ISSHSFDC
Industrial Sector Scheme (HSFDC)
5.9/10Under this scheme, the Corporation provides loans/benefits to individuals from BPL families, whose annual family income does not exceed ₹1,80,000/-, in both rural & urban areas for various self-employment income-generating activities such as carpentry, leather and leather goods manufacturing, etc.
States / UT: Haryana
Nodal department: Welfare of Scheduled Caste & Backward Classes Department
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): No
Categories: Banking,Financial Services and Insurance, Business & Entrepreneurship
Sub-categories: Loan
Target beneficiaries: Individual
Tags: Industrial Sector, HSFDC, Loan, BPL, Scheduled Caste, Trade, Business, Self-Employment
Details
The scheme "Industrial Sector" is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) in collaboration with the bank tie-up schemes. The HSFDC is a Company registered under the Companies Act, 1956 on 02.01.1971. It is a wholly Government-owned Corporation with a 51% share of the State Government and a 49% share of the Government of India.
Under this scheme, the Corporation provides loans/benefits to individuals from Below Poverty Line (BPL) families, whose annual family income does not exceed ₹1,80,000/-, in both rural and urban areas for various self-employment income generating activities such as carpentry, leather, and leather goods manufacturing, handloom operations, flour milling, welding work, soap making, mixi manufacturing, and other viable activities.
Benefits
- Project Cost Ceiling:
- Up to ₹1,50,000 /-. Subsidy:
- Subsidy @ 50% of the total project cost (Maximum amount of subsidy is ₹10,000/-) Margin Money:
- The Corporation provides margin money @ 10% of the project cost
- Margin money is provided @ 4% interest per annum
- The interest on bank loans is charged by the banks at their lending policies. Bank Loan:
- Besides subsidy and margin money, the composite loan i.e. subsidy and margin money, and the balance amount of the bank loan is provided by the banks to the seller of the assets on behalf of the beneficiaries. Interest criteria for the loan amount recoverable by HSFDC: Upto Amount (₹) Interest % P.A. Penal Interest % P.A. 15,000/- 4 4 Interest Starts on Penalty Start After Principal Recovery Starts After Installment Starts After Installment Period Same Day180 Days360 Days180 Days180 Days
Project Cost Ceiling:
- Up to ₹1,50,000 /-.
Subsidy:
- Subsidy @ 50% of the total project cost (Maximum amount of subsidy is ₹10,000/-)
Margin Money:
- The Corporation provides margin money @ 10% of the project cost.
- Margin money is provided @ 4% interest per annum.
- The interest on bank loans is charged by the banks at their lending policies.
Bank Loan:
- Besides subsidy and margin money, the composite loan i.e. subsidy and margin money, and the balance amount of the bank loan is provided by the banks to the seller of the assets on behalf of the beneficiaries.
Interest criteria for the loan amount recoverable by HSFDC:
**Upto Amount (₹)***Interest % P.A.***Penal Interest % P.A.**15,000/- 4 4
Interest Starts onPenalty Start AfterPrincipal Recovery Starts AfterInstallment Starts AfterInstallment PeriodSame Day180 Days360 Days180 Days180 Days
Eligibility
- The applicant should be a resident of Haryana.
- The applicant should belong to the Scheduled Caste Category.
- The applicant should belong to the Below Poverty Line (BPL) family.
- The applicant's annual family income should not exceed ₹1,80,000/- in both rural and urban areas.
- The applicant's annual family income should not exceed the BPL limit.
- The applicant's name should be included in the BPL Survey List.
Note: The eligibility of the applicant is verified by the field staff before sponsoring the same to the bank for sanction.
How useful is this scheme?
A practical look at this scheme for citizens
AI-generated insights showing how useful, accessible, and practical this scheme may be — combining deterministic scoring rules with a public-policy LLM analyst.
- Accessibility5.0
- Financial impact9.0
- Rural utility5.0
- Awareness4.5
- Simplicity2.5
- Inclusivity6.0
What problem does this scheme solve?
The scheme provides financial support to individuals from BPL families in Haryana, focusing on self-employment opportunities.
Key challenges addressed
- Access to financial resources for self-employment
- Support for BPL families
Most beneficial for
- Scheduled Caste individuals
- Low-income families
Likely challenges
- Complex application process for semi-literate individuals
- Digital access issues
Practical insights for citizens
Practical for those who can navigate the application process
Rural challenges
- Limited digital literacy
- Access to online services
Digital challenges
- Dependence on internet access
- Need for digital literacy
Implementation bottlenecks
- Verification process may delay benefits
- Awareness of the scheme is limited
Awareness challenges
- Low awareness among target beneficiaries
- Need for outreach programs
Application analysis
- Application mode
- Online + Offline
- Documents burden
- Minimal, but requires verification
- Verification complexity
- Moderate, requires field staff verification
- Office dependency
- Moderate, can apply online but also offline
- DBT dependency
- None
- CSC support
- Available through local CSCs
- Estimated citizen effort
- Moderate, requires multiple steps
Estimated beneficiary reach
Benefit analysis
- Benefit type
- Cash
- Benefit frequency
- One-time
- Benefit practicality
- Practical for initiating self-employment
- Financial meaningfulness
- Moderate, as it supports small business initiatives
- Long-term impact
- Potentially significant if beneficiaries successfully establish businesses
Plain-language guidance
This scheme helps individuals from low-income families in Haryana get loans for starting small businesses. It is aimed at those who belong to the Scheduled Caste category and are below the poverty line.
- Who should apply
- Individuals from BPL families in Haryana, especially Scheduled Caste members.
- Who may struggle
- Semi-literate individuals and those without internet access.
- Best application route
- Apply via local CSC with Aadhaar or online through the official website.
This intelligence section is generated by an AI policy analyst combined with rule-based scoring. Scores and narrative are estimates derived from the publicly available scheme information shown on this page; actual experience may vary by state, district, and department. Always confirm details on the official portal before you apply.
Application Process
Online
> Registration Process on Haryana Scheduled Castes Finance and Development Corporation:
Step 1: Visit the official website of Haryana Scheduled Castes Finance and Development Corporation and select the scheme under ‘Bank Tie-up Scheme’.
Step 2: Click on "Apply for Loan" to begin the registration process.
Step 3: Fill in your details, including your name, Aadhaar number, email, mobile number, and captcha code, then click "Register".
Step 4: Enter the OTP sent to your mobile and click "Submit".
Step 5: The application form will open.
Step 6: Enter your details and upload the required documents.
Step 7: Click "Submit" to complete your application, and you will receive your user ID and password.
> Login to apply for the scheme:
Step 1: Visit the official website of the Haryana Scheduled Castes Finance and Development Corporation and on the home page, click on ‘Login’ option.
Step 2: Enter your user ID/Username, password, and captcha code.
Step 3: Click "Login".
Step 4: Once logged in, the dashboard will open in front of you Click on "Edit Profile".
Step 5: Fill in surety details, upload required documents, and update other details.
Step 6: Click "Final Submit".
Step 7: After submitting, you can print out your application for your reference.
Offline
The Corporation also collects/fills up loan applications in credit camps, Open Darbars, and other functions organized under the supervision of Deputy Commissioners/Additional Deputy Commissioners.
Clarifications
Additional points from the scheme information published on myScheme (not legal advice).
- Who implements the Scheme?
The Haryana Scheduled Castes Finance and Development Corporation (HSFDC) implements the scheme in collaboration with bank tie-up schemes.
- Who is eligible for the loan under this scheme?
Individuals from BPL families, whose annual family income does not exceed ₹1,80,000/- and who are residents of Haryana, belonging to the Scheduled Caste Category, are eligible.
- What types of trades or businesses are covered under the scheme?
Trades and businesses such as carpentry, leather and leather goods manufacturing, handloom operations, flour milling, welding work, soap making, mixer manufacturing, and other viable trades or businesses are covered.
- What is the project cost ceiling for the scheme?
The project cost ceiling is up to ₹1,50,000/-.
- Is there a subsidy provided under the scheme?
Yes, a subsidy of 50% of the total project cost, up to a maximum of ₹10,000/-, is provided.
- What is margin money in the context of this scheme?
Margin money is provided by the Corporation at 10% of the project cost with an interest rate of 4% per annum.
- How is the bank loan structured under this scheme?
Besides subsidy and margin money, banks provide a composite loan (subsidy, margin money, and balance amount of bank loan) to the seller of the assets on behalf of the beneficiaries.
- How is the eligibility of the applicant verified?
The eligibility of the applicant is verified by the field staff before sponsoring the application to the bank for sanction.
- Can applicants from urban areas apply for this scheme?
Yes, applicants from both rural and urban areas can apply for this scheme.
- Where can one apply for the scheme?
Applicants can apply through the official website of the Haryana Scheduled Castes Finance and Development Corporation at https://hscfdc.org.in/appreg.
- Is the scheme available to non-scheduled caste individuals?
No, the scheme is specifically designed for individuals belonging to the Scheduled Caste category.
Official links
References
- Official Website
- https://hscfdc.org.in/#accordionExample
- Registration Link
- https://hscfdc.org.in/appreg
- HSFDC Details
- https://haryanascbc.gov.in/contribution-towards-share-capital-to-haryana-scheduled-castes-finance-development-corporation
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Frequently asked questions
- What is the purpose of Industrial Sector Scheme (HSFDC)?
- Industrial Sector Scheme (HSFDC) is a government welfare initiative designed to support Individual, Individual through benefits related to Banking,Financial Services and Insurance, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.
- Who can apply for Industrial Sector Scheme (HSFDC)?
- Eligibility for Industrial Sector Scheme (HSFDC) may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.
- What benefits are offered under Industrial Sector Scheme (HSFDC)?
- Benefits under Industrial Sector Scheme (HSFDC) may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.
- Which department manages Industrial Sector Scheme (HSFDC)?
- Industrial Sector Scheme (HSFDC) is managed by Welfare of Scheduled Caste & Backward Classes Department and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.
- Can users apply online for Industrial Sector Scheme (HSFDC)?
- Yes, eligible applicants may be able to apply online for Industrial Sector Scheme (HSFDC) through official government portals, authorised service centres, or digital application systems depending on the implementation process.
- Is Aadhaar mandatory for Industrial Sector Scheme (HSFDC)?
- Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.
- Where can users apply for Industrial Sector Scheme (HSFDC)?
- Applications for Industrial Sector Scheme (HSFDC) may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.
- What documents may be required for Industrial Sector Scheme (HSFDC)?
- Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.
- Is income certificate required for Industrial Sector Scheme (HSFDC)?
- Income certificate requirements may vary depending on beneficiary category, subsidy eligibility, and financial assistance criteria defined under Industrial Sector Scheme (HSFDC).
- Is Industrial Sector Scheme (HSFDC) available in all states?
- No, Industrial Sector Scheme (HSFDC) is primarily available for eligible residents of Haryana and may be implemented through state government departments and local administrative offices.
- Can residents outside Haryana apply for Industrial Sector Scheme (HSFDC)?
- Eligibility for Industrial Sector Scheme (HSFDC) is generally limited to residents of Haryana unless otherwise specified in the official scheme guidelines.
- Does Industrial Sector Scheme (HSFDC) provide healthcare or insurance support?
- Industrial Sector Scheme (HSFDC) may provide healthcare assistance, insurance coverage, cashless treatment support, medical reimbursement, or hospital-related benefits depending on the scheme structure.
- Can beneficiaries use Industrial Sector Scheme (HSFDC) at government hospitals?
- Eligible beneficiaries may be able to access services at empanelled hospitals, government healthcare facilities, or authorised healthcare providers depending on scheme participation rules.
- Does Industrial Sector Scheme (HSFDC) provide business loan or startup assistance?
- Industrial Sector Scheme (HSFDC) may support entrepreneurs, startups, self-employed individuals, MSMEs, or small businesses through financial assistance, subsidies, credit support, or training initiatives.
- Is collateral required under Industrial Sector Scheme (HSFDC)?
- Collateral requirements may vary depending on the loan amount, implementing agency, financial institution, and government subsidy structure.
- Can CSC centres help users apply for Industrial Sector Scheme (HSFDC)?
- Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.
- How can users check the latest updates for Industrial Sector Scheme (HSFDC)?
- Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
- Can beneficiaries track application status for Industrial Sector Scheme (HSFDC)?
- Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
- Where can users get help for Industrial Sector Scheme (HSFDC) in Haryana?
- Users in Haryana may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.
- Which nearby public services may help with Industrial Sector Scheme (HSFDC) applications?
- Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.