NSKFDC Term Loan Haryana — Up to ₹15 Lakh at 6% for Safai Karamcharis

This is a debt route run by HSFDC — the Haryana Scheduled Castes Finance and Development Corporation, a state-owned body created in 1971 to work for the upliftment of Scheduled Castes in Haryana — together with the National Safai Karamcharis Finance & Development Corporation, which issues the final sanction.

Its aim is simple to state: to help Safai Karamcharis and the people who depend on them move into self-employment by funding a venture of their own choosing. Loans are sanctioned against a project cost of up to ₹15 lakh for each borrower, and the smallest ticket is ₹10,000.

What the money can finance is deliberately wide. Applicants have taken it for auto repair workshops and spare-parts retail, shops dealing in electrical goods, leather footwear units, beauty parlours, welding and carpentry work, photography, grocery and sanitary supply outlets, readymade garment trading, cyber cafes, and event-linked services such as tent houses and band parties. Because the choice is left open, a borrower can build on skills they already have and on demand they can see in their own locality.

There is no income ceiling for the applicant, and no fixed application window. The scheme runs on a rolling basis, so a completed application can be filed at any point in the year.

• Loans of ₹10,000 to ₹15 lakh against a single beneficiary's project
• Interest fixed at 6% per annum
• 10% of the project cost given by HSFDC as margin money
• Subsidy of up to ₹10,000 for below-poverty-line beneficiaries
• Reserved for Safai Karamcharis and their dependents in Haryana
• Rolling scheme with no closing date; apply via HSFDC or the Antyodaya-SARAL portal

Who can apply

• Must be a permanent resident of Haryana.
• Must be aged between 18 and 55 years.
• Must be a Safai Karamchari, or a dependent of one. No income limit applies to the applicant.
• Must be able to produce a certificate of Safai Karamchari or dependent status, issued by a gazetted officer or by an elected member of a municipal body or panchayat.

The loan is meant for an individual setting up or expanding a micro-enterprise, so applicants are expected to come with a concrete project proposal rather than a general request for funds.

NSKFDC Term Loan Haryana — Up to ₹15 Lakh at 6% for Safai Karamcharis is open to startups at any stage. It is open to startups registered anywhere in India.

NSKFDC Term Loan Haryana — Up to ₹15 Lakh at 6% for Safai Karamcharis 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.

Term loan: Between ₹10,000 and ₹15,00,000 per beneficiary, sized against the cost of the project being proposed.

Interest: Charged at 6% per annum.

Margin money: HSFDC puts in 10% of the project cost, which reduces the amount the borrower has to arrange upfront.

Subsidy: Up to ₹10,000, equal to 50% of the total project cost, and available only to beneficiaries who fall below the poverty line.

NSKFDC Term Loan Haryana — Up to ₹15 Lakh at 6% for Safai Karamcharis 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 first reach the District Manager for the concerned district, who scrutinises and verifies them. That check covers two things — whether the applicant genuinely qualifies as a beneficiary, and whether the activity they want to take up is viable.

Once verification is done, the files of eligible applicants are forwarded to the National Safai Karamcharis Finance & Development Corporation for final sanction. NSKFDC's approval is the decision point: after the loan is sanctioned, a sanction letter is issued and the loan is granted to the beneficiary.

Before you apply to NSKFDC Term Loan Haryana — Up to ₹15 Lakh at 6% for Safai Karamcharis, 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.

NSKFDC Term Loan Haryana — Up to ₹15 Lakh at 6% for Safai Karamcharis is best suited for startups in India seeking non-dilutive funding of ₹10,000 – ₹15L. If that describes your startup, review the eligibility criteria above before applying.