LIDCOM 50% Subsidy Scheme
By Leather Industries Development Corporation (LIDCOM), Government of Maharashtra
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Quick Answer
LIDCOM, Maharashtra gives members of the Scheduled Caste Charmakar community a 50% subsidy, capped at ₹10,000, on business loans of up to ₹50,000.
- Funding amount
- Up to ₹10,000
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Maharashtra
About this subsidy
This scheme is for Charmakar community members in Maharashtra who are economically weak or below the poverty line. It is run and fully funded by the Leather Industries Development Corporation (LIDCOM) of Maharashtra.
You get a 50% subsidy on a loan of up to ₹50,000, with the subsidy capped at ₹10,000. The rest of the bank loan carries interest at existing rates.
You must be an Indian citizen and permanent resident of Maharashtra, aged 18 to 50. Family annual income must not exceed ₹1,00,000. You also need adequate knowledge of the business you want the loan for.
Eligibility
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Subsidy providers
Provider
Leather Industries Development Corporation (LIDCOM), Government of MaharashtraMaharashtra · India
Benefits & Funding
- Amount
- Up to ₹10,000
What You Get
Beneficiaries of the LIDCOM 50% Subsidy Scheme receive a 50% subsidy on a maximum loan amount of ₹50,000, with the subsidy capped at ₹10,000. This direct financial assistance significantly reduces the capital requirement for starting or sustaining a business. While the remaining loan amount from the bank accrues interest as per existing rates, the substantial subsidy component eases the repayment burden for eligible entrepreneurs. This scheme is designed to facilitate access to crucial startup capital, enabling members of the Charmakar community to establish or expand their micro-enterprises. The cash subsidy acts as a critical lever for economic empowerment, directly supporting individual business aspirations within the specified community.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Application Process
- 1
Apply Offline
Collect the application form and submit all required documents in person at designated LIDCOM offices or authorized centers in Maharashtra.
You
How to apply
Four steps from draft to disbursement — one action each.
- 1
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.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
Who is eligible for the LIDCOM 50% Subsidy Scheme?
The scheme is specifically for Indian citizens who are permanent residents of Maharashtra, aged between 18 and 50 years, and belong to the Charmakar community (Dhor, Chambhar, Holar, Mochi, etc.). Their family's annual income must not exceed ₹1,00,000. Additionally, applicants must demonstrate knowledge of the business for which they are seeking the loan.
What is the maximum subsidy amount I can receive?
You can receive a 50% subsidy on a loan amount, with a maximum subsidy limit of ₹10,000. For example, if you take a loan of ₹20,000, you will receive a ₹10,000 subsidy. If you take a loan of ₹50,000, you will still receive a maximum subsidy of ₹10,000.
Is this a loan or a grant?
This is primarily a subsidy scheme on a bank loan. While the subsidy portion (up to ₹10,000) is non-repayable, the underlying loan amount from the bank needs to be repaid with interest as per the bank's terms.
What types of businesses are supported under this scheme?
The scheme aims to support micro-enterprises and small businesses run by individuals from the Charmakar community. While LIDCOM is focused on leather industries, the broader objective is economic upliftment, implying a wide range of traditional and contemporary businesses relevant to the community. Applicants must have knowledge of their chosen business.
Do I need to provide any co-financing?
Yes, since it's a 50% subsidy on a loan, you will be responsible for the remaining 50% of the loan amount, which will be sourced from a bank. This implies a form of co-financing where you manage the loan repayment.
Is there an age limit for applicants?
Yes, applicants must be within the age group of 18 to 50 years at the time of application.
Sources
Data on this page is compiled from official program and provider references.
