The Full Form of SPRTO is Scheme for Advances to Small Road Transport Operators.

SCHEME FOR ADVANCES TO SMALL ROAD TRANSPORT OPERATORS To assist transport operators (existing as well as new entrants) and to create Employment Opportunities for the borrowers.

ELIGIBILITY:
1. An individual or an association desirous of owning transport vehicle(s), for carrying passengers or
goods on hire.
2. The borrower (s) hold the necessary driving license or engage driver (s) possessing valid license
to operate the type of vehicle for which credit is sought.
3. The borrower (s) should have been granted a permit by an appropriate authority to ply vehicle (s)
for passengers or goods traffic for hire.
4. The borrower(s) should be well experienced and have the aptitude in the profession.
5. Transport operators owning one or more trucks/buses are also eligible.