Term Loan under NSKFDC- Haryana
Under this scheme, loans are provided to Safai Karamcharis & their dependents for any viable income-generating activities with a maximum cost of up to ₹15,00,000/- per beneficiary. The beneficiary should be between 18 & 55 years of age and should be either Safai Karamchari or his/her dependent.
About This Scheme
Benefits
Project Cost Ceiling:
₹15.0 L
The Corporation (HSFDC), in collaboration with NSKFDC, provides loans of up to ₹15,00,000/- per beneficiary for various self-employment income-generating activities.
₹10.0K
The beneficiaries can avail loans ranging from ₹10,000 to ₹15,00,000/-.
Note: The income-generating activities include auto repair and spare parts shops, electrical goods workshops, leather footwear manufacturing units, beauty parlors, welding works, carpentry, photography, grocery shops, sanitary supply stores, ready-made garments, cyber cafes, band parties, tent houses, etc.
Margin Money:
The Corporation provides margin money @ 10% of the project cost.
Subsidy:
₹10.0K
The corporation provides a subsidy @ 50% of the total project cost (Maximum subsidy amount is ₹10,000/-).
Note: The subsidy is only provided to the beneficiary below the poverty line.
> Interest criteria for the loan amount recoverable by HSFDC:
Upto Amount (₹)Interest % P.A.Penal Interest % P.A.15,00,000/-64
Interest Starts onPenalty Start AfterPrincipal Recovery Starts AfterInstallment Starts AfterInstallment PeriodSame Day30 Days120 Days120 Days30 Days
Eligibility
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Required Documents
- ✦Aadhaar Card
- ✦Adequate Qualification and Experience Documents
- ✦Project Report (Above ₹1,00,000/-)
- ✦Ration Card
- ✦Safai Karamchari or Dependent of Safai Karamchari Certificate issued by competent authority
- ✦Two-year-old valid Driving Licence in case of vehicle loan
- ✦Any other documents as required
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹15.0 L