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Ministry Of Social Justice and Empowerment

Credit Enhancement Guarantee Scheme For The Scheduled Castes

a loan scheme by the Ministry of Social justice and Empowerment for Entrepreneurs of Scheduled Caste Category.

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  • Details
  • Benefits
  • Eligibility
  • Application Process
  • Documents Required
  • Frequently Asked Questions
  • Sources And References
  • Details

    To encourage and promote entrepreneurship among the Scheduled Castes who are oriented towards innovations and growth technologies by supporting the Bank and Financial Institutions [designated as Members Lending Institutions (MLIs) for the Scheme], in the form of Credit Enhancement Guarantee (minimum Rs.0.15 crore and maximum Rs.5.00 crore) against Working Capital Loans, Term Loans or Composite Terms Loans granted by (Money Lending Institutions) MLIs to SC entrepreneurs.
    

    Objective of the Scheme

      The scheme is an initiative that is implemented throughout the nation to enhance entrepreneurship among the Scheduled Caste who are motivated for innovation and growth of the technologies.
      To promote the financial inclusion of SC entrepreneurs and motivate them towards further growth of SC communities.
      To facilitate the economic development of SC entrepreneurs.
      To develop direct and indirect employment generation for the SC population in India.
    

    Sector covered under Scheme

    Benefits

    Eligibility

    Application Process

    • Online

    Documents Required

    Frequently Asked Questions

    Sources And References

    Scheme Guidelines open_in_new

    Additional Guidelines open_in_new