Term Loan Scheme- Credit Line 2 for Minority Community

This scheme by the Haryana government provides concessional term loans of up to ₹30 lakh to individuals from minority communities in Haryana to enhance their employability and support self-employment ventures.

The "Term Loan Scheme- Credit Line 2 for Minority Community" is implemented by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam, a body under the Government of Haryana. This initiative aims to empower individuals from designated minority communities by providing access to financial assistance. Under this scheme, eligible applicants can receive loans of up to ₹30,00,000/- at a concessional interest rate. The primary objective is to enhance the employability of beneficiaries, enabling them to pursue entrepreneurial ventures, skill development, or other income-generating activities. This support is crucial for economic upliftment within these communities, addressing financial barriers that might hinder their progress in establishing or growing a small business. The scheme specifically targets permanent residents of Haryana who belong to designated minority communities (Muslims, Sikhs, Christians, Buddhists, Parsis, and Jains) and meet specific annual family income criteria.