MID TERM LOAN (SCP) FOR SC BENEFICIARIES  

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  Eligibility Criteria
 
Caste Status : Scheduled Caste
Annual Family Income : Rs. 40500 in rural area and Rs. 51500 in urban area
Age : 18 to 50 years
 
  Provision for Finance
 
Project Cost : Maximum Rs. 35000
Subsidy : 50% of project cost or Rs. 10000, whichever is less
Margin Money Loan : 5% of project cost (limited up to the project cost of Rs. 20000) not more than Rs. 1000
Bank Loan : Rest of the project cost is Bank Loan
Basis of Implementation : 60% in group and 40% in individual