State Schemes for MSMEs
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Scheme Name: Bank linked schemes
State: Telangana
Description of the Scheme: Individuals who desires to setup self-employment activities where the maximum cost is up to Rs.10 lakhs by providing subsidy.
Target group :
Sector of the Scheme:
Eligibility Criteria:
- BC - C Caste Certificate issued by Tahasildar / Transfer Certificate of School to be submitted / Baptism Certificate along with Affidavit (Click Here to download Affidavit Format).
- Age between 21 to 55 years (Any Age proof certificate should be submitted).
- Annual family income below Rs.1.50Lakhs for Rural & Rs.2.00Lakhs for Urban areas. Income Certificate issued by Tahsildar from Meeseva to be submitted.
Nature & Mode of Assistance:
Corporation provides subsidy as per the following slabs:
|
Unit cost |
Subsidy |
Bank loan / Beneficiary contribution |
|
Up to Rs.50,000 |
100% |
Nil |
|
Rs.50,001 to Rs.1,00,000 |
80% |
Balance as bank loan (or) Beneficiary contribution |
|
Rs.1,00,001 to Rs.2,00,000 |
70% |
Balance as bank loan |
|
Rs.2,00,001 to Rs.10,00,000 |
60% or limited to Rs.5.lakh |
"Financial Information (Subsidy, low interest rate, etc.)":
"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":
How to apply:
Online only through MPDOs / District Office of the concerned Mandal / District. Website: tsobmms.cgg.gov.in
Whom to Contact:
Telangana State Christian Minorities Finance Corporation