KMDC: SWAVALAMBI SARATHI SCHEME Subsidy for purchasing taxi / goods vehicle

Benefit

• This Scheme is implemented by the corporation in collaboration with nationalized / Scheduled banks.
• Those beneficiaries who are sanctioned / approved for loan from the Banks for the purchase of Passenger Autorickshaw / Goods Vehicle / Taxi will be provided a subsidy of 50% of the value of the vehicle or a maximum subsidy of Rs. 3.00 Lakhs.
• Women will be given priority.
• The vehicle purchased under this scheme should not be sold to others during the tenure of the loan.
• Beneficiary should submit information to KMDC District Office about the road tax and insurance along with supporting documents.

Subsidy

• Subsidy of Rs. 75000/- for beneficiaries to purchase taxi / Goods vehicle

Whom

Person belongs to religious minority

Eligibility

• Applicants must belong to State Religious Minority Community.
• The applicant must be a permanent resident of the State.
• The age limit of the applicant should be between 18 and 55 years.
• Family income from all sources should be within Rs. 6.00 lakh per annum.
• No member of the applicant’s family should be an employee of the State/Central/ Government Public Sector Units.
• Applicant must possess relevant driving License issued by the Regional Transport Authority.
• Applicant or his/her family members should have not availed any vehicle loan under any scheme of the State Government.
• The applicant shall not be a loan defaulter in KMDC.

How to apply

• Online

Documents to be submitted

• Online application
• Beneficiary’s latest 2 passport photographs
• Caste and Income certificate
• Aadhaar card copy
• Driving License copy
• An Affidavit from the beneficiary towards non-availment of loan facility under any scheme of the State Government for the purchase of vehicle by the beneficiary and his/her family members.
• An affidavit towards non-transfer (alienation) of the vehicle obtained under this scheme during the loan period.

No. 39-821, 2nd Floor, K M D C BHAVAN, Subedhar Chatra Road, Sheshadripuram, Bengaluru – 560020, Karnataka
080-22860999 /
080-22861226
[email protected]

or Contact Respective District Executive Office

Helpline: 8277799990