Bank Linked Schemes
The scheme is for individuals who desires to setup self-employment activities where the maximum cost is upto Rs.10.00Lakhs by providing Subsidy. |
The Corporation provides Subsidy as per the following slabs:
Unit Cost |
Subsidy |
Bank Loan |
Upto Rs.1,00,000/- |
80% |
Balance as bank loan |
Rs.1,00,001/- to Rs.2,00,000/- |
70% |
Balance as bank loan |
Rs.2,00,001/- to Rs.10,00,000/- |
60% or limited to Rs.5.00Lakh |
Eligibility
- Should be a Christian
- BC - C Caste Certificate issued by Tahasildar / Transfer Certificate of School to be submitted / Baptism Certificate along with Affidavit (Click Here to download Affidavit Format).
- Age between 21 to 55 years (Any Age proof certificate should be submitted).
- Annual family income below Rs.1.50Lakhs for Rural & Rs.2.00Lakhs for Urban areas. Income Certificate issued by Tahsildar from Meeseva to be submitted.
- Aadhar Card is mandatory.
- One Passport size photograph.
Procedure
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Every beneficiary shall apply online only through MPDOs / District Office of the concerned Mandal / District. Website: tsobmms.cgg.gov.in
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After applying in the portal, the beneficiary should submit the application form and enclosures along with the Bank consent to the concerned MPDO / Municipal Commissioner / District Minorities Welfare Officer (DMWO).
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After getting the approval of the respective District Collector, Subsidy is released from the Head Office (TGCMFC) to the beneficiaries Non-operative SB Account Number directly through proper channel.
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List of Schemes - Click Here
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Last Date for Online Registrations for FY 2019-20 is CLOSED
GOs & Guidelines: