Term Loan Scheme- Credit Line 1 for Minority Community
By Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam
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Quick Answer
Loans of up to ₹20 lakh at concessional interest for people from minority communities in Haryana, aged 18 to 55, for self-employment, equipment or skill courses.
About this loan
Under Credit Line 1, people from minority communities in Haryana can borrow up to ₹20,00,000 at concessional interest rates. The Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam runs the scheme. Eligible communities are Muslims, Sikhs, Christians, Buddhists, Parsis and Jains.
You must be a permanent resident of Haryana aged 18 to 55, with a Parivar Pehchan Patra (PPP ID). Annual family income must not exceed ₹98,000 in rural areas or ₹1,20,000 in urban areas.
You can use the loan for a micro-enterprise, equipment or tools, skill development courses, or working capital for self-employment.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
Benefits & Funding
- Amount
- Up to ₹20L
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
Under the Term Loan Scheme, eligible individuals from minority communities can secure loans of up to ₹20,00,000 at highly concessional interest rates. This financial assistance is specifically designed to enhance their employability, enabling them to pursue various economic activities. Funds can be utilized for purposes such as establishing a micro-enterprise, purchasing necessary equipment or tools, investing in skill development courses, or managing working capital for self-employment ventures. The concessional rates make repayment manageable, fostering long-term economic stability and growth for beneficiaries.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The selection process for the Term Loan Scheme- Credit Line 1 for Minority Community typically involves a thorough review of the online application by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam. Applications are assessed based on the applicant's adherence to all eligibility criteria, including age, residency, annual family income, and minority community status. Documentation, including the Parivar Pehchan Patra, is verified. While specific stages like interviews or committee pitches are not detailed, it is understood that eligible applications meeting all requirements will proceed for further processing and eventual sanction of the loan.
Application Process
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Register on Portal
Applicant registers on the Antyodaya-SARAL Portal using basic personal details.
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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.
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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 primary objective of the Term Loan Scheme- Credit Line 1 for Minority Community?
The scheme aims to enhance the employability and promote economic independence of individuals from minority communities in Haryana by providing them with access to financial assistance in the form of concessional term loans.
What is the maximum loan amount available under this scheme?
Individuals from minority communities can avail a maximum loan amount of up to ₹20,00,000 under this scheme.
Who is eligible to apply for this loan?
Applicants must be permanent residents of Haryana, aged between 18 and 55 years, belong to a designated minority community (Muslims, Sikhs, Christians, Buddhists, Parsis, Jains), and have an annual family income not exceeding ₹98,000 (rural) or ₹1,20,000 (urban). Possession of a Parivar Pehchan Patra (PPP ID) is also mandatory.
How can I apply for the Term Loan Scheme?
Applications can be submitted online through the Antyodaya-SARAL Portal. You will need to register on the portal if you are a new user, log in, search for the scheme, and then fill out the application form with your Parivar Pehchan Patra details and upload all required documents.
What kind of activities can the loan be used for?
The loan can be used for various activities aimed at enhancing employability, including setting up micro-enterprises, purchasing equipment, funding vocational training, or managing working capital for self-employment ventures.
