Term Loan under NSKFDC helps Safai Karamcharis and their dependents in Haryana start their own businesses by providing financial support up to ₹15,00,000 for viable income-generating activities. This scheme is made for individuals aged 18 to 55 who want to become self-employed and improve their financial independence. Applications for 2026-27 remain open through the official Haryana portals.
The loan is offered through the National Safai Karamcharis Finance and Development Corporation (NSKFDC) and is delivered in Haryana by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC). It covers many small businesses such as auto repair shops, beauty parlors, carpentry workshops, grocery stores, cyber cafes and tailoring units.
Term Loan under NSKFDC - Introduction
Term Loan under NSKFDC provides money help to Safai Karamcharis and their dependents to start income-generating ventures, with a maximum funding of ₹15,00,000 per beneficiary. Anyone aged between 18 and 55 can apply for this support to grow a small business.
HSFDC manages this scheme in partnership with NSKFDC. HSFDC, established on 02.01.1971, is a government-owned corporation that works to give economic opportunities to underserved communities in Haryana. The loan can be used for many activities, including a grocery shop, a tailoring business or a small repair unit.
Key Information
| Detail | Information |
|---|---|
| Scheme Name | Term Loan under NSKFDC |
| Level | State |
| Scheme For | Individual |
| Beneficiary States | Haryana |
| Category | Business and Entrepreneurship, Banking, Financial Services and Insurance |
| 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 offers strong financial support to help eligible people reach their business goals. The loan amount and repayment terms are set clearly so applicants know what to expect.
Project Funding Support:
| Metric | Details |
|---|---|
| Loan Amount Range | ₹10,000 to ₹15,00,000 |
| Maximum Project Cost | ₹15,00,000 |
| Margin Money | 10% of project cost |
| Subsidy | 50% of total project cost (max ₹10,000 for BPL families) |
Loan Recovery Details:
| Fee Category | Rate |
|---|---|
| Interest Rate | 6% per annum |
| Penal Interest | 4% per annum |
Repayment of the principal amount should start after 120 days from the loan sanction date. The interest rate is kept low so that small business owners can repay the amount without much difficulty.
Eligibility
To qualify for this money help, applicants should meet the following requirements:
- Applicant should be a permanent resident of Haryana.
- Applicant should be aged between 18 and 55 years.
- Applicant should be a Safai Karamchari or a dependent of a Safai Karamchari.
- There is no specific income limit to apply for this funding.
The Safai Karamchari certificate should be obtained from a gazetted officer, an elected municipal member, or the local Gram Panchayat Pradhan to confirm the status. This certificate is a key document for the application.
Application Process
Applicants can apply online through the official Haryana portals. The steps below explain how to complete the online application smoothly.
STEP 1 - Visit the Antyodaya-SARAL Portal and open the General Term Loan service page for NSKFDC assisted schemes.
STEP 2 - If a new user, register on the portal and complete the verification using the OTP sent to the registered mobile number.
STEP 3 - Log in, search for the scheme under "Apply for Services", and fill in the required fields with correct details.
STEP 4 - Upload the required documents, preview the details, and click "Submit" to send the application.
District managers verify the application to make sure the information is genuine before it is sent to NSKFDC for final approval. Applicants can also apply through the kiosk mode available at the service centers.
Documents
Applicants should keep the following files ready before starting the online application:
- Aadhaar Card.
- Relevant qualification and experience certificates.
- A detailed project report (for loans above ₹1,00,000).
- Ration Card.
- Safai Karamchari certificate issued by a competent authority.
- A valid driving license (must be at least two years old if applying for a vehicle loan).
References
General Term Loan Service Page | Scheme Details | Antyodaya-SARAL Portal
FAQ's
Who implements the scheme?
Haryana Scheduled Castes Finance and Development Corporation (HSFDC) manages the scheme in collaboration with National Safai Karamcharis Finance and Development Corporation (NSKFDC).
What is the maximum loan amount per beneficiary?
The maximum loan amount is ₹15,00,000 per beneficiary.
What types of income-generating activities are covered?
The loan can be used for businesses like auto repair shops, beauty parlors, electrical workshops, tailoring, grocery shops and similar income-generating ventures.
What is the age requirement for applicants?
Applicants should be between 18 and 55 years of age.
Who is eligible to apply for the loan?
Any permanent resident of Haryana who is a Safai Karamchari or their dependent is eligible.
Is there an income limit for applicants?
No, there is no income restriction for this scheme.
Is there a subsidy provided under the scheme?
Yes, a 50% subsidy on the project cost (up to ₹10,000) is available for those living below the poverty line.
How to apply for the loan?
Applicants should apply online through the Antyodaya-SARAL Portal or the HSFDC service page.
What happens after submitting the loan application?
Local district managers verify the application details and then forward eligible cases to NSKFDC for final sanctioning.