Green Business Scheme

Description
The Green Business Scheme has been launched by the National Safai Karamcharis Finance and Development Corporation NSFDC to provide financial assistance in the form of loans for activities that can tackle the impacts of climate change and also be income-generating. The income-generating activities that could mitigate the Green House effect or could be classified under adaptation initiatives, would be covered under the scheme. Indicative schemes Battery electric vehicle E-rickshaw , Compressed air vehicle, Solar energy gadgets, Poly houses. Quantum of loan 90% of the Unit cost with a maximum of Rs. 2 lac. Quantum of loan shall, however, be reduced to the extent of the amount of subsidy available, if any. Promoters’ contribution 10% of the unit cost

Benefits
• Quantum of Assistance
• National Safai Karamcharis Finance and Development Corporation (NSFDC) would provide need-based loans under the scheme as permissible under the NSFDC Term Loan Lending Policy, promoter contribution, and after taking into consideration the margin money being provided by Special Central Assistance (SCA), subsidies provided by other government agencies, and subsidies provided to below poverty line (BPL) beneficiaries under the Central-Sector Scheme of Special Central Assistance to the Special Component Plan, to the extent of ₹ 10,000/- or 50% of the unit cost, whichever is less.
• Interest Rates
• *(1% Rebate from NSKFDC share of interest in case of Female Beneficiaries.)

Eligibility Criteria
1. Safai Karamcharis, Scavengers, and their Dependents are eligible for the scheme.

Application Process
Step 1: The beneficiaries submit the loan applications to the District Offices of State Channelizing Agencies (SCAs) of NSKFDC, Branches of Regional Rural Banks (RRBs), and Nationalized Banks. The District Offices of SCAs/Branches of RRBs/Nationalised Ban…
Offline

The beneficiaries submit the loan applications to the District Offices of State Channelizing Agencies (SCAs) of NSKFDC, Branches of Regional Rural Banks (RRBs), and Nationalized Banks. The District Offices of SCAs/Branches of RRBs/Nationalised Banks send these applications after scrutiny to their Head Offices. The viability of the project proposals is being appraised by the SCAs/ RRBs/Nationalised Banks and the viable projects are sent to NSKFDC along with their recommendations.

Step 2: Step 1: Visit to official website.
Online
Step 1: Visit to official website.

Step 3: Step 2: Click on How to Apply. Tap on the Loan application form.
Online
Step 2: Click on How to Apply. Tap on the Loan application form.

Step 4: Step 3: Click on Loan application form.
Online
Step 3: Click on Loan application form.

Step 5: Step 4: Fill in all the details and tap on save to save the application form.
Online
Step 4: Fill in all the details and tap on save to save the application form.

Required Documents
• Aadhaar Card
• Driving License
• Bank Details
• Caste Certificate
• Income Certificate
• Domicile Certificate

Frequently Asked Questions
Q: What is the interest rate offered by the scheme?
A: The interest rate offered by Green Business Scheme is as low as 2% per annum, only for people falling under Scheduled Castes.

Q: What is the loan amount offered under the scheme?
A: The maximum loan amount offered is up to Rs. 30 lakh.

Q: What is the repayment tenure of the laon amount?
A: The repayment tenure of the loan amount is 10 years, including a 6-month moratorium period.

Q: What are the activities for which a loan under the scheme are provided?
A: 1. Battery-electric vehicle (E-rickshaw)
2. Compressed air vehicle
3. Solar energy gadgets
4. Poly houses

Q: What is the purpose to avail the loan amount?
A: For purchasing electric and compressed air vehicles, polyhouses, and solar energy products.