Term Loan Scheme Credit Line 1 for Minority Community — ₹20L

Credit Line 1 of the Term Loan Scheme is a debt funding window run by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam, a body working under the Government of Haryana. It opens up borrowed capital on concessional terms for people belonging to notified minority communities in the state, with a ceiling of ₹20 lakh per beneficiary.

The stated aim is to raise employability — in practical terms, that means money for a small enterprise, tools and equipment, a skill-building course, or the working capital a self-employment business needs to keep running. Since this is a loan rather than a grant, repayment is expected, but the concessional pricing is intended to keep instalments affordable and help the borrower build lasting income.

Two filters decide who gets in. The first is community: applicants must belong to one of the recognised minority communities — Muslims, Sikhs, Christians, Buddhists, Parsis or Jains — and must hold permanent residency in Haryana. The second is economic need: family income for the year cannot go past ₹98,000 in rural areas or ₹1,20,000 in urban areas. Applicants also need to be between 18 and 55 years old and to hold a Parivar Pehchan Patra (PPP ID).

There is no closing date — the scheme runs through the year. Applications are filed online through the Antyodaya-SARAL portal, where the PPP record is used to pull the applicant's family data straight into the form.

• Term loan of up to ₹20 lakh per beneficiary
• Borrowing at concessional rates of interest
• Open to Muslims, Sikhs, Christians, Buddhists, Parsis and Jains
• For Haryana residents aged 18 to 55 years
• Family income cap of ₹98,000 rural / ₹1,20,000 urban
• Parivar Pehchan Patra (PPP ID) required; applications open all year

• Residency: you must hold permanent residency in Haryana.
• Age: applicants should be between 18 and 55 years old.
• Community: you must belong to a minority community recognised by the scheme — Muslims, Sikhs, Christians, Buddhists, Parsis or Jains.
• Income: family income for the year cannot exceed ₹98,000 in rural areas or ₹1,20,000 in urban areas.
• Documentation: a Parivar Pehchan Patra (PPP ID) is mandatory.

The scheme is designed for individuals rather than companies, and since the support is a term loan, you apply in your own name. No particular industry or sector is specified in the eligibility rules, and the conditions listed for this credit line do not include DPIIT or MSME registration.

Term Loan Scheme Credit Line 1 for Minority Community — ₹20L is open to startups at any stage. It is open to startups registered anywhere in India.

Term Loan Scheme Credit Line 1 for Minority Community — ₹20L accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

• Loan size: up to ₹20,00,000 (₹20 lakh) per beneficiary.
• Pricing: concessional rates of interest, which is what makes this borrowing cheaper than a standard commercial term loan.
• What it covers: setting up a micro-enterprise, purchasing equipment or tools, paying for skill development courses, or funding the working capital a self-employment business requires.

Every rupee here is a repayment obligation rather than a grant, so the scheme takes no equity and no share of your business in return for the money.

Because employability is the scheme's stated objective, proposals that create or support the applicant's earning capacity fit the purpose best. The concessional cost of borrowing also keeps instalments manageable, which matters when a loan is backing a livelihood rather than an expansion plan.

Term Loan Scheme Credit Line 1 for Minority Community — ₹20L is offered by Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam, a government body. As a government-backed debt / loan, it is publicly funded and open to eligible startups across India.

Once an application is submitted online, it is reviewed by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam. No pitch, interview or committee stage is described for this credit line — the assessment is a desk review of the file.

The review focuses on whether the applicant satisfies each condition of the scheme:

• Age falls within the 18 to 55 year band.
• Permanent residency is in Haryana.
• Family income sits within the rural or urban ceiling.
• Membership of one of the recognised minority communities.
• The Parivar Pehchan Patra and the other documents submitted are valid and consistent with the application.

Files that clear every condition move ahead for further processing and eventual sanction of the loan. Because the scheme operates on a rolling basis, there is no batch or round an applicant has to wait for.

Before you apply to Term Loan Scheme Credit Line 1 for Minority Community — ₹20L, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

Term Loan Scheme Credit Line 1 for Minority Community — ₹20L is best suited for startups in India seeking non-dilutive funding of ₹20L. If that describes your startup, review the eligibility criteria above before applying.