 |
 |
 |
 |
 |
 |
 |
 |
 |
| Home>Finance Schemes >Bank Tie-up Scheme |
The Corporation is providing Loans in collaboration with leading Banks for the Economic up-liftment of the members of the Scheduled Castes in the State of Punjab.  BANK TIE UP SCHEME |
Under this scheme, Loans are arranged through banks and subsidy is provided by the Corporation. The maximum loan including subsidy is Rs.35000/-.
ELIGIBILITY:
Persons belonging to scheduled castes living below poverty line are eligible under this scheme. (For rural areas 20000/
P.A. and for urban areas Rs. 27500/- P.A. per family)
FUNDING PATTERN:
The maximum loan including subsidy upto Rs.35000/- is provided by the banks as per the norms fixed by NABARD.
SUBSIDY:
Capital subsidy upto 50% of the total amount subject to
maximum of Rs.10000/-.
maximum of Rs.10000/-.
SOURCES OF FUNDS:-
Subsidy:
Subsidy is provided by Govt. of India out of SCA.
Loan:
The entire loan amount is arranged from various banks operating in the State.
Rate of interest changed by the Banks as per RBI guidelines.
Procedure for taking loan:
Applicants desirous of availing loan can apply on the prescribed application form specified for the scheme, available at the District offices free of cost. There after application complete in all respect is to be submitted in the District office Then the District Manager sponsor the application to the concerned bank branch for joint verification .Cases are sanctioned & subsidy is claimed by the banks. Then these cases are referred to the District level committee chaired by the ADC. The loan is disbursed to the beneficiaries by the banks along with subsidy.
S.No |
Name of the Scheme |
Max. Loan Limit |
|---|---|---|
1 |
Poultry Farming |
35000 |
2 |
Pig keeping |
35000 |
3 |
Sheep/Goat Keeping |
35000 |
>
4 |
Land Levelling |
35000 |
5 |
Bullock purchase |
35000 |
6 |
Leather tanning/Leather hide & Bone business |
35000 |
7 |
Shoes making/other leather goods |
35000 |
8 |
Soap making |
35000 |
9 |
Karyana shop/Stationary book shop |
35000 |
10 |
Cycle spare shop |
35000 |
11 |
Kabaria shop |
35000 |
12 |
Ration Depot & other fair price shop |
35000 |
13 |
Wooden cart with bullock/carriage cart (Animal Driven) |
35000 |
14 |
Printing Shop |
35000 |
15 |
Dairy Farming |
35000 |
16 |
Tea Stall |
35000 |
17 |
Vegetable shop |
35000 |
18 |
Selling of cloth by Rehri |
35000 |
19 |
Bakery Shop |
35000 |
20 |
Meat Shop |
35000 |
21 |
Cycle/Rickshaw |
35000 |
22 |
Farm Shed |
35000 |
23 |
Hath Khaddi |
35000 |
