Individual loaning scheme: Haryana Women Development Corporation

About This Scheme

The scheme "Individual Loaning Scheme" by the Haryana Women Development Corporation, Government of Haryana, aims to provide financial assistance to women for economically viable projects. Through this scheme, subsidies and loans are provided to eligible women for projects costing. The scheme is implemented by the Haryana Women Development Corporation.

Eligibility

1. The applicant must be female. 1. The applicant must require a loan for a project not exceeding ₹1,50,000/-. 1. The applicant's annual income must be less than ₹1,50,000/- per annum. 1. The applicant's spouse or parents are not income tax payees. 1. The age of the prospective beneficiary should be between 18 and 60 years at the time of applying for the loan.

Benefits

1. Financial Assistance: For economically viable projects, the total cost of which should not exceed ₹1,50,000/-. 2. Subsidy: - 25% (subject to a maximum of ₹10,000/-) for other categories. - 25% (subject to a maximum of ₹25,000/-) for Scheduled Caste (SC) Categories. - Earlier, the subsidy was only 10% (subject to a maximum of ₹5,000/-) for all categories. 3. Beneficiary Share: 10% of the project cost. 4. Balance Loan Amount: Provided by commercial/nationalised banks.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.