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Micro Credit Finance Scheme under NSKFDC: Empowering Safai Karamcharis in Haryana

Arjan Patel 9 mins0

The Micro Credit Finance Scheme, implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) in collaboration with the National Safai Karamcharis Finance & Development Corporation (NSKFDC), is a transformative initiative aimed at uplifting Safai Karamcharis and their dependents. This scheme provides financial assistance for small-scale businesses and income-generating activities, enabling beneficiaries to achieve economic self-reliance and improve their quality of life.

Key Highlights of the Scheme

  • Loan Amount: Up to ₹1,00,000/- per beneficiary.
  • Margin Money: 10% of the project cost to be contributed by the beneficiary.
  • Subsidy: 50% of the total project cost, capped at ₹10,000/- (available only for beneficiaries below the poverty line).
  • Purpose: To support small and petty trade/business, as well as various income-generating activities.

This scheme is designed to empower Safai Karamcharis and their families by providing them access to affordable credit and fostering entrepreneurship.

Who Can Apply?

To be eligible for the Micro Credit Finance Scheme, applicants must meet the following criteria:

  1. Residency: Must be a permanent resident of Haryana.
  2. Age: Should be between 18 and 55 years.
  3. Category: Must be either a Safai Karamchari or a dependent of a Safai Karamchari.
  4. Income: There is no income limit for eligibility.
  5. Certification: Must produce a valid certificate from a competent authority certifying their status as a Safai Karamchari or dependent.

Note: A “Permanent Safai Karamchari” refers to a person engaged in or employed for sanitation work, including their dependents.

How to Apply?

The application process for the Micro Credit Finance Scheme can be completed online through two portals: the HSFDC Portal and the Antyodaya-SARAL Portal. Below are detailed steps for both methods;

Option 1: Application via HSFDC Portal

Stage 1: Registration

  1. Visit the HSFDC Website: Go to the official website of the Haryana Scheduled Castes Finance and Development Corporation.
  2. Select the Scheme: Choose the scheme under the ‘NSKFDC Assisted Scheme’ section.
  3. Register: Click on “Apply for Loan,” fill in your details (name, Aadhaar number, email, mobile number), and complete the captcha. Click “Register.”
  4. Verify OTP: Enter the OTP sent to your registered mobile number and click “Submit.”

Stage 2: Application Submission

  1. Fill the Application Form: Complete the application form, upload all required documents, and click “Submit.”
  2. Receive Credentials: After submission, you will receive your user ID and password.
  3. Login and Update Profile: Log in using your credentials, update your profile, and finalize your application by clicking “Final Submit.”
  4. Print Application: Save and print your application for future reference.

Option 2: Application via Antyodaya-SARAL Portal

Stage 1: Registration

  1. Visit the SARAL Portal: Go to the official Antyodaya-SARAL Portal.
  2. Register as a New User: Click “New User” under ‘Sign In Here,’ fill in all mandatory details (name, email ID, mobile number, password, state), and submit.
  3. Verify OTP: Validate your mobile number and email ID using the OTP received.

Stage 2: Application Submission

  1. Log In: Use your registered email ID and password to log in.
  2. Apply for Services: Click on ‘Apply for Services’ and then ‘View All Available Services.’
  3. Select the Scheme: Search for the Micro Credit Finance Scheme and proceed to fill out the application form.
  4. Upload Documents: Attach all required documents and preview your application before submitting.
  5. Track Application: Use the portal to track your application status by entering the Department Name, Scheme Name, and Application Reference ID.

List of Required Documents

  • Aadhaar Card: Proof of identity.
  • Ration Card: Proof of family income and category.
  • Safai Karamchari Certificate: Valid certificate issued by a competent authority (e.g., Gazetted Officer, Municipal Body, Gram Panchayat, etc.).
  • Other Documents: Any additional documents specified by the Corporation.

Benefits of the Scheme

  • Financial Support: Loans of up to ₹1,00,000/- for small and petty trade/business and income-generating activities.
  • Affordable Contribution: Beneficiaries contribute only 10% of the project cost as margin money.
  • Generous Subsidy: 50% subsidy on the total project cost, capped at ₹10,000/- for beneficiaries below the poverty line.
  • Empowerment: Encourages entrepreneurship and skill development among Safai Karamcharis and their families.
  • Flexible Repayment: Interest starts from the day of loan disbursal, with repayment beginning after 120 days.

Frequently Asked Questions (FAQs)

Q1. What is the purpose of the Micro Credit Finance Scheme?

The scheme aims to provide financial assistance to Safai Karamcharis and their dependents for undertaking small-scale businesses and income-generating activities.

Q2. Who is eligible for this scheme?

Permanent residents of Haryana aged between 18 and 55 years, who are Safai Karamcharis or their dependents, are eligible.

Q3. Is there any income limit for eligibility?

No, there is no income limit for eligibility under this scheme.

Q4. What is the maximum loan amount available?

The maximum loan amount is ₹1,00,000/- per beneficiary.

Q5. Is there any subsidy available under this scheme?

Yes, beneficiaries below the poverty line receive a subsidy of 50% of the total project cost, capped at ₹10,000/-.

Q6. How can I track my application status?

You can track your application status online through the Antyodaya-SARAL Portal by entering your Department Name, Scheme Name, and Application Reference ID.

Q7. What happens if I fail to repay the loan on time?

Failure to repay the loan may result in penalties or impact your credit score. It is recommended to adhere to the repayment schedule.

Conclusion

The Micro Credit Finance Scheme under NSKFDC is a commendable initiative by the Haryana Scheduled Castes Finance and Development Corporation to uplift Safai Karamcharis and their families. By providing affordable loans and subsidies, the scheme enables beneficiaries to establish sustainable livelihoods and break the cycle of poverty.

Sources and References

For further assistance, contact the HSFDC Helpline or visit the nearest district office.

Arjan Patel

Arjan Patel is a passionate financial educator and policy researcher with over a decade of experience in rural banking and subsidy-linked credit schemes. As the founder of www.loansubsidy.in, he is committed to simplifying government loan programs and making financial benefits accessible to every citizen. Known for his grassroots insights and clear explanations, Arjan continues to bridge the gap between policy and people through digital outreach and advisory.

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