LIDCOM 50% Subsidy Scheme
in Maharashtra
Last updated:
LIDCOM 50% Subsidy Scheme in Maharashtra
LIDCOM 50% Subsidy Scheme is a government scheme available to eligible residents of Maharashtra.
Apply for LIDCOM 50% Subsidy Scheme in Maharashtra
Scheme Overview
The "50% Subsidy Scheme" is a scheme by LIDCOM, Govt. of Maharashtra. In this scheme, 50% amount is being given as a subsidy on a maximum loan amount of ₹50,000/-. The subsidy is subject to the maximum limit of ₹10,000/-. The bank charge of interest is as per the existing rate.
Eligibility Criteria
The applicant should be a citizen of India.
The applicant should be a permanent resident of Maharashtra State.
The applicant should be in the 18 to 50 years age group.
The applicant should be from Charmakar Community only (Dhor, Chambhar, Holar, Mochi, etc.).
The annual income of the family of the applicant should be less than or equal to ₹1,00,000/-.
The applicant should have knowledge of the business for which he has applied for the loan.
Benefits
For a maximum loan amount of upto ₹50,000/-, 50% of the amount is given as a subsidy subject to the maximum limit of ₹10,000/-.
Required Documents
| # | Document |
|---|---|
| 1 | Aadhaar Card. |
| 2 | Proof of Age (Birth Certificate, Marksheet of Class 10th/12th, etc) |
| 3 | 2-Passport Sized Photograph (Signed Across) |
| 4 | Residential Certificate / Domicile Certificate of the State of Maharashtra. |
| 5 | Proofs related to the amount of loan. |
| 6 | Income Certificate issued by an Authorised Govt.Officer. |
| 7 | Caste Certificate issued by an Authorised Govt.Officer. |
| 8 | Details of the Bank Account (Bank Name, Branch Name, Address, IFSC, etc). |
| 9 | Any other document required by the District Office of LIDCOM |
How to Apply in Maharashtra
Step 1: Take the format of the application form from the District Office of LIDCOM.
Offline Step 1: Take the format of the application form from the District Office of LIDCOM.
Step 2: Fill in all the mandatory fields, paste the passport-sized photograph (signed across), and attach all the (self-attested) mandatory documents.
Offline Step 2: Fill in all the mandatory fields, paste the passport-sized photograph (signed across), and attach all the (self-attested) mandatory documents.
Step 3: Submit the duly filled and signed application form along with the documents to the District Office.
Offline Step 3: Submit the duly filled and signed application form along with the documents to the District Office.
Step 4: Acquire the receipt/acknowledgment of the successful submission of the application form from the District Office.
Offline Step 4: Acquire the receipt/acknowledgment of the successful submission of the application form from the District Office.
Common questions in Maharashtra
Who can apply for LIDCOM 50% Subsidy Scheme in Maharashtra?
Eligible residents of Maharashtra who meet the scheme’s overall criteria can apply for LIDCOM 50% Subsidy Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for LIDCOM 50% Subsidy Scheme in Maharashtra?
Applicants in Maharashtra typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
The subsidy is subject to the maximum limit of [?]10,000/-.