About this banking scheme
Under this scheme, the Corporation provides loans/benefits to individuals from BPL families, whose annual family income does not exceed Rs. 1,80,000/-, in both rural & urban areas for various self-employment income-generating activities such as running a stationery shop, kiryana shop, cloth shop, etc.
The scheme "Trade and Business Sector" 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/benefits 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 various self-employment income-generating activities such as running a stationery shop, kiryana shop, cloth shop, tea shop, auto repair shop, kabadi shop, fruit shop, beauty parlour, tent house, band party, or any other viable activities.
Benefits at a glance
| Scheme name | Trade and Business Sector Scheme (HSFDC) (TBSSHSFDC) |
|---|---|
| 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 | Individual |
| 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/-)
Margin Money:
- The Corporation provides margin money @ 10% of the project cost.
- Margin money is provided @ 4% interest per annum.
- The interest on bank loans is charged by the banks at their lending policies.
Bank Loan:
- Besides subsidy and margin money, the composite loan i.e. subsidy and margin money, 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. |
| 15,000/- | 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 bank for sanction.
Who is not eligible
<br>
Papers to keep ready
0/8 documents ready
Tap a document to mark it as ready. Progress is saved on this device.
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 supervision of Deputy Commissioners/Additional Deputy Commissioners.
Frequently asked questions
Who implements the "Trade and Business Sector" scheme?
The scheme is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) in collaboration with bank tie-up schemes.
What is the maximum project cost under the scheme?
The project cost ceiling is up to Rs. 1,50,000/-.
What are the income-generating activities supported by this scheme?
The scheme supports activities such as running a stationery shop, kiryana shop, cloth shop, tea shop, auto repair shop, kabadi shop, fruit shop, beauty parlour, tent house, band party, or any other viable activities.
Is the scheme available to non-scheduled caste individuals?
No, the scheme is specifically designed for individuals belonging to the Scheduled Caste category.
How much subsidy is provided under the scheme?
A subsidy of 50% of the total project cost is provided, with a maximum amount of Rs. 10,000/-.
What is margin money and how is it provided?
Margin money is provided at 10% of the project cost at an interest rate of 4% per annum.
Who is eligible for the scheme?
Eligibility criteria include being a resident of Haryana, belonging to the Scheduled Caste Category, being part of a Below Poverty Line (BPL) family, and having an annual family income not exceeding Rs. 1,80,000/-.
What is the income limit for eligibility under this scheme?
The applicant's annual family income should not exceed Rs. 1,80,000/- in both rural and urban areas.
What verification is required for the eligibility of the applicant?
The eligibility of the applicant is verified by field staff before sponsoring the application to the bank for sanction.
How can one apply for the scheme?
Applicants can visit the official website of Haryana Scheduled Castes Finance and Development Corporation at https://hscfdc.org.in/appreg to apply.
Can applicants from urban areas apply for this scheme?
Yes, applicants from both rural and urban areas can apply, provided they meet the eligibility criteria.
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.
Explore more
