State-Specific Information

Schemes Of HP Minorities Finance & Development Corporation

in Himachal Pradesh

Last updated:

Key dates and updates (Himachal Pradesh)

Nationwide and Himachal Pradesh-specific milestones. Verify on the official portal before you apply.

Milestone Date
Scheme launch

Schemes Of HP Minorities Finance & Development Corporation in Himachal Pradesh

Schemes Of HP Minorities Finance & Development Corporation is a government scheme available to eligible residents of Himachal Pradesh.

Apply for Schemes Of HP Minorities Finance & Development Corporation in Himachal Pradesh

Scheme Overview

Social, educational and economic upliftment of the minority class people living below the poverty line of the state.

Eligibility Criteria

1

Individuals belonging to minority communities (Sikhs, Muslims, Christians, Buddhists, Jains and Parsis) in the age group of 18 years to 55 years whose annual income is Rs.98,000/- (rural areas) and Rs.1,20,000/- (urban areas) be less than.

Benefits

Loans are given for self-employment for 5 years at 6 percent interest rate up to Rs.5.00 lakh.

Loans for professional and technical education like JBT, Nursing, Hotel Management, MBA, MBBS, Engineering, LLB and B.Ed etc. are given at 3% interest rate up to Rs 10,00 lakh.

The age of the applicant should be between 16 years to 32 years.

Required Documents

# Document
1 Caste certificate.
2 Income certificate.
3 Age certificate.
4 Himachali certificate issued by the executive magistrate.

How to Apply in Himachal Pradesh

1

It is mandatory for the eligible person to submit his application on the prescribed form along with caste certificate, income certificate, age certificate and Himachali certificate issued by the executive magistrate.

Offline It is mandatory for the eligible person to submit his application on the prescribed form along with caste certificate, income certificate, age certificate and Himachali certificate issued by the executive magistrate.

Common questions in Himachal Pradesh

Who can apply for Schemes Of HP Minorities Finance & Development Corporation in Himachal Pradesh?

Eligible residents of Himachal Pradesh who meet the scheme’s overall criteria can apply for Schemes Of HP Minorities Finance & Development Corporation. Refer to the eligibility section above for the complete checklist.

What documents are required for Schemes Of HP Minorities Finance & Development Corporation in Himachal Pradesh?

Applicants in Himachal Pradesh typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.

What are the important dates for Schemes Of HP Minorities Finance & Development Corporation?

Key dates are summarized in the table on this page, from 23 September 1996 through 23 September 1996, based on values DeshSeva currently stores for this item.

Frequently Asked Questions

The H.P. Minorities Finance & Development Corporation (HPMFDC) was registered under Section 25 of the Companies Act, 1956 (not for profit) on 23-09-1996 and was declared State Channeling Agency (SCA) for National Minorities Finance & Development Corporation, New Delhi (NMFDC) with the objective to give social, economic and educational upliftment to the people of Minorities below double the poverty line in H.P. by providing financial assistance/loans to them for setting up of self employment ventures of income generating activities and education loan for acquiring professional/technical education and job oriented degrees in India and abroad as well, as per NMDFC guidelines and schemes.

Sources and references

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