Trade and Business Sector Scheme (HSFDC)
Under this scheme, the Corporation provides loans/benefits to individuals from BPL families, whose annual family income does not exceed ₹1,80,000/-, in both rural & urban areas for various self-employment income-generating activities such as running a stationery shop, kiryana shop, cloth shop, etc.
About This Scheme
Benefits
Project Cost Ceiling:
₹1.5 L
Up to ₹1,50,000/-.
Subsidy:
₹10.0K
Subsidy @ 50% of the total project cost (Maximum amount of subsidy is ₹10,000/-)
Margin Money:
The Corporation provides margin money @ 10% of the project cost.
Margin money is provided @ 4% interest per annum.
The interest on bank loans is charged by the banks at their lending policies.
Bank Loan:
Upto Amount (₹)Interest % P.A.Penal Interest % P.A.15,000/- 4 4
Besides subsidy and margin money, the composite loan i.e. subsidy and margin money, and the balance amount of the bank loan is provided by the banks to the seller of the assets on behalf of the beneficiaries.
> Interest criteria for the loan amount recoverable by HSFDC:
Interest Starts onPenalty Start AfterPrincipal Recovery Starts AfterInstallment Starts AfterInstallment PeriodSame Day 180 Days 360 Days 180 Days 180 Days
Eligibility
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Required Documents
- ✦Aadhaar Card
- ✦Passport-size photograph
- ✦Ration Card
- ✦Voter Card or any valid identity proof
- ✦Scheduled Caste Certificate
- ✦BPL Card/document proof
- ✦Proof of income
- ✦Any other documents as required
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹1.5 L