Term Loan Scheme for Backward Classes
At a Glance
Scheme Category
Banking,Financial Services and Insurance,Business & Entrepreneurship,Loan
Target Beneficiaries
Individual
Brief Description
The scheme is implemented by the Haryana Backward Classes & Economically Weaker Sections Kalyan Nigam. Under this scheme, loans of up to ₹15,00,000/- are provided at an annual interest rate of 6% to 8% to individuals from the Backward Classes to enhance their employability.
Benefit Type
Cash
Eligibility Criteria
1. The applicant should be a permanent resident of Haryana. 1. The applicant should be between 18 and 55 years old. 1. The applicant should belong to the Backward Classes category. 1. The annual family income of the applicant should not exceed ₹3,00,000/- in both rural and urban areas. 1. The applicant should have a Parivar Pehchan Patra (PPP ID).
Application Mode
Online
Application Process
> Registration Process on Antyodaya-SARAL Portal: Step 01: The eligible applicant may apply online through the Official Portal- <nis:link nis:type=webUrl nis:id=slugId nis:text="Antyodaya-SARAL Portal" nis:value=https://saralharyana.gov.in/ nis:enabled=true/>. Step 02: If the applicant is not registered on the portal, he/she gets registered there. Step 03: For registration, click “<nis:link nis:type=webUrl nis:id=slugId nis:text="New User" nis:value=https://saralharyana.gov.in/citizenRegistration.html nis:enabled=true/>” under ‘Sign In Here’ and fill in all the mandatory details i.e. Name, Email ID, Mobile Number, Password & State. Click on ‘Submit’. Step 04: Verify your mobile number and email ID through the received OTP and complete the registration process. > Login to apply for the scheme: Step 01: To avail the benefits of the scheme, visit the Official <nis:link nis:type=webUrl nis:id=slugId nis:text="Antyodaya-SARAL Portal" nis:value=https://saralharyana.gov.in/ nis:enabled=true/> and log in through the email ID used while registering. Step 02: Enter Password & Captcha and click on ‘Login’. Step 03: After successful login, click on ‘Apply for Services’ and then ‘View all Available Services’ Step 04: Now, you can search for the scheme and click on the scheme to go ahead and fill out the application form. Step 05: Enter your Parivar Pehchan Patra number - Family ID and click on “Click here to Fetch Family Data” which displays the family members registered under the given Family ID. Step 06: Select the beneficiary/applicant name and enter the OTP that is being sent to the selected family member for verification. Click on “Click to Verify” Step 07: Fill in all the mandatory details and upload all the mandatory documents. Step 08: Preview the application form and click on ‘Submit’. > Tracking of Application: Applicants can track their applications through the Official <nis:link nis:type=webUrl nis:id=slugId nis:text="Antyodaya-SARAL Portal" nis:value=https://status.saralharyana.nic.in/ nis:enabled=true/> by entering their Department Name, Scheme Name, and Application Reference ID.
Required Documents
- Identity/Citizenship proof i.e. Aadhaar Card Proof of age Resident Proof/Address Proof/Ownership Proof i.e. Haryana Domicile Certificate/Ration Card Caste/Religion Proof Parivar Pehchan Patra (PPP ID) Passport-size photograph of the applicant Bank account details Any other documents as required
FAQs
What is the maximum loan amount provided under this scheme?
The maximum loan amount provided under this scheme is ₹15,00,000/-.
What is the interest rate for loans under this scheme?
The interest rate for loans under this scheme ranges from 6% to 8% per annum.
Is there an age limit to apply for this scheme?
Yes, applicants must be between 18 and 55 years old.
Can an individual from urban areas apply for this scheme?
Yes, individuals from both rural and urban areas can apply, provided their annual family income does not exceed ₹3,00,000/-.
Do I need to be a permanent resident of Haryana to apply?
Yes, applicants must be permanent residents of Haryana.
Can applicants from other states apply for this scheme?
No, only permanent residents of Haryana are eligible to apply.
How can I apply for this scheme?
Eligible applicants can apply online through the Antyodaya-SARAL Portal at https://saralharyana.gov.in/.
How can I track my application status?
Applicants can track their applications through the Antyodaya-SARAL Portal by entering their Department Name, Scheme Name, and Application Reference ID at https://status.saralharyana.nic.in/.