Laghu Vyavassay Scheme in Haryana

Laghu Vyavassay Scheme is a Self Employment Income Generating Schemes under NSFDC Scheme.

Financial Assistance up to 90% where unit cost is Rs. 5.00 lakhs.

Benefits

1. Project cost ceiling- the Corporation in collaboration with NSFDC can provide loan for various economic development schemes having unit cost up to Rs. 2,00,000/-.

2. Margin money – The Corporation provides margin money @ 10% of the project cost.

3. Subsidy – As per the latest instruction of govt. of India, the corporation (HSFDC) provide subsidy @ 50% (maximum amount of subsidy is Rs. 10,000/- of the total project cost.

Eligibility Criteria to get Laghu Vyavassay Scheme

• Applicant should be belonging to Scheduled Castes and permanent resident of Haryana.

• He/She should be in the age group of 18-45 years.

• The income ceiling is atleast 50% of the beneficiaries having annual family income upto Rs. 1.50 lakhs and balance 50% of the beneficiaries having annual family income upto Rs. 3.00 lakhs.

Documents Required to get Laghu Vyavassay Scheme

1. Identity/Citizenship Proof (Any one of the following):

• Aadhaar Card

2. Parivar Pehchaan Patra

3. Resident Proof/Address Proof/Ownership Proof (Any one of the following):

• Ration Card

4. Caste / Religion Proof (Any one of the following):

• Scheduled caste certificate

Repayment Period:

Within 6 years, in quarterly installments from date of each disbursement including moratorium period.

Moratorium Period:

6 months.

Fees Required to get Laghu Vyavassay Scheme

Government Charges - No Fees

Kendra Service Charges - INR 10

Time Required

180 days.