Virasat Yojana
About this scheme
The scheme "Virasat Yojana" by the Minorities Affairs Department, Government of Rajasthan, aims to support minority artisans through providing loans of up to ₹10,00,000/- to the skilled individuals and groups belonging to minority communities.
Benefits
- Loan Assistance: Loan up to ₹10,00,000/- is provided to eligible applicants.- Interest Rate For Male Applicants: Loan is provided at 5% interest rate to male handicraft artisans.- Interest Rate For Female Applicants: Loan is provided at 4% interest rate to female handicraft artisans.
Who is Eligible
- The applicant must belong to a minority community.
- The applicant must be a handicraft artisan.
- The applicant’s annual family income must not exceed ₹1,20,000 in urban areas.
- The applicant’s annual family income must not exceed ₹98,000 in rural areas.
How to Apply
Offline
Step 1: The applicant must visit the office of the District Minority Welfare Officer of the concerned district, or may download the application form through the official website.
Step 2: The applicant must obtain the application form from the office.
Step 3: The applicant must fill in the required details in the form.
Step 4: The applicant must attach the required documents.
Step 5: The applicant must submit the application form at the same office.
Documents Required
- Minority Community Certificate.
- Income Certificate Or Below Poverty Line (BPL) Certificate.
- Domicile Certificate.
- Project Report (Proposed Project).
- Training Or Experience Certificate.
- Work Site Ownership Proof (Ownership Documents / Rent Agreement With Owner Consent Letter).
- Aadhaar Card Linked With Bank Account.
- Permanent Account Number (PAN) Card.
- Bhamashah Card.
- License (Wherever Required).
- Applicant Photograph.
Who Is Not Eligible
Frequently Asked Questions
- What is "Virasat Yojana"?
It is a credit scheme launched in 2018-19 to provide financial loans to artisans belonging to minority communities.
- Who is eligible to apply for this scheme?
The applicant must be an artisan from a minority community with a family income below the specified limits.
- What is the maximum loan amount available?
The applicant can receive a maximum loan of up to ₹10,00,000 under this scheme.
- What is the interest rate for male artisans?
The applicant who is male will be charged an interest rate of 5%.
- What is the interest rate for female artisans?
The applicant who is female will be charged an interest rate of 4%.
- What is the income limit for rural applicants?
The applicant from a rural area must have a family annual income not exceeding ₹98,000.
- What is the income limit for urban applicants?
The applicant from an urban area must have a family annual income not exceeding ₹1,20,000.
- What type of assistance is provided?
Financial assistance is provided in the form of a loan.
- Does the applicant need a bank account linked to Aadhaar?
Yes, the applicant must provide a copy of their Aadhaar card that is specifically linked to their bank account.
- What documents are needed if the workplace is rented?
The applicant must submit a rent agreement and a consent letter from the house owner to conduct business.
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