To develop the traditional skills, to continue in the same business or to start a small business or to improve their businesses, religious minority community entrepreneurs will be trained in artistic and
technical skills and provided a loan of Rs. 50,000/- with 4% rate of interest, to be paid in 36 instalments. If the beneficiary repays 50% of the loan within 36 months, the remaining 50% of the loan would be considered a back-end subsidy. If the beneficiary fails to repay the loan within 36 months, 50% of the backend subsidy will be considered as a loan.
Subsidy
To whom / eligible ?
Whom
Eligibility
Applicants must belong to the State Religious Minority Community
The applicant must be a permanent resident of the State.
The age limit of the applicant is 18 between to 55 years.
The annual income of the family from all sources shall not exceed Rs. 3.50 lakh per
annum
No member of the applicant’s family shall be an employee of the State/Central/ Government PSU
The applicant should not have availed any loan from KMDC