About this banking scheme
Under this scheme, the Corporation provides loans to individuals from Below Poverty Line (BPL) families, whose annual family income does not exceed Rs. 1,80,000/-, in both rural and urban areas for purchasing animal-driven carts such as Jhota Buggis, camel carts, and mule carts.
The scheme "Jhota Buggi/Camel/Mule Cart" is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) in collaboration with the bank tie-up schemes. The HSFDC is a Company registered under the Companies Act, 1956 on 02.01.1971. It is a wholly Government-owned Corporation with a 51% share of the State Government and a 49% share of the Government of India.
Under this scheme, the Corporation provides loans to individuals from Below Poverty Line (BPL) families, whose annual family income does not exceed Rs. 1,80,000/-, in both rural and urban areas for purchasing animal-driven carts such as Jhota Buggis, camel carts, and mule carts. The scheme provides a subsidy of 50% of the total cost, with a maximum subsidy amount of Rs. 10,000/-.
Benefits at a glance
| Scheme name | Jhota Buggi/Camel/Mule Cart Scheme (HSFDC) (JBCMCSHSFDC) |
|---|---|
| Launched by | Welfare of Scheduled Caste & Backward Classes Department |
| Benefit type | Cash (money paid to your bank account) |
| Category | Banking |
| Level / State | State · Haryana |
| Official portal | hscfdc.org.in (link at the end of this page) |
Key facts
| Implementing agency | Haryana Scheduled Castes Finance And Development Corporation |
|---|---|
| Scheme for | Infra |
| Application mode | Online / Offline |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
| Family income limit | Up to Rs. 1.8 lakh per year |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18 to 80 years
- 🏷️SC
- 💰Income Rs. 1.8 lakh tak
- 🍚BPL only
- 📝Online / Offline
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
Project Cost Ceiling:
- Up to Rs. 1,50,000 /-.
Subsidy:
- Subsidy @ 50% of the total project cost (Maximum amount of subsidy is Rs. 10,000/-)
Bank Loan:
- Besides subsidy, the composite loan i.e. subsidy, and the balance amount of the bank loan is provided by the banks to the seller of the assets on behalf of the beneficiaries.
Interest criteria for the loan amount recoverable by HSFDC:
| Upto Amount (Rs. ) | Interest % P.A. | Penal Interest % P.A. |
| Rs. 1,50,000 /- | 4 | 4 |
| Interest Starts on | Penalty Start After | Principal Recovery Starts After | Installment Starts After | Installment Period |
| Same Day | 180 Days | 360 Days | 180 Days |
Who qualifies
- The applicant should be a resident of Haryana.
- The applicant should belong to the Scheduled Caste Category.
- The applicant should belong to the Below Poverty Line (BPL) family.
- The applicant's annual family income should not exceed Rs. 1,80,000/- in both rural and urban areas.
- The applicant's annual family income should not exceed the BPL limit.
- The applicant's name should be included in the BPL Survey List.
Note: The eligibility of the applicant is verified by the field staff before sponsoring the same to the bank for sanction.
Who is not eligible
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Registration walkthrough
Online
Registration Process on Haryana Scheduled Castes Finance and Development Corporation:
Step 1: Visit the official website of Haryana Scheduled Castes Finance and Development Corporation and select the scheme under ‘Bank Tie-up Scheme’.
Step 2: Click on "Apply for Loan" to begin the registration process.
Step 3: Fill in your details, including your name, Aadhaar number, email, mobile number, and captcha code, then click "Register".
Step 4: Enter the OTP sent to your mobile and click "Submit".
Step 5: The application form will open.
Step 6: Enter your details and upload the required documents.
Step 7: Click "Submit" to complete your application, and you will receive your user ID and password.
Login to apply for the scheme:
Step 1: Visit the official website of the Haryana Scheduled Castes Finance and Development Corporation and on the home page, click on ‘Login’ option.
Step 2: Enter your user ID/Username, password, and captcha code.
Step 3: Click "Login".
Step 4: Once logged in, the dashboard will open in front of you Click on "Edit Profile".
Step 5: Fill in surety details, upload required documents, and update other details.
Step 6: Click "Final Submit".
Step 7: After submitting, you can print out your application for your reference.
Offline
The Corporation also collects/fills up loan applications in credit camps, Open Darbars and other functions organized under the supervision of Deputy Commissioners/Additional Deputy Commissioners.
Frequently asked questions
Who is eligible for this scheme?
Residents of Haryana who belong to the Scheduled Caste category and Below Poverty Line (BPL) families with an annual income not exceeding Rs. 1,80,000/-.
What is the maximum loan amount provided under this scheme?
The scheme offers loan assistance of up to Rs. 1,50,000/-.
Is there any subsidy provided under this scheme?
Yes, a subsidy of 50% of the total project cost is provided, with a maximum subsidy amount of Rs. 10,000/-.
How is the loan amount disbursed?
The composite loan, which includes the subsidy and the balance amount of the bank loan, is provided by the banks to the seller of the assets on behalf of the beneficiaries.
Can urban residents apply for this scheme?
Yes, both rural and urban residents who meet the eligibility criteria can apply.
What is the source of funding for this scheme?
The funding is provided by banks in collaboration with HSFDC.
Is there any interest rate applicable on the loan?
The interest rate of 4% is applicable on the loan.
How can I apply for this scheme?
You can apply by visiting the official website of the Haryana Scheduled Castes Finance and Development Corporation at https://hscfdc.org.in/appreg.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Official Website hscfdc.org.in
- HSFDC Details haryanascbc.gov.in
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
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