Direct Loan Scheme Karnataka
in Karnataka
Last updated:
Direct Loan Scheme Karnataka in Karnataka
Direct Loan Scheme Karnataka is a government scheme available to eligible residents of Karnataka.
Apply for Direct Loan Scheme Karnataka in Karnataka
Scheme Overview
The "Direct Loan Scheme" offers financial assistance to unemployed scheduled caste individuals from the leather artisan community to start small businesses.
Eligibility Criteria
The applicant should be leather artisans.
The applicant should belongs to sub-castes Arundathiyar, Chammadiya, Chamar, Chambar, Chamagar, Madar, Madig, Madiga, Mini Madig, Jambavalu, Haralayya, Machigar, Mochigar, Mochi, muchi, Telugu Mochi, kamaati mocha, Rohidas, Dhor, kakkayya, Kankayya, Samagara, Samagar, Aadhi Anddra, Aadhi Dravida, Aadhi Karnataka among scheduled castes.
The age of the applicant should be 18 years.
The applicant's annual family income should not exceed ₹30,000/- in rural areas and ₹25,000/- in urban areas.
The applicant or their family members must not have received benefits from other schemes, except training programs.
The applicant's family members should not be employed in government or semi-government organizations.
Benefits
Financial assistance with a 50% subsidy and 50% loan.
Total unit cost is ₹1,00,000/-.
Loan repayment in 24 equal installments with a 4% interest rate.
Required Documents
| # | Document |
|---|---|
| 1 | Aadhaar Card. |
| 2 | Caste Certificate with RD number. |
| 3 | Annual Income Certificate. |
| 4 | Ration Card. |
| 5 | Passport-size Photograph of the applicant and his/her spouse. |
| 6 | Bank Passbook. |
| 7 | Detailed Project Report. |
| 8 | Profession Certificate/Skill Test Certificate (issued by the Technical section committee of the Corporation). |
| 9 | Loan Documents. |
How to Apply in Karnataka
Step-01: Visit the official Seva Sindhu Portal. Step-02: Choose "New Users Register Here" and fill in your Aadhaar Number and the Captcha code. Step-03: An OTP will be sent to your Aadhaar-linked mobile number. Enter the OTP to continue. Step-04: …
Online Step-01: Visit the official Seva Sindhu Portal. Step-02: Choose "New Users Register Here" and fill in your Aadhaar Number and the Captcha code. Step-03: An OTP will be sent to your Aadhaar-linked mobile number. Enter the OTP to continue. Step-04: Once your DigiLocker account is created, click "Allow" to proceed. Step-05: Fill out your email ID, mobile number, create a password, and enter the captcha, then click "Submit". Step-06: You will receive OTPs on both your email and mobile number. Enter both OTPs and select "Validate". Step-07: Once validated, a confirmation message will indicate your registration is successful. Step-01: Go to Seva Sindhu Portal and select "Department & Services". Step-02: Select department "Social Welfare Department" and click on the scheme "Direct Loan Scheme" Step-03: Click "Apply Online" and enter your registered email ID/mobile number and the OTP. Step-04: Select the scheme and provide your personal, address, and banking details as required. Step-05: Once submitted, you will receive an Application ID. You can use this ID to track your application status on the portal.
Common questions in Karnataka
Who can apply for Direct Loan Scheme Karnataka in Karnataka?
Eligible residents of Karnataka who meet the scheme’s overall criteria can apply for Direct Loan Scheme Karnataka. Refer to the eligibility section above for the complete checklist.
What documents are required for Direct Loan Scheme Karnataka in Karnataka?
Applicants in Karnataka typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
It is a scheme offering financial assistance to leather artisans with [?]50,000 as a loan and [?]50,000 as a subsidy for starting small businesses.