Central GovernmentVerified
Micro Credit Finance
Under the Micro Credit Finance Scheme, beneficiaries from the Charmkar Community receive financial assistance of up to ₹50,000 at an interest rate of 5% per annum. This assistance includes a subsidy of ₹10,000, with the remaining amount provided as a loan.
Last verifiedToday
About This Scheme
The "Micro Credit Finance" scheme, implemented by the Department of Social Justice & Special Assistance of the Government of Maharashtra and funded by the National Scheduled Castes Finance and Development Corporation (NSFDC), aims to uplift the lifestyle of economically disadvantaged Charmakars (Dhor, Chambhar, Holar, Mochi, etc.) who are below the poverty line. This initiative focuses on developing their educational, economic, and social standing, enabling them to secure a respectable place in society while promoting the production of various footwear and leather articles for government supply and open market sales.
Benefits
₹25.0K
Financial support ranging from ₹25,000 to ₹50,000 to invest in income-generating activities.
A low interest rate of 5% per annum, making it easier to repay the loan.
₹10.0K
₹10,000 provided as a subsidy to reduce the financial burden.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
- •
- •
- •
- •
- •
- •
- •
- •
Required Documents
- ✦Passport-size photograph
- ✦Aadhaar Card
- ✦Income certificate
- ✦Caste certificate
- ✦Residence proof
- ✦Bank passbook/bank details
- ✦Any other documents as required
✦ Required ◦ Optional
How to Apply
IIn-person
Quick Info
- Level
- Central Government
- Max benefit
- ₹25.0K