Financial Assistance to Traditional Artisans (Panchavrutthi Scheme)
The "Financial Assistance to Traditional Artisans (Panchavrutthi Scheme)" provides financial assistance to traditional artisans of the Vishwakarma community in Karnataka. The scheme aims to help these artisans purchase modern tools & upgrade their technological skills to enhance their trade.
About This Scheme
Benefits
₹80.0K · annual
- Loan Amount: Up to ₹80,000/- at an interest rate of 4% per annum.
- Subsidy Amount: Up to ₹20,000/-.
- Total Assistance: ₹1,00,000/- (Loan + Subsidy).
- Repayment Period: The loan is repayable in 34 equal installments over three years, with a grace period of 2 months.
Eligibility
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Required Documents
- ✦Passport-size Photograph.
- ✦Aadhaar Card.
- ✦Ration Card.
- ✦Income Certificate (issued by Tahsildar).
- ✦Bank Passbook (Nationalized/Rural Bank with Aadhaar linking).
- ✦Caste Certificate.
✦ Required ◦ Optional
How to Apply
Step 1: The interested applicant should visit (during office hours) the Karnataka Vishwakarma Communities Development Corporation and request a hard copy of the prescribed format of the application form from the staff exclusively entrusted to issue and collect filled-in applications.
OR
The applicant downloads the application form from the official website.
Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents to the District Manager.
Step 4: Request a receipt or acknowledgment from the District Manager to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).
Quick Info
- Level
- Central Government
- Max benefit
- ₹80.0K