The scheme aims to provide specialized education and skill development in food processing, canning, bakery, confectionery, and cookery to s…
Motor Vehicle Driver-Conductor Welfare Scheme- Chief Minister Self-Employment Scheme for Drivers/Conductors
This scheme aims to support self-employment for registered drivers and conductors by providing financial assistance for the purchase of vehicles to eligible beneficiaries.
About This Scheme
Benefits
₹20.0K · annual
Project Cost: ₹20,000 to ₹10,00,000
Margin Money Subsidy:
- General Category: 15 percent of project cost, up to ₹1,00,000 (Scheduled Caste, Scheduled Tribe, Other Backward Class (excluding creamy layer)
- Below Poverty Line, Women, Minority, and Persons with Disabilities: 30 percent of project cost, up to ₹2,00,000
- Interest Subsidy: 5 percent per annum, for up to 7 years, subject to a maximum of ₹25,000 per year
- Credit Guarantee Fee: Provided as per prevailing rates for up to 7 years
Non-Financial Benefits
- No collateral security required by banks
- Priority issuance of permits under the Rural Transport Scheme
Mode of Disbursement
- Subsidies are released through the concerned bank directly to the loan account of the beneficiary
Expected Time of Disbursement
- Loan applications are disposed of within 30 days
- Loan amount is disbursed within 15 days after approval
Validity
- The benefit can be availed of only once by an eligible beneficiary
Eligibility
- •
The applicant should be a permanent resident of Madhya Pradesh.
- •
The applicant should be a registered transport vehicle driver or conductor.
- •
The applicant should possess a valid commercial driving or conductor license issued in Madhya Pradesh.
- •
The applicant should be registered on the Samagra Portal.
- •
The applicant should be between 18 and 45 years of age.
- •
The applicant should have passed at least class 5th.1. The applicant should not be a defaulter of any nationalized bank, cooperative bank, or financial institution.
Required Documents
- ✦Passport-size Photograph
- ✦Samagra ID
- ✦Proof of Residence
- ✦Valid Commercial Driving License or Conductor License
- ✦Age Proof Document
- ✦Educational Qualification Certificate (Minimum Class 5, Self-Certified)
- ✦Caste Certificate (If Applicable)
- ✦Below Poverty Line Certificate (If Applicable)
- ✦Disability Certificate (If Applicable)
- ✦Bank Account Details
✦ Required ◦ Optional
How to Apply
Step 1: Visit the official website: samagra.gov.in.
Step 2: Click on the option “Register Family” or “Register Member”.
Step 3: Enter the Aadhaar number and other required information.
Step 4: Enter the OTP received on the registered mobile number.
Step 5: Carefully fill in all the required details and upload the necessary documents.
Step 6: Enter the captcha code and click on “Submit Application.”
Offline Samagra ID Registration Process:Step 1: Visit the nearest Lok Seva Kendra, MP Online Kiosk, or Common Service Center (CSC).
Step 2: Provide the required documents and necessary information to complete the registration process.
After Samagra Registration:Step 1: Step 1: The interested applicant downloads the application form (Page No. 9) from the official website.
Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents to the District or Regional Transport Office.
Quick Info
- Level
- Central Government
- Max benefit
- ₹20.0K
Available In
Data Sources
- https://www.myscheme.gov.in/schemes/mvdcws-cmsesdc ↗Accessed 7 days ago
- https://www.myscheme.gov.in/schemes/mvdcws-cmsesdc ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/mvdcws-cmsesdc ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/mvdcws-cmsesdc ↗Accessed 23 days ago
- https://www.myscheme.gov.in/schemes/mvdcws-cmsesdc ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/mvdcws-cmsesdc ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/mvdcws-cmsesdc ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/mvdcws-cmsesdc ↗Accessed 1 months ago
