Scheduled Castes families may be availed loan assistance to start small and petty business individually. Total assistance up to Rs. 140000/- is provided by the Corporation directly in collaboration with NSFDC.

Eligibility Criteria

Member of Scheduled Caste Family who is Bonafide Resident of Himachal Pradesh.

Annual Income Limit:- Rural Areas : Rs.300000/- Urban Areas : Rs.300000/-

Age : 18 to 55 years.

Applicant should not be defaulter of any financial institution/bank.

Means of Finance

 PROMOTER SHARE : Rs. 15000/- OR 10% OF TOTAL LOAN

 NSFDC Term Loan : Rs.125000/- OR 90% OF TOTAL LOAN
 Total Rs.140000/-

Interest Rate

 6.5 %

Repayment Period

 Within 3 Years