Central GovernmentVerified

Self-Employment Scheme for Unemployed Minority Communities

The scheme aims to provide a grant of 25% of the loan amount (for loans ranging from ₹1 lakh to ₹10 lakh) to individuals belonging to minority communities, who are permanent residents of Uttarakhand, for the purpose of self-employment.

Last verifiedToday

Official Source ↗

About This Scheme

The scheme “Self-Employment Scheme for Unemployed Minority Communities” was launched by the Minority Welfare Department, Government of Uttarakhand. The scheme aims to provide a grant of 25% of the loan amount to individuals belonging to minority communities who are permanent residents of Uttarakhand. The grant is available when a loan of ₹1 lakh to ₹10 lakh is taken for starting self-employment activities.

Benefits

₹1.0 L

Under this scheme, a grant is provided for self-employment. On taking a loan of ₹1 lakh to ₹10 lakh, a grant of 25% of the loan amount is given, with a minimum grant of ₹25,000/- and a maximum of ₹2,50,000/-.

The benefit of the scheme is available only on taking a loan, in which 60% of the project cost is provided as a loan, 25% as grant/subsidy by the department, and 15% as contribution by the applicant.

Interest on the loan will be charged according to the current prevailing rates of the bank.

Eligibility

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

Required Documents

✦
Income certificate / BPL certificate
✦
Caste certificate
✦
Permanent residence certificate
✦
Aadhaar card
✦
Bank account details
✦
A project report for the proposed scheme

✦ Required ◦ Optional

How to Apply

IIn-person

Quick Info

Level: Central Government
Max benefit: ₹1.0 L