MicroLoan

Micro Loan Scheme

T

State

States / UT: Rajasthan

Ministry / nodal: Minorities Affairs

Department: Rajasthan Minority Finance and Development Co-operative Corporation Limited

Nodal department: Rajasthan Minority Finance and Development Co-operative Corporation Limited

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Target beneficiaries: Minorities, Self-Help Groups

Tags: Loans, Minorities, Self-Help Groups, Financial Assistance, Rajasthan, Credit, NGOs, Community Support, Empowerment, Development, Informal Loans, Government Scheme

Details

The Micro Loan Scheme is an informal loan program that provides loans to Self-Help Groups (SHGs) directly or through non-governmental organizations. It aims to support minority communities by facilitating access to credit.

Benefits

  • - Loans up to ₹20lakh for SHGs with 20 members for income group members described in Credit Line 1
  • Loans up to ₹30lakh for SHGs with 20 members for income group members described in Credit Line 2
  • Loans up to ₹20 lakh for SHGs with 20 members for income group members described in Credit Line 1
  • Loans up to ₹30 lakh for SHGs with 20 members for income group members described in Credit Line 2

Eligibility

Self-Help Groups and non-governmental organizations from minority communities.

Application Process

Online

Applications can be uploaded online on the corporation's website: rmfdcc.com. Required documents include:

  • Caste Certificate Copy
  • Aadhar Card Copy
  • Bank Passbook Copy
  • Income Certificate Copy
  • Address Proof Copy
  • Other Document
  • PAN Card Copy
  • Jan Aadhar/Bhamashah Card Copy

Documents Required

No document list is available for this scheme yet.

References

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status