Central GovernmentVerified

Loan Based Schemes For Safai Karamchari - Sanitary Marts Scheme

Ministry: Ministry Of Social Justice and Empowerment

Department: Department of Social Justice & Empowerment

A sanitary mart is a one-stop-shop for all things for sanitation and hygiene. It is a shopping place where the sanitary needs of the common man could be met. It serves both as a shop and as a service centre.

Start date2 Oct 2014

Last verifiedToday

About This Scheme

The "Sanitary Marts Scheme" has been launched by the Ministry of Social Justice and Empowerment, Government of India and implemented by the National Safai Karamcharis Finance & Development Corporation. Under the scheme, financial assistance would be extended to individual beneficiaries/self-help groups of liberated manual scavengers/safai karamcharis and their dependents for the setting up of sanitary marts.

Benefits

> Financial Assistance

₹15.0 L · quarterly

Quantum of loan: 90% of the total cost with a maximum of ₹15,00,000/-.- Promoters’ Contribution: 10% of the total cost of a Sanitary Mart will be brought in by the beneficiaries- Interest: Interest payable by the beneficiaries shall not exceed 7% p.a. (1% p.a. rebate for women beneficiaries and 0.50% rebate for timely repayments.)- Repayment: Term loans drawn from NSKFDC will be required to be repaid upto 10 years in quarterly installments.- Moratorium: A moratorium period of 6 months in addition to the implementation period of 4 months will be allowed.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Aadhaar Card
✦
Occupation Certificate
✦
Certificate (issued by local Revenue Officers, Municipal Officers, Cantonment Executive Officers, Railway Officers, Gazetted Officers, elected municipal members, Gram Panchayat Pradhans, or Regional Managers of RRBs/Nationalised Banks)
✦
Any other documents as required

✦ Required ◦ Optional

How to Apply

IIn-person

The loan applications are submitted by the beneficiaries to the District Offices of State Channelizing Agencies (SCAs) of NSKFDC/ Branches of Regional Rural Banks(RRBs)/Nationalised Bank. The District Offices of SCAs/Branches of RRBs/Nationalised Banks send these applications after scrutiny to their Head Offices. The viability of the project proposals are being appraised by the SCAs/ RRBs/Nationalised Banks and the viable projects are sent to NSKFDC along with their recommendations. The said pro

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Quick Info

Level: Central Government
Max benefit: ₹15.0 L
Launched: 2 Oct 2014