| Scheme | Term Loan Scheme |
| Department | Maharashtra Department of Social Justice & Special Assistance [SJSA] |
| Eligibility | SC Charmakar |
| Application Mode | Offline |
| Financial Assistance | Term Loan from Rs.1,00,000/- to Rs.2,50,000/- to various schemes. |
| Official Website | https://sjsa.maharashtra.gov.in/en/schemes-page |
SJSA Maharashtra Term Loan Scheme
The main object of the Corporation is to implement various schemes to uplift lifestyle of Charmakars (Dhor, Chambhar, Holar,Mochi etc.) who are economically weak and below poverty line and with an intention to develop them educationally, economically and socially so as to give them respectable place in Society. Also production of various types of Footwear & Leather Articles & supply to Government Departments & sale in Open Market.
Eligibility Criteria of SJSA Maharashtra Term Loan Scheme
• Applicant must be of Charmakar Community only.
• Age Limit should be in between 18 to 50 years
• For 50% Subsidy Scheme and Margin Money, Annual Income of the applicants must be below poverty line and for NSFDC Scheme, income for Rural area should be below 98,000/- and for Urban Rs.1,20,000/-.
• Applicants must be permanent resident of Maharashtra State.
• He must produce the Income and Caste Certificate of Authorised Govt.Officer.
• Applicant must have a knowledge of the business for which he has applied for loan.
Benefits of SJSA Maharashtra Term Loan Scheme
• Corporation is implementing the Term Loan Scheme of NSFDC , New Delhi from the year 2002-03.
• For implementing the said Schemes, Govt.of Maharashtra has given Govt. Guarantee for Rs.15 Crores in the year 2001-02 and now Government has given Guarantee of Rs.31.15 Crores in the year 2014-15.
• Under the Term Loan Scheme,Corporation are disbursing the loan for the purpose of various business to the beneficiaries of Charmakar Community.
• NSFDC is providing Term Loan from Rs.1,00,000/- to Rs.2,50,000/- to various schemes. Also there are different limits for Vehicle Loans.
• Term Loan of 75% of the Project Coast is Sanctioned by NSFDC, Corporation is giving 20% Seed Loan & Rs.10,000/- as subsidy and remaining 5% is contribution of the beneficiary.
• NSFDC is charging interest @7% p.a. on its loan & Corporation is charging 4% p.a.
• For term loans above Rs.5,00,000/- NSFDC is charging interest @8% p.a. and Corporation is charging interest @ 4% p.a.
• Term Loan installment is payable every month for a period up to 60 months.
Application of SJSA Maharashtra Term Loan Scheme
Application form is available at District Office of LIDCOM. Applicant must fill form and submit to District Office of LIDCOM
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