Laghu Vyavassay Scheme — ₹1.7L Loan + Subsidy for Haryana SC Founders

The Laghu Vyavassay Scheme is a credit programme of the Haryana Scheduled Castes Finance and Development Corporation, working under the Government of Haryana. It exists to put affordable capital in the hands of Scheduled Caste families in the state who want to start a small venture of their own, so that a workable business idea does not stall simply because a commercial loan is out of reach.

Support arrives as a package rather than a single cheque. A beneficiary takes a loan against a project with a unit cost of up to ₹2,00,000, with the loan portion capped at roughly ₹1.7 lakh. The applicant brings in 10% of the project cost as margin money. Layered on top is a non-repayable subsidy equal to 50% of the project cost, limited to a maximum of ₹10,000.

The scheme is aimed squarely at self-employment and other income-generating activity, which makes it a route to micro-enterprise rather than a general welfare transfer. There is no closing date — the window stays open right through the year — so founders can apply when their plan is ready instead of racing a deadline. Every application is filed through the Antyodaya SARAL Portal and is screened by the Corporation before any money moves.

• Loan of up to about ₹1.7 lakh against a project with a unit cost of up to ₹2,00,000
• Non-repayable subsidy of 50% of project cost, capped at ₹10,000
• Open only to Scheduled Caste permanent residents of Haryana
• Applicant age must be between 18 and 45 years
• 10% of the project cost has to come from the applicant as margin money
• No deadline — applications are accepted round the year on the Antyodaya SARAL Portal

Eligibility rests on four things: where you live, which community you belong to, how old you are, and what your family earns.

• Domicile: the applicant has to hold permanent resident status in Haryana. The scheme is not open to outsiders.
• Community: it is reserved for applicants belonging to a Scheduled Caste.
• Age: you must be at least 18 years old and not more than 45 years old.
• Family income: the scheme works with two slabs. At least 50% of the beneficiaries selected must come from families earning up to ₹1,50,000 a year, while the remaining half may have annual family income of up to ₹3,00,000.

The scheme does not list any restriction on the type of business, and no DPIIT or MSME registration requirement is mentioned — the qualifying tests are residency, caste, age and income.

Laghu Vyavassay Scheme — ₹1.7L Loan + Subsidy for Haryana SC Founders is open to startups at any stage. It is open to startups registered anywhere in India.

Laghu Vyavassay Scheme — ₹1.7L Loan + Subsidy for Haryana SC Founders 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.

Assistance here is a blend of repayable debt and a one-time grant, sized around the cost of a small project.

• Loan: up to approximately ₹1.7 lakh per beneficiary, extended against a project whose unit cost can go up to ₹2,00,000.
• Subsidy: a non-repayable amount equal to 50% of the project cost, capped at ₹10,000.
• Margin money: the applicant funds 10% of the project cost from their own resources.

The money is meant for self-employment and income-generating activity, so it goes towards setting up or running a venture that earns.

Because the Corporation extends a loan and a subsidy rather than buying into the business, no equity is taken and the promoter's ownership is not diluted. The subsidy portion does not have to be returned; the loan portion does.

Laghu Vyavassay Scheme — ₹1.7L Loan + Subsidy for Haryana SC Founders is offered by Haryana Scheduled Castes Finance and Development Corporation, a government body. As a government-backed debt / loan, it is publicly funded and open to eligible startups across India.

Applications reach the Corporation through the Antyodaya SARAL Portal and are then put through screening.

• Screening: the submitted form and its annexures are examined by the Haryana Scheduled Castes Finance and Development Corporation.
• Eligibility verification: the claims made in the application — residency in Haryana, Scheduled Caste status, age and family income — are checked against the scheme's conditions.
• Clarification: applicants who clear the first round may be contacted to supply more information or clear up a point in their application.
• Final selection and disbursement: beneficiaries are confirmed and the loan is released.

Since the scheme has no deadline, there is no fixed assessment calendar to wait for — the review happens as applications come in.

Before you apply to Laghu Vyavassay Scheme — ₹1.7L Loan + Subsidy for Haryana SC Founders, 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.

Laghu Vyavassay Scheme — ₹1.7L Loan + Subsidy for Haryana SC Founders is best suited for startups in India seeking non-dilutive funding of ₹1.7L. If that describes your startup, review the eligibility criteria above before applying.