AI SummaryJhota Buggi/Camel/Mule Cart Scheme (HSFDC) supports eligible families from the Scheduled Caste community by providing financial support to purchase animal-driven carts. Haryana Scheduled Castes Finance and Development Corporation (HSFDC) runs this scheme for people living below the poverty line in both rural and urban areas who want to start a small transport business.
As per the latest update on the official HSFDC website, the bank tie-up loan schemes under which this support is given are not accepting fresh applications at present. HSFDC is directing loan applicants to the Antyodaya Saral portal for new loan requests. The scheme details below are shared for reference and to help people understand how the support works.
Jhota Buggi/Camel/Mule Cart Scheme - Overview
Jhota Buggi/Camel/Mule Cart Scheme helps people move into self-employment by covering the cost of buying traditional carts. A person from a Scheduled Caste family facing money problems can use this support to buy a cart and start earning. HSFDC manages the scheme for families with an annual income below ₹1,80,000.
The scheme works through a bank tie-up model. The government provides a subsidy and gives access to bank loans, which makes it easier to manage the project cost. Banks release the composite loan amount directly to the asset seller on behalf of the applicant.
Key Information
| Scheme Name | Jhota Buggi/Camel/Mule Cart Scheme (HSFDC) |
|---|---|
| Level | State |
| Beneficiary State | Haryana |
| Category | Banking, Financial Services and Insurance, Business and Entrepreneurship |
| Target Beneficiaries | Individuals from Scheduled Caste BPL families |
| Sub Category | Loan |
| Benefit Type | Cash |
| Nodal Department | Welfare of Scheduled Caste and Backward Classes Department |
| Implementing Agency | Haryana Scheduled Castes Finance And Development Corporation |
Benefits
This scheme provides a base for a new business with structured financial support. A person can get support for a project cost up to ₹1,50,000. From this, the government provides a subsidy of 50% of the total project cost, capped at a maximum of ₹10,000. Banks manage the remaining balance through a composite loan, which they pay directly to the asset seller.
| Details | Terms |
|---|---|
| Loan Interest Rate | 4% P.A. |
| Penal Interest | 4% P.A. |
| Installment Period | 180 Days |
| Repayment Start Time | 360 Days |
To put this into perspective, if a person buys a cart for ₹80,000, the scheme provides a subsidy of ₹10,000, and the remaining ₹70,000 is covered through a bank loan.
Eligibility
To be eligible for this support, a person should meet the following criteria:
- Should be a permanent resident of Haryana.
- Must belong to the Scheduled Caste category.
- Family must be classified as living below the poverty line.
- Total annual family income should not exceed ₹1,80,000.
- Name must officially appear in the BPL survey list.
Field staff verify all details before the application is sent to the bank for final approval.
Application Process
Since the bank tie-up schemes are not accepting fresh applications at present, new applicants are being directed to the Antyodaya Saral portal. When the scheme reopens, the following steps apply for applying online:
STEP 1 - Visit the official HSFDC website and find the Bank Tie-up Scheme section.
STEP 2 - Click on the Apply for Loan button and complete the registration using the Aadhaar number, name, and contact details.
STEP 3 - Verify the mobile number using the OTP received.
STEP 4 - Log in to the dashboard to enter profile details and upload all required documents.
STEP 5 - Review the application and click Final Submit. Always print a copy for personal records.
For offline help, people can visit the credit camps, open darbars, or official functions hosted by the local Deputy Commissioner or Additional Deputy Commissioner. They will help fill out and submit the loan application manually.
Documents
Please keep a digital or physical copy of the following documents ready for the application:
- Aadhaar Card
- Recent passport-size photograph
- Ration Card
- Voter ID or valid address proof
- Scheduled Caste Certificate
- BPL Card or official BPL proof
- Proof of income
References
For further information, these official portals can be visited:
FAQ's
Is the Jhota Buggi Cart Scheme active now?
As per the official HSFDC website, the bank tie-up loan schemes are not accepting fresh applications at present. New loan applicants are being directed to the Antyodaya Saral portal.
Who is eligible for this scheme?
A person is eligible if they are a resident of Haryana from the Scheduled Caste category, fall under the BPL category, and have an annual family income of ₹1,80,000 or less.
What is the maximum loan amount provided under this scheme?
The scheme provides loan support for projects costing up to ₹1,50,000.
Is there any subsidy available?
Yes, a subsidy of 50% of the project cost is given, up to a maximum limit of ₹10,000.
How is the loan disbursed?
Banks release the composite loan amount, including the subsidy, directly to the seller of the asset on behalf of the applicant.
Can urban residents apply?
Yes, the scheme is open to eligible applicants in both rural and urban areas.
What is the interest rate?
An interest rate of 4% P.A. is applicable to the loan amount.