BRUPY 2022 · Vehicle / Taxi

BRUPY for Taxi & Commercial Vehicle Purchase

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.

A very common question: "Can I buy a taxi or commercial vehicle using the Dr. Bhimrao Ambedkar (BRUPY) scheme?" The answer is yes — a passenger-transport or goods-transport business is a service enterprise, and a commercial vehicle bought to run that business is the core income-generating asset financed under BRUPY.

How BRUPY applies to a taxi / cab business

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:

Worked example – SC/ST entrepreneur buys a taxi (₹12 lakh)

HeadCalculationAmount
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 subsidy25% of project (cap applies)up to ₹3,00,000
Interest subsidy9% 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.

Why this matters for the community

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).

Documents to claim BRUPY for a vehicle

  1. SC/ST caste certificate.
  2. Udyam Registration (the transport business is registered as an MSME service unit).
  3. Vehicle quotation / proforma invoice (project cost proof).
  4. Bank loan sanction for the vehicle.
  5. Commercial registration / permit of the vehicle.

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).

Frequently asked questions

Can I buy a taxi with the Dr. Bhimrao Ambedkar scheme?

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.

How much do I need to pay myself for a taxi under BRUPY?

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.

Can I buy more than one vehicle?

Yes — a larger fleet can be financed; loans up to ₹5 crore attract a 7% interest subsidy under BRUPY.

Find Out Exactly How Much Your Business Can Claim

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