Credit Card Scheme For Artisans And Weavers Of Handicrafts And Handloom Sector
By Department of Handicraft and Handloom, Government of Jammu and Kashmir
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Quick Answer
A loan scheme by the Department of Handicraft & Handloom, J&K, providing financial assistance up to ₹2 lakh to registered artisans and weavers for investment and working capital needs.
- Funding amount
- Up to ₹2L
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Jammu and Kashmir
About this loan
The Credit Card Scheme for Artisans & Weavers is a loan scheme initiated by the Department of Handicraft & Handloom, Government of Jammu & Kashmir. Its primary objective is to offer adequate and timely financial assistance from financial institutions to artisans and weavers. This support aims to meet their diverse credit requirements, encompassing both investment needs and working capital, in a flexible and cost-effective manner. The scheme is designed for implementation across both rural and urban areas of Jammu & Kashmir.
Eligible beneficiaries include all artisans and weavers who are duly registered with the Handicrafts and Handloom Department, J&K. They must be actively involved in production and manufacturing processes and otherwise eligible for credit facilities under existing bank schemes for their proposed activities. The credit limit provided under this scheme remains valid for a period of five years, subject to an annual review by the competent authorities.
This initiative underscores the government's commitment to fostering the traditional handicrafts and handloom sectors, which are vital to the cultural heritage and economic livelihood of the region. By ensuring access to capital, the scheme empowers artisans and weavers to sustain and grow their businesses, thereby contributing to local economic development and employment generation.
Eligibility
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Grant providers
Provider
Department of Handicraft and Handloom, Government of Jammu and KashmirJammu and Kashmir · India
Benefits & Funding
- Amount
- Up to ₹2L
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
The scheme offers a maximum credit limit of ₹2,00,000, structured with a loan component of ₹1.80 lakh and a beneficiary contribution of ₹20,000. Beneficiaries will receive a 7% interest subvention over a period of 5 years, significantly reducing the cost of borrowing. A key advantage is that no collateral security is required, making it accessible to a wider range of artisans and weavers. This financial support is designed to meet both the investment needs and working capital requirements, ensuring flexible and cost-effective access to credit for production and manufacturing processes.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The selection of beneficiaries under the scheme is made by a District-level Selection Committee, which is headed by the General Manager, District Industries Centre. This committee evaluates applications based on the stated eligibility criteria and the needs of the artisans and weavers involved in production and manufacturing processes.
Application Process
- 1
Apply Offline
Submit application forms and required documents to the relevant district authorities.
You - 2
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the purpose of the Credit Card Scheme for Artisans and Weavers?
The scheme aims to provide adequate and timely financial assistance from financial institutions to artisans and weavers in Jammu & Kashmir to meet their credit requirements for investment and working capital.
Who is eligible to apply for this scheme?
All artisans and weavers who are duly registered with the Handicrafts and Handloom Department, J&K, involved in production and manufacturing processes, and otherwise eligible for credit facilities under existing bank schemes, are eligible.
What is the maximum credit limit offered?
The scheme offers a maximum credit limit of ₹2,00,000, comprising a loan component of ₹1.80 lakh and a beneficiary's contribution of ₹20,000.
Is collateral security required for this credit?
No, collateral security is not required under this scheme.
What interest benefits are provided?
Beneficiaries receive a 7% interest subvention over a period of 5 years.
How long is the credit limit valid?
The credit limit is valid for a period of five years, subject to annual review by competent authorities.
How are beneficiaries selected for the scheme?
The selection of beneficiaries is made by a District-level Selection Committee, headed by the General Manager, District Industries Centre.
Sources
Data on this page is compiled from official program and provider references.
