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Micro Credit Finance

Under the Micro Credit Finance Scheme, beneficiaries from the Charmkar Community receive financial assistance of up to ₹50,000 at an interest rate of 5% per annum. This assistance includes a subsidy of ₹10,000, with the remaining amount provided as a loan.

Ministry / Department
Social Justice and Special Assistance Department
Level
State
Benefit type
cash
Last verified: Recently

Micro Credit Finance क्या है?

Under the Micro Credit Finance Scheme, beneficiaries from the Charmkar Community receive financial assistance of up to ₹50,000 at an interest rate of 5% per annum. This assistance includes a subsidy of ₹10,000, with the remaining amount provided as a loan.

लाभ
- Financial support ranging from ₹25,000 to ₹50,000 to invest in income-generating activities. - A low interest rate of 5% per annum, making it easier to repay the loan. - ₹10,000 provided as a subsidy to reduce the financial burden.
स्तर
State — Maharashtra
मंत्रालय / विभाग
Social Justice and Special Assistance Department
लाभ का प्रकार
cash
मुख्य पात्रता
1. The applicant should belong to the Charmakar Community. 1. The applicant should be between 18 to 50 years of age. 1. The applicant should be a permanent resident of Maharashtra. 1. The applicant should belong to a Below Poverty Line (BPL) category. 1. The applicant should be able to provide an In
अंतिम सत्यापन
Recently

Benefits

- Financial support ranging from ₹25,000 to ₹50,000 to invest in income-generating activities. - A low interest rate of 5% per annum, making it easier to repay the loan. - ₹10,000 provided as a subsidy to reduce the financial burden.

Eligibility

1. The applicant should belong to the Charmakar Community. 1. The applicant should be between 18 to 50 years of age. 1. The applicant should be a permanent resident of Maharashtra. 1. The applicant should belong to a Below Poverty Line (BPL) category. 1. The applicant should be able to provide an InArea: MaharashtraBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      Step 1: The interested applicant should visit (during office hours) the District Office of the Leather Industries Development Corporation of Maharashtra (LIDCOM), and request the hard copy of the prescribed format of the application form from the concerned authority.

    2. Step 2: Offline application — step 2

      Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).

    3. Step 3: Offline application — step 3

      Step 3: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to the concerned authority.

    4. Step 4: Offline application — step 4

      Step 4: Request a receipt or acknowledgement from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

    5. Step 5: Offline application — step 5

      NOTE: Ensure that the application is submitted within the prescribed period, if any.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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