Term Loan Scheme for Backward Classes

Description
The scheme "Term Loan Scheme for Backward Classes" is implemented by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam, Government of Haryana. Under this scheme, loans of up to ₹15,00,000/- are provided at an annual interest rate of 6% to 8% to individuals from the Backward Classes to enhance their employability. This applies to those with an annual family income of up to ₹3,00,000/- in both rural and urban areas. Applicants must be between 18 and 55 years old, permanent residents of Haryana, and belong to the Backward Classes.

Benefits
• Under the scheme, Nigam provides loans of up to ₹15,00,000/- at an annual interest rate of 6% to 8% to individuals from the Backward Classes to enhance their employability.

Eligibility Criteria
1. The applicant should be a permanent resident of Haryana.
2. The applicant should be between 18 and 55 years old.
3. The applicant should belong to the Backward Classes category.
4. The annual family income of the applicant should not exceed ₹3,00,000/- in both rural and urban areas.
5. 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/Ration Card
• Caste/Religion Proof
• Parivar Pehchan Patra (PPP ID)
• Passport-size photograph of the applicant
• Bank account details
• Any other documents as required

Frequently Asked Questions
Q: What is the maximum loan amount provided under this scheme?
A: The maximum loan amount provided under this scheme is [?]15,00,000/-.

Q: What is the interest rate for loans under this scheme?
A: The interest rate for loans under this scheme ranges from 6% to 8% per annum.

Q: Is there an age limit to apply for this scheme?
A: Yes, applicants must be between 18 and 55 years old.

Q: Can an individual from urban areas apply for this scheme?
A: Yes, individuals from both rural and urban areas can apply, provided their annual family income does not exceed [?]3,00,000/-.

Q: Do I need to be a permanent resident of Haryana to apply?
A: Yes, applicants must be permanent residents of Haryana.

Q: Can applicants from other states apply for this scheme?
A: No, only permanent residents of Haryana are eligible to apply.

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

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