Term Loan under NSKFDC- Haryana
in Haryana
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Term Loan under NSKFDC- Haryana in Haryana
Term Loan under NSKFDC- Haryana is a government scheme available to eligible residents of Haryana.
Apply for Term Loan under NSKFDC- Haryana in Haryana
Scheme Overview
Under this scheme, loans are provided to Safai Karamcharis & their dependents for any viable income-generating activities with a maximum cost of up to ₹15,00,000/- per beneficiary. The beneficiary should be between 18 & 55 years of age and should be either Safai Karamchari or his/her dependent.
Eligibility Criteria
The applicant should be a permanent resident of Haryana.
The applicant's age should be between 18 and 55 years.
There is no income limit.
The applicant should be either Safai Karamchari or his/her dependent.
**Note 1:** Permanent Safai Karamchari means a person engaged in, or employed for any sanitation work and includes his/her dependents.
**Note 2:** The applicant shall have to produce a Certificate of Safai Karamchari or dependent of Safai Karamchari from the Head of the Government Departments (i.e. School, Colleges, Forest, Health, Education, Animal Husbandry having rank not less than Gazetted Officer), elected members of Municipal Body/ Corporation and Pradhan of Gram Panchayats, Local Revenue Officer or an Officer of Local Municipal Office, or Cantonment Executive Officer of the Cantonment or an officer of the Railways not below the rank of gazette officer.
Benefits
**Project Cost Ceiling:**
The Corporation (HSFDC), in collaboration with NSKFDC, provides loans of up to ₹15,00,000/- per beneficiary for various self-employment income-generating activities.
The beneficiaries can avail loans ranging from ₹10,000 to ₹15,00,000/-.
**Note:** The income-generating activities include auto repair and spare parts shops, electrical goods workshops, leather footwear manufacturing units, beauty parlors, welding works, carpentry, photography, grocery shops, sanitary supply stores, ready-made garments, cyber cafes, band parties, tent houses, etc.
**Margin Money:**
The Corporation provides margin money @ 10% of the project cost.
**Subsidy:**
The corporation provides a subsidy @ 50% of the total project cost (Maximum subsidy amount is ₹10,000/-).
**Note:** The subsidy is only provided to the beneficiary below the poverty line.
> **Interest criteria for the loan amount recoverable by HSFDC:**
**Upto Amount (₹)****Interest % P.A.****Penal Interest % P.A.**15,00,000/-64<br>
**Interest Starts on****Penalty Start After****Principal Recovery Starts After****Installment Starts After****Installment Period**Same Day30 Days120 Days120 Days30 Days
Required Documents
| # | Document |
|---|---|
| 1 | Aadhaar Card |
| 2 | Adequate Qualification and Experience Documents |
| 3 | Project Report (Above ₹1,00,000/-) |
| 4 | Ration Card |
| 5 | Safai Karamchari or Dependent of Safai Karamchari Certificate issued by competent authority |
| 6 | Two-year-old valid Driving Licence in case of vehicle loan |
| 7 | Any other documents as required |
Common questions in Haryana
Who can apply for Term Loan under NSKFDC- Haryana in Haryana?
Eligible residents of Haryana who meet the scheme’s overall criteria can apply for Term Loan under NSKFDC- Haryana. Refer to the eligibility section above for the complete checklist.
What documents are required for Term Loan under NSKFDC- Haryana 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 scheme is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) in collaboration with the National Safai Karamcharis Finance & Development Corporation (NSKFDC).