Vanchit Ikai Samooh Aur Vargon Ko Aarthik Sahayata Yojana
in Jharkhand
Last updated:
Vanchit Ikai Samooh Aur Vargon Ko Aarthik Sahayata Yojana in Jharkhand
Vanchit Ikai Samooh Aur Vargon Ko Aarthik Sahayata Yojana is a government scheme available to eligible residents of Jharkhand.
Apply for Vanchit Ikai Samooh Aur Vargon Ko Aarthik Sahayata Yojana in Jharkhand
Scheme Overview
The VISVAS (Vanchit Ikai Samooh aur Vargon ko Aarthik Sahayata) Scheme aims to provide interest subvention to OBC/SC Self Help Groups (SHGs) or individuals. It is being implemented by the Ministry of Social Justice and Empowerment.
Eligibility Criteria
> **Eligibility Criteria for Other Backward Classes (OBCs)**
Members of Backward Classes, as notified by Central Government/State Governments
All OBC Antyodaya Anna Yojana (AAY) cardholders, and OBC individuals facing three or more Deprivations in terms of SECC-2011, as per records available at the relevant BDO Office shall be eligible for Interest Subvention
All OBC beneficiaries involved in Agricultural activities and getting coverage under the PM KISAN
SHGs must be registered with NRLM/NULM/NABARD with more than two years of credit history
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> **Eligibility Criteria for Scheduled Castes (SCs):**
NSFDC recognized Self-Help Groups (SHGs) registered with NRLM/NULM and NABARD
The definition of Scheduled Castes includes all castes notified in the State and/or Central Government lists of SCs
Valid Annual Income Certificate issued by the competent authority of the State Government
AAY cardholders, and other individuals facing three or more Deprivations in terms of SECC-2011
All beneficiaries involved in Agricultural activities and getting coverage under the PM KISAN
Benefits
Maximum loan limit (for SHG): ₹ 4,00,000
Maximum loan limit (for individual): ₹ 2,00,000
Maximum Subvention Amount: @5% per annum
Through Direct Transfer of Subvention Amount into operating account of SHG or Individual
Required Documents
| # | Document |
|---|---|
| 1 | Proof of Identity (Aadhaar card) |
| 2 | Proof of membership in an SHG |
| 3 | Proof of registration of the SHG with NRLM/NULM/NABARD |
| 4 | Proof reg. Credit History of the SHG |
| 5 | Ration Card |
| 6 | Income Certificate (issued by the competent authority of the State Government) |
| 7 | Caste Certificate |
| 8 | Antyoday Anna Yojana (AAY) card (if applicable) |
| 9 | Proof of being a beneficiary of PM Kisan Scheme (if applicable) |
| 10 | Passport size Photograph of the applicant |
How to Apply in Jharkhand
Step 1: Eligible applicant needs to visit the nearest SCA office, and apply on the prescribed form for VISVAS Scheme. You can find your nearest SCA office at this link - https://nsfdc.nic.in/channel-patrners/scas
Offline Step 1: Eligible applicant needs to visit the nearest SCA office, and apply on the prescribed form for VISVAS Scheme. You can find your nearest SCA office at this link - https://nsfdc.nic.in/channel-patrners/scas
Step 2: Enter the necessary details in the application form and mention the needs and choice of vocation and training requirements, if any.
Offline Step 2: Enter the necessary details in the application form and mention the needs and choice of vocation and training requirements, if any.
Step 3: Submit your application form and the required documents to the same SCA office. After reviewing the application, the loan will be sanctioned by SCA.
Offline Step 3: Submit your application form and the required documents to the same SCA office. After reviewing the application, the loan will be sanctioned by SCA.
Common questions in Jharkhand
Who can apply for Vanchit Ikai Samooh Aur Vargon Ko Aarthik Sahayata Yojana in Jharkhand?
Eligible residents of Jharkhand who meet the scheme’s overall criteria can apply for Vanchit Ikai Samooh Aur Vargon Ko Aarthik Sahayata Yojana. Refer to the eligibility section above for the complete checklist.
What documents are required for Vanchit Ikai Samooh Aur Vargon Ko Aarthik Sahayata Yojana in Jharkhand?
Applicants in Jharkhand typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
Ans. No, the Self Help Groups availing interest subvention under this scheme are not eligible for interest subversion under any other scheme.