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Karnatakabusiness-entrepreneurship

Shrama Shakthi Scheme

Under the Shrama Shakthi Loan scheme, religious minority community entrepreneurs will be trained in artistic and technical skills and will be provided a loan of ₹50,000/- with a 4% rate of interest, to be paid in 36 installments.

Ministry / Department
Minorities Welfare Department
Level
State
Benefit type
cash
Last verified: Recently

What is Shrama Shakthi Scheme?

Under the Shrama Shakthi Loan scheme, religious minority community entrepreneurs will be trained in artistic and technical skills and will be provided a loan of ₹50,000/- with a 4% rate of interest, to be paid in 36 installments.

Benefit
Under this scheme, a loan of ₹50,000 will be given to persons belonging to religious minority communities. Under this scheme, religious minority community entrepreneurs will be trained in artistic and technical skills.
Level
State — Karnataka
Ministry / Dept.
Minorities Welfare Department
Benefit type
cash
Key eligibility
1. The age limit of the applicant should be between 18 and 55 years. 1. The applicant must be a permanent resident of the State. 1. Applicants must belong to State Religious Minority Community. 1. Family income from all sources should be within Rs. 3.50 lakh per annum. 1. An applicant or his/her fam
Last verified
Recently

Benefits

Under this scheme, a loan of ₹50,000 will be given to persons belonging to religious minority communities. Under this scheme, religious minority community entrepreneurs will be trained in artistic and technical skills.

Eligibility

1. The age limit of the applicant should be between 18 and 55 years. 1. The applicant must be a permanent resident of the State. 1. Applicants must belong to State Religious Minority Community. 1. Family income from all sources should be within Rs. 3.50 lakh per annum. 1. An applicant or his/her famArea: KarnatakaBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Step 01: First go to the official website, and fill out the application form.

    2. Step 2: Online application — step 3

      Step 02:Print the application form.

    3. Step 3: Online application — step 5

      Step 03:Submit this application form along with other relevant documents to the Selection Panel of your concerned district.

    4. Step 4: Online application — step 7

      Step 04: After the approval of the Selection Panel, Subsidy will be transferred to your bank account.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website