Term Loan Scheme for Backward Classes
in Haryana
Last updated:
Term Loan Scheme for Backward Classes in Haryana
Term Loan Scheme for Backward Classes is a government scheme available to eligible residents of Haryana.
Apply for Term Loan Scheme for Backward Classes in Haryana
Scheme Overview
The scheme is implemented by the Haryana Backward Classes & Economically Weaker Sections Kalyan Nigam. 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.
Eligibility Criteria
The applicant should be a permanent resident of Haryana.
The applicant should be between 18 and 55 years old.
The applicant should belong to the Backward Classes category.
The annual family income of the applicant should not exceed ₹3,00,000/- in both rural and urban areas.
The applicant should have a Parivar Pehchan Patra (PPP ID).
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.
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/Ration Card |
| 4 | Caste/Religion Proof |
| 5 | Parivar Pehchan Patra (PPP ID) |
| 6 | Passport-size photograph of the applicant |
| 7 | Bank account details |
| 8 | Any other documents as required |
Common questions in Haryana
Who can apply for Term Loan Scheme for Backward Classes in Haryana?
Eligible residents of Haryana who meet the scheme’s overall criteria can apply for Term Loan Scheme for Backward Classes. Refer to the eligibility section above for the complete checklist.
What documents are required for Term Loan Scheme for Backward Classes 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
The maximum loan amount provided under this scheme is [?]15,00,000/-.