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Personal Interest Subsidy Scheme
The scheme aims to support rural entrepreneurs in setting up industries using local resources. Through this scheme, interest subsidy on bank-financed projects up to ₹5,00,000 is provided.
About This Scheme
Benefits
₹5.0 L
- The project is financed up to a maximum cost of ₹5,00,000 through bank support.
- The entrepreneur is required to bear 4% interest on the bank-financed amount.
- The Government bears up to 10% of the differential interest amount over and above what the entrepreneur pays.
Eligibility
- •
The applicant should be between 18 and 45 years of age.
- •
The applicant should be a permanent resident of Uttarakhand.
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The applicant should be an educated unemployed youth who is no longer eligible for government service due to the age limit. Or, the applicant should be trained by an Industrial Training Institute (ITI) or a Polytechnic.
- •
The applicant should be a woman interested in self-employment.
- •
The applicant should have passed Vocational Education (10+2 level) with Village Industries as a subject.
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The applicant should establish the project in a rural area.
Required Documents
- ✦Passport Size Photo
- ✦Permanent Residence Certificate
- ✦Photo Identity Proof
- ✦Address Proof
- ✦Caste Certificate
- ✦Project Report
- ✦Certificate Issued by Village Head (as per prescribed format)
- ✦Consent Letter from the Concerned Bank Branch
- ✦Educational or Technical Qualification Certificates
- ✦Affidavit on ₹20 Non-Judicial Stamp Paper
✦ Required ◦ Optional
How to Apply
Step 1: Visit the Official Website:
Go to the official website of the Uttarakhand State Khadi and Village Industries Board.
Step 2: Navigate to the Scheme Page:
From the homepage, click on the “Schemes” section in the menu and select “Personal Interest Subsidy Scheme”.
Step 3: Download the Forms:
Download the following forms from the scheme page:
- Application Form: Download Application Form (PDF)
- Claim Form: Download Claim Form (PDF)
Step 4: Fill and Submit the Forms
Fill in the required details in the Application Form and attach all necessary documents.
Submit the completed form along with documents to your District Village Industries Office.
Quick Info
- Level
- Central Government
- Max benefit
- ₹5.0 L
Available In
Categories
Data Sources
- https://www.myscheme.gov.in/schemes/pissuk ↗Accessed Today
- https://www.myscheme.gov.in/schemes/pissuk ↗Accessed 8 days ago
- https://www.myscheme.gov.in/schemes/pissuk ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/pissuk ↗Accessed 23 days ago
- https://www.myscheme.gov.in/schemes/pissuk ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/pissuk ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/pissuk ↗Accessed 1 months ago
