Term Loan Scheme- Credit Line 1 for Minority Community
in Haryana
Last updated:
Term Loan Scheme- Credit Line 1 for Minority Community in Haryana
Term Loan Scheme- Credit Line 1 for Minority Community is a government scheme available to eligible residents of Haryana.
Apply for Term Loan Scheme- Credit Line 1 for Minority Community in Haryana
Scheme Overview
The scheme is implemented by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam. Under this scheme, loans of up to ₹20,00,000/- are provided at a concessional interest rate to individuals from minority communities to enhance their employability.
Eligibility Criteria
The applicant should be a permanent resident of Haryana.
The age of the applicant should be between 18 and 55 years.
The annual family income of the applicant should not exceed ₹98,000/- (Rural Area) and ₹1,20,000/- (Urban Area).
The applicant should belong to a minority community, i.e., Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains.
The applicant should have a Parivar Pehchan Patra (PPP ID).
Benefits
Under the scheme, Nigam provides loans of up to ₹20,00,000/- at a concessional interest rate to individuals from minority communities to enhance their employability.
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 |
Common questions in Haryana
Who can apply for Term Loan Scheme- Credit Line 1 for Minority Community in Haryana?
Eligible residents of Haryana who meet the scheme’s overall criteria can apply for Term Loan Scheme- Credit Line 1 for Minority Community. Refer to the eligibility section above for the complete checklist.
What documents are required for Term Loan Scheme- Credit Line 1 for Minority Community in Haryana?
Applicants in Haryana typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
Loans of up to [?]20,00,000/- are provided under this scheme.