Govt. Sponsored Scheme SVSKP:
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Purpose: |
Self employment in the rural area through promotion of tiny scale units of production , manufacturing, trade, service or any sector including agro based industries, floriculture,horticulture. Animal husbandry etc. |
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Eligibility: |
An individual entrepreneur or group of entrepreneur Preferably registered with any employment exchange of the state and whose family income does not exceed Rs.15000.00 |
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Quantum of Loan: |
As per scheme |
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Rate of Interest: |
MCLR+1% uptoRs. 3 lac ; |
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Repayment: |
60 EMI in term loan and in case of cash credit the repayment will be made within 1 year and onward it subject to renew/review. |
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Subsidy: |
The state govt. shall provided a subsidy of 20% of project cost in case of individual scheme Maximum of Rs, 50000/- and Rs. 125000/- in case of Group scheme. |