overview

The Prime Minister E-Rickshaw Scheme has been launched by the central government for unemployed youth in the country. Through this scheme, financial assistance of 50,000 rupees will be provided to young individuals to purchase rickshaws. Additionally, the scheme offers the benefit of loan facilities through banks. The PM e Rickshaw Scheme is being promoted in various states across the country, aiming to involve more people in the program. By means of the Pradhan Mantri e Rickshaw Yojana, efforts can be made to reduce sound and air pollution, contributing to a cleaner environment. Under the Prime Minister e-Rickshaw Scheme, you can apply by submitting the application form and avail the benefits, making it an effective initiative to improve the living standards of young individuals.

PM E-Rickshaws Yojana 2024 Details

Scheme NamePradhan Mantri e Rickshaw Yojana
Objective of the SchemeSubsidy on Auto E-Rickshaws
Implementing AuthorityGovernment of India
Beneficiaries of the SchemeUnemployed individuals from the economically disadvantaged section
Subsidy Amount: Rs. 50,000.00/- (INR)
Year2023

Benefits and Features of Pradhan Mantri E-Rickshaw Yojana

The Government of India has introduced the Prime Minister e Rickshaw Scheme for the unemployed youth of the country.
Through this scheme, financial assistance of 50,000 rupees will be provided to young individuals for the purchase of rickshaws.
Additionally, the scheme offers the benefit of loan facilities through banks.
The scheme is being promoted in various states across the country.
Through Pradhan Mantri e-Rickshaw Yojana, efforts can be made to reduce sound and air pollution.
Under the e-Rickshaw Scheme, you can apply by submitting the application form to avail its benefits.

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Eligibility Criteria for Pradhan Mantri e-Rickshaw Yojana

  1. The applicant must be a resident citizen of India to qualify for the Pradhan Mantri e-Rickshaw scheme.
  2. For the Pradhan Mantri e-Rickshaw Yojana, the age of the applicant should be between 18 and 50 years.
  3. Additionally, the individual should be registered under the Security Mandal.
  4. Registration with the Regional Transport Office (RTO) as a commercial vehicle driver and possession of a health certificate are mandatory.
  5. The candidate’s annual income should not exceed 1 lakh rupees to be eligible for the scheme.

Necessary Documents for PM E-Rickshaw Yojana

  1. Applicant’s Aadhar card
  2. Applicant’s PAN card
  3. Residence certificate
  4. Caste certificate
  5. Photocopy of the bank passbook
  6. Passport-sized photo
  7. Applicant’s mobile number

How to Apply for Pradhan Mantri E-Rickshaw Yojana:

To apply for this scheme, you need to visit the labor department office first.

Afterward, you need to obtain the application form for this scheme from the office.

Now, accurately fill in all the information provided in this form.

Then, you must attach the necessary documents along with the application form.

Next, submit this form along with the required documents to the same department.

Afterwards, officials will scrutinize your application form.

Once the verification is complete, you will be entitled to the benefits of this scheme.

How much loan subsidy is available for e-rickshaws Yojana

For those interested in acquiring an e-rickshaw, it should be noted that information from Indian banks indicates that citizens can obtain up to 10% to 15% of the total amount by depositing the required percentage. Under this scheme, the government can waive the amount up to 50,000 rupees. Any remaining amount provided by the bank as a loan will be subject to quarterly or semi-annual interest payments, as stipulated by the bank.

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