Ambedkar Laghu Rin Yojna (M.C.F.)

To meet the small Financial need of poor Scheduled Caste families to start small and petty business individually or in a group. Total assistance up to Rs. 50,000/- is provided by the Corporation directly in collaboration with NSFDC.

Eligibility Criteria

  • 1. Member of Scheduled Caste Family who is bonafide Resident of Himachal Prades.
  • 2. Annual Income Limit:- Rural Areas : Rs.35,000/- Urban Areas : Rs.35,000/-
  • 3. Age : 18 to 55 years.
  • 4. Applicant should not be defaulter of any financial institution/bank.
Means of Finance
1) No contribution needed from Promoter.
2. NSFDC Term Loan Rs.40,000/-
3. Capital Subsidy by HPSCSTDC up to Rs.10,000/-.
Total Rs. 50,000
Interest Rate 4% - 5%
-Repayment Period 3 Years