Under this Scheme, loan will be provided to minority traditional artisans to improve their artistic and technical skill to start or improve their trade. A loan upto Rs.50,000/- (maximum) at a low rate of interest will be provided. Out of this. 50% will be considered a s ‘back end subsidy’ to the beneficiary. In case the beneficiary repays 50% of the loan sanctioned within the specified period of 36 months.
1. The
applicant should belong to religious minority community as defined in the
government order.
2. They
should be permanent residents of Karnataka State.
3. They
should produce Aadhar Card, Voter ID, Ration Card for residence proof.
4. Annual
family income from all sources should not exceed Rs. 8.00 Lakhs.
5. The age
of the applicant should be between 18 to 55 years.