The “Term Loan Scheme- Credit Line 1 for Minority Community” is implemented by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam, Government of Haryana. This scheme offers loans of up to ₹20,00,000 at a concessional interest rate to individuals from minority communities, aiming to enhance their employability. It targets applicants with an annual family income of up to ₹98,000 in rural areas and ₹1,20,000 in urban areas. To be eligible, applicants must be permanent residents of Haryana and belong to one of the recognized minority communities: Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains. A valid Parivar Pehchan Patra (PPP ID) is also required.
Benefits
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Loan Amount:
Provides loans of up to ₹20,00,000 at a concessional interest rate. -
Employment Enhancement:
The scheme is designed to boost employability and support entrepreneurial activities among minority communities. -
Concessional Interest:
The attractive interest rate helps reduce the cost of credit and facilitates financial inclusion.
Eligibility
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Residency:
Applicants must be permanent residents of Haryana. -
Age:
The applicant’s age should be between 18 and 55 years. -
Income:
The annual family income must not exceed:- ₹98,000 for rural areas.
- ₹1,20,000 for urban areas.
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Community:
The applicant must belong to a minority community (Muslims, Sikhs, Christians, Buddhists, Parsis, or Jains). -
Identification:
A valid Parivar Pehchan Patra (PPP ID) is mandatory.
Application Process
Online via the Antyodaya-SARAL Portal
Registration Process:
- Access Portal:
Visit the Official Antyodaya-SARAL Portal. - New User Registration:
If not registered, click “New User” under ‘Sign In Here’ and fill in the mandatory details (Name, Email ID, Mobile Number, Password, and State). Click “Submit.” - OTP Verification:
Verify your mobile number and email ID via the OTP received, completing the registration process.
Login and Application:
- Login:
Log in to the portal using your registered email ID and password. - Apply for Services:
Click on “Apply for Services” and then “View all Available Services.” - Select Scheme:
Search for the “Term Loan Scheme- Credit Line 1 for Minority Community” and click to access the application form. - Enter PPP ID:
Enter your Parivar Pehchan Patra number (Family ID) and click “Click here to Fetch Family Data” to display the registered family members. - Verification:
Select the beneficiary/applicant, enter the OTP sent to the family member for verification, and click “Click to Verify.” - Fill & Upload:
Complete the application form by filling in all mandatory details and uploading the required documents. - Submit:
Preview the application form and click “Submit.”
Tracking of Application:
- Track Status:
Applicants can track their application by entering the Department Name, Scheme Name, and Application Reference ID on the Antyodaya-SARAL Portal.
Documents Required
- Identity/Citizenship Proof (e.g., Aadhaar Card)
- Proof of Age
- Resident/Address Proof or Haryana Domicile Certificate
- Caste/Religion/Community Proof
- Parivar Pehchan Patra (PPP ID)
- Copy of PAN Card
- Passport-sized Photograph
- Bank Account Details
- Any additional documents as required
Frequently Asked Questions
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What is the maximum loan amount available under this scheme?
Up to ₹20,00,000/-. -
Which minority communities are recognized under this scheme?
Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains. -
What is the age limit for applicants?
Applicants must be between 18 and 55 years of age. -
What is the income eligibility criteria for rural areas?
Annual family income should not exceed ₹98,000/-. -
What is the income eligibility criteria for urban areas?
Annual family income should not exceed ₹1,20,000/-. -
Do applicants need to be permanent residents of Haryana?
Yes, only permanent residents of Haryana are eligible. -
How can one apply for this loan?
Applications are submitted online via the Antyodaya-SARAL Portal. -
Can applications be tracked online?
Yes, by entering the Department Name, Scheme Name, and Application Reference ID on the portal.