Buy a taxi or commercial vehicle using the Dr. Bhimrao Ambedkar (BRUPY) scheme: 90% loan, 9% interest subsidy, up to 25% margin money for SC/ST entrepreneurs. Worked ₹ example.
When an SC or ST entrepreneur starts a taxi, cab, tempo, or goods-carrier business, the vehicle loan is the project. As a service enterprise, the BRUPY structure gives:
| Head | Calculation | Amount |
|---|---|---|
| On-road vehicle cost (project) | sedan / SUV taxi | ₹12,00,000 |
| Own contribution (service @10%) | 10% of ₹12L | ₹1,20,000 |
| Bank loan (90%) | 90% of ₹12L | ₹10,80,000 |
| Margin-money subsidy | 25% of project (cap applies) | up to ₹3,00,000 |
| Interest subsidy | 9% p.a. on ₹10.8L, ~5 yrs | ₹~2,70,000 (approx) |
| Effective support on a ₹12L taxi | ₹5.7 lakh+ | |
The entrepreneur drives away a commercial taxi by putting in roughly ₹1.2 lakh, with margin money and interest subsidy covering a large part of the rest. A ₹25 lakh project (e.g. two vehicles / a premium SUV fleet start) follows the same 9%/25% logic.
Passenger and goods transport is one of the most common entry businesses for SC/ST first-generation entrepreneurs in Rajasthan — it needs no shop, no inventory and generates daily cash flow. BRUPY was designed exactly so that this route does not stay stuck at informal, high-interest financing. By cutting the effective interest by 9% and putting up to 25% of the cost as margin money, the scheme turns a single taxi into a viable owned asset, and a successful operator can expand to a small fleet (up to the ₹5 crore / 7% slab).
EaseValue prepares the project file and files it with the DICC so the interest subsidy and margin money are correctly sanctioned. Related: full BRUPY scheme guide · VYUPY for youth (alternative for under-45).
Yes. A taxi/cab business is a service enterprise under BRUPY — the vehicle loan gets up to 90% financing, 9% interest subsidy (loan up to ₹25 lakh) and up to 25% margin money for eligible SC/ST entrepreneurs.
For a service enterprise the minimum own contribution is 10%. On a ₹12 lakh taxi that is roughly ₹1.2 lakh, with margin money and interest subsidy covering a large part of the rest.
Yes — a larger fleet can be financed; loans up to ₹5 crore attract a 7% interest subsidy under BRUPY.
CA Nikhil Gupta will personally review your project and map every eligible Rajasthan & central subsidy — free assessment, no upfront fee.
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