Mukhyamatri Rojgaar Srijan Yojana
The Mukhyamantri Rojgaar Srijan Yojana aims to promote self-employment and entrepreneurship among Scheduled Tribes (ST), Scheduled Castes (SC), Minorities, Backward Classes, and Persons with Disabilities (PwDs) by providing subsidized loans and financial assistance.
About This Scheme
Benefits
Subsidized Loan for Self-Employment:
₹5.0 L
40% subsidy on loans or a maximum of ₹5,00,000/-, whichever is lower.
EMI will be calculated on the remaining loan amount after deducting the subsidy.
Loan Guarantee Facility:
₹50.0K
Loans up to ₹50,000/- do not require a guarantor.
₹50.0K
For loans above ₹50,000/-, a guarantor or collateral (movable/immovable property) is required.
Low Interest Rate:
Loans are provided at an interest rate of 6%.
Entrepreneurship Development Training:
Beneficiaries will receive training before starting their business ventures.
₹50.0K
NOTE: For loans above ₹50,001/-, the applicant must deposit 10% of the loan amount as margin money.
Eligibility
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Required Documents
- ✦Applicant’s Photograph.
- ✦Residential Certificate (issued online).
- ✦Caste Certificate (issued online).
- ✦Income Certificate (issued online).
- ✦Copy of Applicant's Aadhaar and PAN Card.
- ✦Copy of the First Page of Bank Passbook.
- ✦Copy of Scheme Proposal (for loans above ₹50,000, except vehicle loans).
- ✦Due Diligence Report (for business loans of ₹10 lakhs or more).
- ✦Copy of Training Certificate (if available).
- ✦Self-Declaration Form (on stamp paper in the given format).
- ✦Signed Copy of Guarantor Certificate (for loans above ₹50,000, except vehicle loans).
- ✦Copy of Guarantor's Aadhaar and PAN Card.
- ✦Certified Copy of Guarantor’s Salary Slip or IT Return.
- ✦Disability Certificate (If applicable).
✦ Required ◦ Optional
How to Apply
Interested candidates visit the official website Mukhyamantri Rojgaar Srijan Yojana – Jharkhand Click on “ Registration ” and fill Aadhaar Number, Date of Birth, Mobile Number, and Email ID. After successfully registering. Enter Mobile Number, Password the last 8 digits of Aadhaar Card Click on “Login”, after that fill the application form basic detail, address Upload profile photo and signature and required documents Click on “Submit” and you will get the application id and take a print.
Quick Info
- Level
- Central Government
- Max benefit
- ₹5.0 L