Sikhligar’s Community Development Scheme
At a Glance
Scheme Category
Business & Entrepreneurship,Skills & Employment,Setting up / start-up / entrepreneurship,Entrepreneurship development
Target Beneficiaries
Individual
Brief Description
The "Sikhligar’s Community Development Scheme" aims to promote economic self-reliance among the Sikhligara community, the Corporation will provide a subsidy and a subsidy of 33% of the vehicle cost for purchasing goods tempos, or vehicles to economically backward of Karnataka state.
Benefit Type
Cash
Eligibility Criteria
1. The applicant must belong to the Sikh community. 1. The applicant must be a permanent resident of the state. 1. The applicant&39;s age should be between 18 and 55 years. 1. The family income from all sources should not exceed ₹6,00,000/-. 1. No family member of the applicant should be a State/Central Government employee. 1. Neither the applicant nor their family members should have availed of any loan/subsidy facility from the Corporation in the last 5 years, except for the Arivu Education Loan and Foreign Education Loan Scheme. 1. The applicant should not be a defaulter of the Corporation.
Application Mode
Online
Application Process
Application Process: Step-01: Applicant need to visits the Karnataka Minorities Development Corporation <nis:link nis:type=webUrl nis:id=slugId nis:text="official website" nis:value=https://kmdconline.karnataka.gov.in/Portal/home nis:enabled=true/>. Step-02: Click "Apply Online" and Enter "Mobile Number" and "Submit". Step-03: Enter "Aadhaar Number" Fill in the "Captcha" and Select "Next". Step-04: Applicant will get OTP in his/her Aadhaar Linked Mobile Number. Step-05: Enter "OTP" and select "Continue", After that Allow the official notice. Step-06: After verifying the Aadhaar again fill in the "OTP" and Submit. Step-07: Select the scheme "Sikhligar’s Community Development Scheme" and fill in the basic details father&39;s name, gender, qualification detail Step-08: Select "Next" Fill in the address detail and again select "Next". Step-09: Upload the required document passport-size photo, educational document, income certificate, etc. Step-10: Click "Proceed" and Select "Submit Application" and get an Application ID.
Required Documents
- - Photo of the Applicant.
- - Minority Certificate (issued by the Competent Authority).
- - Income Certificate (issued by the Competent Authority).
- - Copy of Aadhaar as Residential Proof.
- - Copy of Bank Passbook.
- - Project Report.
- - Vehicle Quotation.
- - Applicants Self-Declaration.
FAQs
Who is eligible to apply for this scheme?
Applicants must be from the Sikhligara community, a permanent resident of Karnataka, aged 18 to 55 years, with a family income not exceeding ₹6,00,000 per annum.
What is the subsidy amount for purchasing a vehicle?
A subsidy of 33% of the vehicle cost, up to a maximum of ₹1,50,000/-, is available for purchasing goods tempos or vehicles.
Can I apply for a subsidy if I take a loan from a bank?
Yes, the scheme provides a 33% subsidy, up to a maximum of ₹1,00,000/-, for loans taken from banks or financial institutions for self-employment.
Is there an income limit for applying for this scheme?
Yes, the total family income should not exceed ₹6,00,000 per annum from all sources.
Are there any restrictions on previous loan availing?
Applicants or their family members should not have availed any loan/subsidy from the Corporation in the last 5 years, except for the Arivu Education Loan and Foreign Education Loan Scheme.
How much loan can I receive under this scheme?
Eligible applicants can receive a loan of ₹50,000 for starting or expanding their businesses.
How will I receive the loan and subsidy amount?
The loan and subsidy amount will be directly disbursed to your bank account upon approval of your application.
Can government employees apply for this scheme?
No, applicants who have family members employed with the State or Central Government are not eligible for this scheme.
How will the subsidy for vehicle purchase be calculated?
The subsidy will cover 33% of the vehicle cost based on the approved quotation, up to a maximum of ₹1,50,000/-.
Can I apply for this scheme online?
Yes, the applicant visited the Karnataka Minorities Development Corporation official website.