LIDCOM 50% Subsidy Scheme — ₹10,000 Business Loan Subsidy in Maharashtra
A Government of Maharashtra subsidy that pays 50% of a business loan, capped at ₹10,000, for Charmakar community entrepreneurs in the state aged 18 to 50.
- Funding amount
- ₹10,000 (subsidy)
- Funding type
- Subsidy
- Provider
- Leather Industries Development Corporation (LIDCOM), Government of Maharashtra (Government)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The LIDCOM 50% Subsidy Scheme is a state-backed funding route run by the Leather Industries Development Corporation (LIDCOM), a Government of Maharashtra undertaking. It exists for one clearly defined group: people belonging to the Scheduled Caste Charmakar community — Dhor, Chambhar, Holar, Mochi and others — who live permanently in Maharashtra and want capital to launch or grow a small venture.
The mechanics are simple. A bank sanctions a business loan, and LIDCOM then pays back half of it as a cash subsidy, with the state's contribution capped at ₹10,000. Because the loan ceiling under the scheme is ₹50,000, the subsidy reaches its maximum on a loan of around ₹20,000 and stays at ₹10,000 for anything larger.
The scheme is aimed at households with a family income of ₹1,00,000 or less, so the assistance reaches families that would otherwise find it hard to raise working capital for self-employment. The subsidy is funded by the state government, which makes this a welfare-oriented route to entrepreneurship rather than a commercial lending product.
Applications are accepted throughout the year, and the entire process — from collecting the form to submitting it — is handled offline through LIDCOM offices.
Highlights
- 50% subsidy on a business loan, capped at ₹10,000
- Loan amount can go up to ₹50,000; the balance is repaid to the bank with interest
- Open to Maharashtra's Charmakar community, including Dhor, Chambhar, Holar and Mochi
- Family annual income must not exceed ₹1,00,000
- Applicants must be 18 to 50 years old and permanent residents of Maharashtra
- Rolling applications, submitted offline at LIDCOM offices
Who can apply
The scheme is targeted, so it is worth checking each condition before you pick up an application form.
- Citizenship and residence: you must be an Indian citizen who lives permanently in Maharashtra.
- Age: applicants must be between 18 and 50 years old.
- Community: you must belong to the Charmakar community, which includes Dhor, Chambhar, Holar and Mochi, among others.
- Family income: your family's yearly earnings cannot be more than ₹1,00,000.
- Business knowledge: you need adequate working knowledge of the trade or venture you are borrowing for.
The scheme is designed for economically weaker households within the community, so the income condition is central to the assessment and not just a formality.
LIDCOM 50% Subsidy Scheme — ₹10,000 Business Loan Subsidy in Maharashtra is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
LIDCOM 50% Subsidy Scheme — ₹10,000 Business Loan Subsidy in Maharashtra 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.
What the funding covers
Recipients get a 50% subsidy on a business loan, with the state's share capped at ₹10,000. The loan itself can go up to ₹50,000.
- On a ₹20,000 loan, the subsidy works out to the full ₹10,000.
- On a ₹50,000 loan, the subsidy stays at the ₹10,000 ceiling rather than rising to ₹25,000.
- The subsidy component is a cash benefit that does not have to be paid back.
- The rest of the loan is financed by a bank and repaid with interest at the bank's prevailing rate.
The support is meant for micro-enterprises, letting a beneficiary set up or expand a small business with far less of their own money tied up in repayment.
About the provider
LIDCOM 50% Subsidy Scheme — ₹10,000 Business Loan Subsidy in Maharashtra is offered by Leather Industries Development Corporation (LIDCOM), Government of Maharashtra, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
There is no competitive shortlisting, pitch round or ranking of applicants. Once your papers reach LIDCOM, the file moves through a verification and disbursal chain.
- Submission: the completed form and supporting documents are handed over in person at the LIDCOM office or the authorised nodal agency.
- Verification: LIDCOM officials examine the application against the eligibility conditions.
- Processing: after verification, the application is taken forward for release of the subsidy in conjunction with the bank loan.
Documents you’ll need
Before you apply to LIDCOM 50% Subsidy Scheme — ₹10,000 Business Loan Subsidy in Maharashtra, 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.
Who this is best for
LIDCOM 50% Subsidy Scheme — ₹10,000 Business Loan Subsidy in Maharashtra is best suited for startups in India seeking non-dilutive funding of ₹10,000. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much money does the LIDCOM 50% Subsidy Scheme actually give?
The scheme covers half of a business loan, but the subsidy is capped at ₹10,000. Since the maximum loan under the scheme is ₹50,000, the subsidy hits its ₹10,000 limit once the loan reaches about ₹20,000 and does not increase beyond that.
Who is eligible to apply for this scheme?
You need to be an Indian citizen living permanently in Maharashtra, aged between 18 and 50 years, and a member of the Charmakar community (Dhor, Chambhar, Holar, Mochi and others). Your family's annual income must not be more than ₹1,00,000, and you should have adequate working knowledge of the business you are seeking the loan for.
Is there an application deadline?
No. The scheme runs on a rolling basis and stays open through the year, so there is no last date to meet. You can collect and submit the form at any point during the year at a LIDCOM office or the authorised nodal agency.
Do I need DPIIT recognition or MSME (Udyam) registration?
The scheme's stated eligibility conditions do not include DPIIT recognition or MSME registration. What matters is your citizenship and Maharashtra residency, your community, your age, your family income and your knowledge of the proposed business.
Does the scheme take equity in my business?
No. This is a government subsidy, which makes it non-dilutive — LIDCOM does not take any stake, shares or ownership in your venture in return for the money.
Is this a grant or a loan that I have to repay?
It is a subsidy layered on top of a bank loan. The subsidy portion, up to ₹10,000, does not have to be returned. The underlying loan sanctioned by the bank does have to be repaid, along with interest charged at the bank's existing rates.
What documents do I need to submit with the application?
Typically you will need proof of residence, a caste certificate, age proof, an income certificate, your bank details, and a brief project report or business plan that demonstrates your knowledge of the proposed venture.
How and where do I apply?
Applications are accepted offline only. Collect the prescribed form from a designated LIDCOM office or a district-level Charmakar community development centre in Maharashtra, attach the supporting documents and submit everything in person to the LIDCOM office or the authorised nodal agency. Details are available on the LIDCOM website.
What kind of businesses does the scheme support?
The subsidy is meant for micro-enterprises and small businesses run by individuals from the Charmakar community. LIDCOM's own focus area is the leather industries, while the wider aim is economic upliftment of the community. Whatever the trade, you must be able to show that you understand the business you are borrowing for.
Is there an age limit for applicants?
Yes. You must be at least 18 years old and not older than 50 years at the time of applying.
Who offers LIDCOM 50% Subsidy Scheme — ₹10,000 Business Loan Subsidy in Maharashtra?
LIDCOM 50% Subsidy Scheme — ₹10,000 Business Loan Subsidy in Maharashtra is offered by Leather Industries Development Corporation (LIDCOM), Government of Maharashtra, a government body. It is provided as non-dilutive funding.
How do I apply for LIDCOM 50% Subsidy Scheme — ₹10,000 Business Loan Subsidy in Maharashtra?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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