MSYNSKFDC-H

This scheme offers loans up to ₹1,00,000/- to women Safai Karamcharis or their dependents for economic development through self-employment initiatives, such as establishing cloth shops, dairies, tea shops, bangle shops, beauty parlours, papad making, basketry, tailoring shops, etc.

The scheme "Mahila Samridhi Yojana under NSKFDC" is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) in collaboration with the National Safai Karamcharis Finance & Development Corporation (NSKFDC). The HSFDC is a Company registered under the Companies Act, 1956 on 02.01.1971. It is a wholly government-owned Corporation with a 51% share of the State Government and a 49% share of the Government of India.

This scheme offers loans up to ₹1,00,000/- to women Safai Karamcharis or their dependents for economic development through self-employment initiatives, such as establishing cloth shops, dairies, tea shops, bangle shops, beauty parlours, papad making, basketry, tailoring shops, etc. The Corporation contributes margin money at 10% of the project cost.

• The applicant should be a permanent resident of Haryana.
• The applicant should be a female.
• The applicant's age should be between 18 and 55 years.
• There is no income limit.
• The applicant should be either a woman Safai Karamchari or a dependent daughter of Safai Karamchari.

Note 1: Permanent Safai Karamchari means a person engaged in, or employed for any sanitation work and includes his/her dependents.

Note 2: The applicant shall have to produce a Certificate of Safai Karamchari or dependent of Safai Karamchari from the Head of the Government Departments (i.e. School, Colleges, Forest, Health, Education, Animal Husbandry having rank not less than Gazetted Officer), elected members of Municipal Body/ Corporation and Pradhan of Gram Panchayats, Local Revenue Officer or an Officer of Local Municipal Office, or Cantonment Executive Officer of the Cantonment or an officer of the Railways not below the rank of gazette officer.

Project Cost Ceiling:

• The Corporation (HSFDC), in collaboration with NSKFDC, provides loans of up to ₹1,00,000/- per beneficiary/unit for various economic development activities.

Margin Money:

• The Corporation provides margin money @ 10% of the project cost.

Subsidy:

• The corporation provides a subsidy @ 50% of the total project cost (Maximum amount of subsidy is ₹10,000/-).

Note: The subsidy is provided only to the beneficiary living below the poverty line.

> Interest criteria for the loan amount recoverable by HSFDC:

Upto Amount(₹)Interest % P.A.Penal Interest % P.A.10000044

Interest Starts onPenalty Start AfterPrincipal Recovery Starts AfterInstallment Starts AfterInstallment PeriodSame Day30 Days120 Days120 Days30 Days