Trade and Business Sector Scheme (HSFDC) — Loans & Subsidy up to ₹1.5 Lakh — Frequently Asked Questions

Support is pegged to your project cost, which can be up to ₹1,50,000, and the published range of assistance runs from ₹15,000 to ₹1.5 lakh. Inside that cost, HSFDC gives a subsidy covering half the project (capped at ₹10,000) and margin money equal to 10% of the project cost as a loan. The balance is provided as a bank loan through a tie-up bank, so the exact mix depends on how your project is costed.

You need to be a Haryana resident from the Scheduled Caste community, belong to a Below Poverty Line family, have an annual family income of no more than ₹1,80,000, and have your name on the BPL Survey List. All of these conditions apply together — meeting only some of them is not sufficient.

It is a blend of both. The subsidy element — 50% of the project cost, subject to a ₹10,000 ceiling — is non-repayable. The margin money provided by HSFDC and the bank's contribution are loans that you repay.

No. This is a debt-based package made up of a subsidy and loans. The Corporation does not take equity or any ownership share in the venture you set up.

Any viable income-generating micro-enterprise in rural or urban Haryana falls within the scheme's scope. The activities it names include kiryana and stationery shops, cloth, tea and fruit shops, kabadi units, beauty parlours, auto repair workshops, band parties and tent houses.

No. The scheme runs on a rolling basis and stays open, so there is no last date to beat. Online applications can be submitted at any time, and offline applications are also received through credit camps, Open Darbars and similar events held under the supervision of Deputy Commissioners and Additional Deputy Commissioners in different parts of Haryana.

The HSFDC component — the margin money and the Corporation's loan of up to ₹15,000 — carries 4% interest per annum. The interest on the bank's portion of the loan is decided by that bank's own lending policy.

Yes. Recovery of principal on the HSFDC loan starts 360 days (about 12 months) after disbursement, and instalments for the other components may begin after 180 days.

The application typically calls for your Aadhaar card, BPL card, Scheduled Caste certificate, income certificate, a project report for the proposed business and bank passbook details. Details of any sureties required for the loan also have to be furnished before the final submission.

There are two routes. Online, visit the HSFDC website, open the Bank Tie-up Scheme section and click Apply for Loan. Register with your name, Aadhaar number, email address, mobile number and captcha, verify the OTP sent to your mobile, fill in the application form, upload your supporting documents and submit — you will receive a User ID and password for tracking. Logging in again lets you edit your profile, add surety details, make the final submission and print a copy. Offline, applications are facilitated through HSFDC's credit camps and Open Darbars across Haryana. The application page is at https://hscfdc.org.in/#accordionExample.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Trade and Business Sector Scheme (HSFDC) — Loans & Subsidy up to ₹1.5 Lakh, though having it can strengthen your application and unlock other benefits.

Trade and Business Sector Scheme (HSFDC) — Loans & Subsidy up to ₹1.5 Lakh is offered by Haryana Scheduled Castes Finance and Development Corporation, a government body. It is provided as non-dilutive funding.