Banking Active

Micro Finance Scheme- Credit Line 2 for Minority Community

Welfare of Scheduled Caste & Backward Classes Department

Last updated:

Overview

The scheme is implemented by the Haryana Backward Classes &d Economically Weaker Sections Kalyan Nigam. Under the scheme, small loans of ₹1,50,000/- per beneficiary are provided to members of Self-Help Groups (SHGs), either directly or through the SHGs.

Visit Official Website

Details

Description
The scheme "Micro Finance Scheme- Credit Line 2 for Minority Community" is implemented by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam to fulfill the requirement of small loans for the poor. Under the scheme, small loans of ₹1,50,000/- per beneficiary are provided to members of Self-Help Groups SHGs , either directly or through the SHGs. Applicants must be permanent residents of Haryana and belong to minority communities such as Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains.

Benefits
• This scheme provides small loans of ₹1,50,000/- per beneficiary to the members of Self-Help Groups (SHGs), either directly or through the SHGs.

Eligibility Criteria
1. The applicant should be a permanent resident of Haryana.
2. The age of the applicant should be between 18 and 55 years.
3. The annual family income of the applicant should be between ₹98,001/- to ₹8,00,000/- (Rural Area) and ₹1,20,001/- to ₹8,00,000/- (Urban Area).
4. The applicant should belong to a minority community, i.e., Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains.
5. In an SHG 75% of members can be from Minority Communities and the remaining 25% members may be from other weaker sections like SC/Handicapped/Minorities etc. in very exceptional cases, groups with up to 60% members belonging to Minority Communities will also be eligible.
6. The applicant should have a Parivar Pehchan Patra (PPP ID).

Required Documents
• Identity/Citizenship proof i.e. Aadhaar Card
• Proof of age
• Resident Proof/Address Proof/Ownership Proof i.e. Haryana Domicile Certificate
• Caste/Religion/Community Proof
• Parivar Pehchan Patra (PPP ID)
• Copy of PAN Card
• Passport-size photograph of the applicant
• Bank account details
• Any other documents as required

Frequently Asked Questions
Q: Who can apply for this scheme?
A: Permanent residents of Haryana belonging to minority communities such as Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains can apply.

Q: What is the loan amount provided under this scheme?
A: The scheme provides small loans of [?]1,50,000/- per beneficiary.

Q: What are the age criteria for applicants?
A: Applicants should be between 18 and 55 years old.

Q: What should be the annual family income of the applicant?
A: For rural areas, the annual family income should be between [?]98,001/- to [?]8,00,000/-. For urban areas, it should be between [?]1,20,001/- to [?]8,00,000/-.

Q: How many members of an SHG need to belong to minority communities?
A: At least 75% of SHG members should be from minority communities. In exceptional cases, groups with up to 60% minority members are also eligible.

Q: How can one apply for the scheme?
A: Eligible applicants can apply online through the Antyodaya-SARAL Portal at https://saralharyana.gov.in/

Q: Is there any offline application process available?
A: No, the application process is online through the Antyodaya-SARAL Portal.

Q: How can applicants track their application status?
A: Applicants can track their applications by entering the Department Name, Scheme Name, and Application Reference ID on the Antyodaya-SARAL Portal at Track Application. https://status.saralharyana.nic.in/

Eligibility Criteria

1

The applicant should be a permanent resident of Haryana.

2

The age of the applicant should be between 18 and 55 years.

3

The annual family income of the applicant should be between ₹98,001/- to ₹8,00,000/- (Rural Area) and ₹1,20,001/- to ₹8,00,000/- (Urban Area).

4

The applicant should belong to a minority community, i.e., Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains.

5

In an SHG 75% of members can be from Minority Communities and the remaining 25% members may be from other weaker sections like SC/Handicapped/Minorities etc. in very exceptional cases, groups with up to 60% members belonging to Minority Communities will also be eligible.

6

The applicant should have a Parivar Pehchan Patra (PPP ID).

Benefits

This scheme provides small loans of ₹1,50,000/- per beneficiary to the members of Self-Help Groups (SHGs), either directly or through the SHGs.

Required Documents

# Document
1 Identity/Citizenship proof i.e. Aadhaar Card
2 Proof of age
3 Resident Proof/Address Proof/Ownership Proof i.e. Haryana Domicile Certificate
4 Caste/Religion/Community Proof
5 Parivar Pehchan Patra (PPP ID)
6 Copy of PAN Card
7 Passport-size photograph of the applicant
8 Bank account details
9 Any other documents as required

Frequently Asked Questions

Permanent residents of Haryana belonging to minority communities such as Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains can apply.

Sources and references

Related Schemes

Amended Technology Upgradation Fund
Banking · All India
Atal Beemit Vyakti Kalyan Yojana
Banking · All India
Atal Pension Yojana
Banking · All India
Education Loan Scheme (NSFDC)
Banking · All India
Education Loan Scheme of NMDFC
Banking · All India
Financial Assistance as Interest Subsidy on Home Loan
Banking · All India
Group Insurance Scheme for Powerloom Weavers
Banking · All India
Group Personal Accident Insurance Scheme For Coir Workers
Banking · All India
Indira Gandhi National Disability Pension Scheme
Banking · All India
International Cooperation Scheme- Market Development Assistance
Banking · All India
Jute Raw Material Bank Scheme
Banking · All India
Kera Suraksha Insurance Scheme
Banking · All India
Khadi Karigar Janashree Bima Yojana
Banking · All India
Kisan Vikas Patra Scheme
Banking · All India
Loan based Scheme for Pay and Use Community Toilets
Banking · All India
Mahila Samman Savings Certificate
Banking · All India
Micro Credit Finance (NSFDC)
Banking · All India
Micro Finance Scheme of NMDFC
Banking · All India
Mission Solar Charkha
Banking · All India
NBCFDC General Loan Scheme
Banking · All India
NPS Vatsalya Scheme
Banking · All India
National Handloom Development Programme: Concessional Credit/Weaver MUDRA Scheme
Banking · All India
National Pension Scheme For Traders And Self Employed Persons
Banking · All India
National Savings Certificates (VIII-Issue) Scheme
Banking · All India
New Swarnima Scheme For Women
Banking · All India
Post Office Monthly Income Scheme
Banking · All India
Pradhan Mantri Jan Dhan Yojana
Banking · All India
Pradhan Mantri Jeevan Jyoti Bima Yojana
Banking · All India
Pradhan Mantri Mudra Yojana
Banking · All India
Pradhan Mantri Suraksha Bima Yojana
Banking · All India