National Safai Karamcharis Finance and Development Corporation Scheme
About this scheme
Under the National Safai Karamcharis Finance and Development Corporation (NSKFDC) Scheme of the Department of Social Justice and Empowerment, the Government of Himachal Pradesh provides financial assistance at concessional rates of interest to set up higher-cost income-generating activities, such as small business units, taxis, Mahindra Jeeps, Tata Sumos, shuttering work, piggery farms, etc.
Loans are also provided to Safai Karamcharis for the purchase of transport vehicles, such as Maruti Vans and Mahindra Jeeps, up to ₹5,00,000/- at an interest rate of 6%, and above ₹5,00,000/- at an interest rate of 8%, through the said corporation.
Benefits
- Concessional rate of interest at 6% for loans up to ₹5,00,000/- and 8% for loans above ₹5,00,000/-.
- Maximum loan limit of ₹5,00,000/- under the concessional interest category.
- Flexible repayment period of up to 5 years, making repayment easier for beneficiaries.
- Low promoter’s contribution, limited to up to 5% of the total project cost.
- Margin money support of 10% of the project cost provided by the HPSCST Development Corporation.
- Major portion of project cost (85%) covered through an NSKFDC term loan, reducing the financial burden on beneficiaries.
Who is Eligible
- The applicant should be an unemployed member of a Safai Karamchari family of Himachal Pradesh.
- The applicant should be between 18 and 55 years of age (20 to 53 years in the case of vehicle loans).
- The applicant should be not a defaulter of any bank or financial institution.
- The applicant should possess the required aptitude and/or valid license for the proposed activity.
- The applicant should submit the application in the prescribed form along with a caste certificate and a Himachali certificate issued by the Executive Magistrate.
How to Apply
Offline
Step 1: Obtain and fill the prescribed application form and attach all required documents.
Step 2: Submit the completed application to the concerned District Manager or Corporation office for verification.
Step 3: After approval, the application is forwarded to the HP SC/ST Development Corporation for further processing.
Application Form (Other Than Transport)
Application Form (Vehicle Loan)
Documents Required
- Income certificate
- Age proof (Birth certificate/School certificate)
- Identity proof (Aadhaar Card, Voter ID, or Driving License)
Who Is Not Eligible
Frequently Asked Questions
- What is the National Safai Karamcharis Finance and Development Corporation (NSKFDC) Scheme?
The NSKFDC Scheme provides financial assistance to Safai Karamcharis to help them start income-generating activities through concessional loans.
- Who implements this scheme in Himachal Pradesh?
The scheme is implemented in Himachal Pradesh through the concerned State Development Corporation under the Department of Social Justice and Empowerment.
- Who is eligible to apply for this scheme?
An unemployed member of a Safai Karamchari family residing in Himachal Pradesh is eligible to apply.
- What is the eligible age limit under the scheme?
The applicant should be between 18 and 55 years of age. For vehicle loans, the age limit is 20 to 53 years.
- Can a person who has defaulted on a bank loan apply?
No, the applicant should not be a defaulter of any bank or financial institution.
- What types of activities are covered under this scheme?
The scheme supports higher-cost income-generating activities such as small business units, taxis, Mahindra Jeeps, Tata Sumos, shuttering work, piggery farms, and similar ventures.
- Are vehicle loans available under this scheme?
Yes, loans are available for purchasing transport vehicles such as Maruti Vans and Mahindra Jeeps.
- What is the margin money loan component?
A 10% margin money loan of the total project cost is provided by the HPSCST Development Corporation.
- How much of the project cost is financed through NSKFDC?
85% of the total project cost is covered through an NSKFDC term loan.
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