Under the Shrama Shakthi Loan scheme, religious minority community entrepreneurs will be trained in artistic and technical skills and will …
Self-Employment Scheme for Scheduled Castes and Tribes
The scheme aims to support scheduled castes and scheduled tribes families below the poverty line through concessional loans and subsidies for self-employment in various sectors.
About This Scheme
Benefits
₹20.0K
- Loan Amount: Project loans from ₹20,000/- to ₹7,00,000/- through nationalized banks.
- Subsidy: 50% of the project cost or up to ₹10,000/- as government subsidy.
- Margin Money: 25% of project cost provided at 4% annual interest.
Eligibility
- •
The applicant must belong to a Scheduled Castes and Tribes community.
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The applicant must be living below the poverty line.
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The applicant annual income must not exceed ₹15,975/- in rural areas and ₹21,206/- in urban areas.
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The applicant must not be a defaulter of any bank or financial institution.
- •
The applicant must not have availed any subsidy from any government scheme earlier.
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The applicant must possess a commercial driving license.
Required Documents
- ✦Passport-size Photograph.
- ✦BPL Card.
- ✦Caste Certificate (Issued by Tehsildar).
- ✦Income Certificate (Issued by Tehsildar/BDO).
- ✦Bank Details.
- ✦Any Other Document if Required.
✦ Required ◦ Optional
How to Apply
Step 1: The interested applicant downloads the application form 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 Village Development Officer/Assistant Social Welfare Officer/Block Development Officer.
Selection Process:
Rural Areas: Beneficiaries are selected through open meetings in Gram Sabha.
Urban Areas: Selection is done through interviews.
Quick Info
- Level
- Central Government
- Max benefit
- ₹20.0K
Available In
Data Sources
- https://www.myscheme.gov.in/schemes/sessct ↗Accessed Today
