Sikkim Grant of Scholarship to Students with Disabilities Scheme 2026

This Haryana government scheme provides financial support through loans to Scheduled Caste individuals from Below Poverty Line Read More... families, helping them start or grow their own professions. Read less

Details

Looking for a boost to start your own venture or excel in your profession? The Haryana Scheduled Castes Finance and Development Corporation (HSFDC) brings you the Professional and Self Employment Scheme. This initiative is designed to empower Scheduled Caste individuals to become self-reliant and build successful careers.

What is the Professional and Self Employment Scheme?

Implemented by HSFDC, this scheme focuses on providing financial assistance to eligible individuals to support self-employment. It’s a joint effort with banks to offer loans for professional pursuits. HSFDC, a government-owned corporation, aims to uplift the Scheduled Caste community through various economic empowerment programs.

Who is this scheme for?

This scheme is specifically for residents of Haryana who belong to the Scheduled Caste category. You must be from a Below Poverty Line (BPL) family and your annual family income should not exceed ₹1,80,000/-, whether you live in a rural or urban area. Your name should also be listed in the BPL Survey List.

Why is this scheme important?

The scheme is crucial for providing a pathway to economic independence for Scheduled Caste individuals. It encourages entrepreneurship and professional development in fields like law, accountancy, and medicine, contributing to the overall economic growth and social upliftment of the community.

Objective

This Haryana government scheme provides financial support through loans to Scheduled Caste individuals from Below Poverty Line families, helping them start or grow their own professions.

Benefits

Financial assistance for academic education and technical/professional training.

Coverage of expenses including cash incentives, books, stationery, uniforms, and allowances.

Support for students pursuing education within or outside Sikkim, but within India.

Note:The scholarship will be disbursed through the Direct Benefit Transfer Scheme or any other decided mode.

Sources and references

Guidelines

Who Can Apply?

You must be a resident of Haryana.
You need to belong to the Scheduled Caste category.
Your family must be identified as Below Poverty Line (BPL).
Your annual family income should not be more than ₹1,80,000/-, whether you are from a rural or urban area.
Your name must be included in the official BPL Survey List.

Important Note: The HSFDC field staff will check your eligibility before forwarding your application to the bank.

How to Apply

You can apply for this scheme through the official Haryana Scheduled Castes Finance and Development Corporation website. Here’s how:

Visit the HSFDC website: https://hscfdc.org.in/appreg
Fill out the application form with accurate details.
Upload all the required documents.
Submit the application.

Your eligibility will be verified by the field staff of HSFDC before your application is sent to the bank for approval.

Documents You'll Need

Aadhaar Card
Recent Passport-size photograph
Ration Card
Voter Card or any other valid identity proof
Scheduled Caste Certificate
BPL Card or any document proving BPL status
Proof of your income
Any other documents as specified by the authorities

FAQ’s

What's the highest amount a project can cost under this scheme?

The maximum cost for a project supported by this scheme is up to ₹1,50,000/-.

Can someone living in a city apply for this scheme?

Yes, absolutely! The scheme is open to eligible individuals from both rural and urban areas within Haryana.

How much subsidy will I get if my project costs ₹25,000?

You will receive a subsidy of 50% of the project cost. For a ₹25,000 project, this would be ₹12,500. However, the maximum subsidy is capped at ₹10,000/-. So, you will receive ₹10,000 as subsidy.

Does this scheme help with professional fields like law or medicine?

Yes, the scheme is designed to support various self-employment activities, including professions like legal practice, Chartered Accountancy, medical practice, and other similar viable professional ventures.

Is there a specific interest rate on the loan that HSFDC manages?

Yes, for the portion of the loan managed by HSFDC, the interest rate is 4% per annum for amounts up to ₹15,000/-. Penal interest is also 4% per annum.

Who is responsible for implementing the Professional and Self Employment Scheme?

This scheme is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC), working together with banks.

What is the income limit for a family to be eligible?

Your family's annual income must not exceed ₹1,80,000/- to qualify for this scheme.

How does the 'margin money' work in this scheme?

Margin money is provided by HSFDC, covering 10% of your project cost. This amount carries a very low interest rate of 4% per annum.

Is this scheme available for Scheduled Castes only?

Yes, this scheme is exclusively for individuals who belong to the Scheduled Caste category.

How is the loan amount from the bank decided?

The bank loan covers the remaining amount after the subsidy and margin money are accounted for. The interest on this bank loan is determined by the bank's standard lending policies.

How does HSFDC check if I'm eligible?

Before your application is sent to the bank, the field staff of HSFDC will conduct a verification of your eligibility.