Micro Credit Finance under NSKFDC- Haryana
Under this scheme, loan is provided to Safai Karamchari and their dependents for projects with a maximum cost up to ₹1,00,000/- per beneficiaries for small and petty trade/business and various income generating activities.
About This Scheme
Benefits
Project Cost Ceiling:
₹1.0 L
The Corporation (HSFDC), in collaboration with NSKFDC, provides loans of up to ₹1,00,000/- per beneficiary for small and petty trade/business and various self-employment income-generating activities.
Margin Money:
The Corporation provides margin money @ 10% of the project cost.
Subsidy:
₹10.0K
The corporation provides a subsidy @ 50% of the total project cost (Maximum subsidy amount is ₹10,000/-).
Note: The subsidy is only provided to the beneficiary below the poverty line.
> Interest criteria for the loan amount recoverable by HSFDC:
Upto Amount (₹)Interest % P.A.Penal Interest % P.A.1,00,000/-54
Interest Starts onPenalty Start AfterPrincipal Recovery Starts AfterInstallment Starts AfterInstallment PeriodSame Day30 Days120 Days120 Days 30 Days
Eligibility
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Required Documents
- ✦Aadhaar Card
- ✦Ration Card
- ✦Safai Karamchari or dependent of Safai Karamchari Certificate issued by the competent authority
- ✦Any other documents as required
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹1.0 L
