Government on India

Eligibility Criteria for Loan

  • The beneficiary should belong to scheduled tribaes .
  • Annual family income limit for Rural area Rs. 98,000/- and Rs. 1,20,000/- for urban area.
  • Age limit of beneficiaries 18 years to 45 years.
  • Term loan uptoRs. 50,000/- can be distributed on the basis of scheme sanctioned under AdivasiMahilaSabalikaranYojana.
  • Benificiaries own contribution is not required under AdivasiMahailaSabalikaranYojana. However beneficiariescontribution upto 10% of the unit cost is required for other than AdiwasiMahilaSabalikaran Schemes.
  • For AdivasiMahailaSabalikaranYojana simple rate of interest @ 4% is applicable.
  • Schemes Other than AdivasiMahailaSabalikaranYojana simple interest @ 6% is applicable for loan uptoRs. 5 lac and at rate 8% above Rs. 5lac.
  • The Applicant should have the citizen of the Maharashtra State