Youth Startup Loan Scheme (Under SKEWPY)
By Labour & Employment Department, J&K
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Quick Answer
Loan scheme for unemployed youth in J&K providing up to ₹8,00,000 at 6% simple interest, covering 90% of project cost with mandatory three-week training.
- Funding amount
- Up to ₹8L
- Funding type
- Debt
- Application deadline
- —
- Location
- Jammu and Kashmir
Results & next round
Applications for this round are closed. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by Labour & Employment Department, J&K. Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this loan
The Youth Startup Loan Scheme, under the Sher-i-Kashmir Employment & Welfare Programme for Youth (SKEWPY), provides financial assistance in the form of soft loans to unemployed youth in Jammu and Kashmir to establish new enterprises. Projects with an investment of up to ₹8.00 lacs are considered for financing with 90% as loan and 10% beneficiary contribution. For higher investment projects, the loan component is capped at ₹8.00 lacs.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
The Labour and Employment Department of Jammu and Kashmir runs state-backed schemes for people who want to start their own enterprises in the Union Territory. Its programmes cover seed money, soft and low-interest loans, a credit guarantee for agriculture, and Mission YUVA, a…
Learn moreBenefits & Funding
- Amount
- Up to ₹8L
- Fund type
- Debt
- Repayment
- Repayable
What You Get
Loan component up to ₹8,00,000 at 6% simple interest, covering 90% of the project cost. Beneficiary must contribute 10% of the project cost. Mandatory three-week training is provided.
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
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the interest rate?
6% simple interest per annum.
What is the maximum loan amount?
Up to ₹8,00,000, covering 90% of the project cost; the beneficiary must contribute the remaining 10%.
Who is eligible?
Unemployed youth domiciled in Jammu & Kashmir, aged 18–40 (42 for differently abled), with 10+2 or higher education, registered with the District Employment & Counseling Center, and must be a first-generation entrepreneur without prior subsidies under other state/central schemes.
Is training mandatory?
Yes, all beneficiaries must undergo a mandatory three-week training programme.
Sources
Data on this page is compiled from official program and provider references.
News
- J&K Bank drives youth empowerment with 3,100+ disbursements in 'Big Week' blitzknskashmir.com · last month
Source: Google News aggregated
