Under this scheme loans will be provided to people belonging to religious minority and whose houses shops have been destroyed due natural calamity and communal violence. in this scheme loan amount of Rs 500,000/- max per unit cost will be provided of which 50% loan and 50% subsidy.
ELIGIBILITY
- The applicant should belong to the religious minority category of the state
- The applicant shall be permanent resident of the state
- The applicants age must be between 18 to 55 years
- Family income from all sources should not exceed more than 8,00,000/-
- Aggrieved beneficiaries should obtain a relevant competent authority
- None of the applicants family members should be in central or state government employment
- applicant or his/her family should not have availed loan facility from Karnataka minorities Development Corporation (except arivu education loan scheme in last five years .
DOCUMENTS- Self declaration form applicant
- Self declaration form Surety
- Project report of the Business
Selection Panel
- Concerned MLA of the respective constituency Chairman
- member of the legislative council who is permanent residence in the taluk co chairman
- District lead bank manger member
- district joint director .commerce and industry member
- district deputy director women and child welfare department member
- district manger Karnataka minority development corporation member secretary
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