Bank Loan Processing Fee Reimbursement Scheme

• Reimbursement of up to 80% of processing fees or Rs. 1,00,000, whichever is lower (excluding GST and taxes).

The reimbursement is provided after the disbursement of business loans in a financial year, allowing multiple claims within the limit.

• Belong to the Scheduled Caste (SC) or Scheduled Tribe (ST) category.
• Own or represent a Micro or Small Enterprise (MSE).
• Have taken loans from Scheduled Commercial Banks, Non-Banking Finance Companies (NBFCs), or State Finance Corporations.

• No specific exclusions mentioned, but those not in SC/ST categories are not eligible.

• Self-certified copy of Udyam Registration (UR) & GST (if applicable).
• PAN Card of the proprietor or SC/ST proprietor.
• Copy of Caste Certificate for the proprietor/partners/directors.
• Details of shareholding for partnerships or companies.
• Copy of Partnership Deed or Memorandum and Articles of Association.
• Bank attested debit statement showing processing fee and loan details.
• Loan sanction letter and bank statement confirming loan disbursement.
• Cancelled Cheque from the enterprise's current account.

1. Visit the official portal of the National SC-ST Hub.
2. Click on the scheme name and select 'Sign Up' to register.
3. Fill in your details like name, email ID, and mobile number.
4. Create a password and complete the registration.
5. Log in with your credentials and fill in the required details to submit your application.

To check your application or payment status, log in to the portal using your registered credentials. You can also contact the helpline for assistance.

Example 1: Raj is an SC entrepreneur who owns a small manufacturing unit. He took a loan from a bank and is eligible for reimbursement of processing fees.

Example 2: Priya is an ST business owner who applied for a loan from an NBFC. She qualifies for the scheme because she meets all eligibility criteria.

Example 3: Ravi, who is not from SC/ST categories, applied for the scheme. He is not eligible because he does not belong to the required caste categories.

• Not providing a valid caste certificate can lead to rejection.
• Missing documents like loan sanction letters can cause delays.
• Incorrect details in the application form may result in disqualification.
• Submitting applications without Udyam Registration can lead to rejection.
• Failing to provide proof of loan disbursement can affect the claim.
• Not following the online application steps correctly can cause issues.