Telangana SC Corporation Loans 2016: Telangana Scheduled Castes Cooperative Finance Corporation was set up in the year 1974 with a view to take up programmes for the Economic Development of Scheduled Caste families in the State.
The Corporation is registered under the AP Cooperative Societies Act 1964 with a share holding pattern of 51:49 ratio between the State Government and Government of India respectively.
Telangana SC Corporation Loans 2016
Telangana SC Corporation Loans in Adilabad, Hyderabad, karimnagar, khammam, Mahboobnagar, Medak,Nalgonda, Nizamabad, Ranga Reddy, Warangal Districts.
Deputy CM Kadiam Srihari announced that the subsidy for loans to Scheduled Castes has increased to Rs. 5 lakhs. For those who have taken Rs. 1 lakh through the SC Corporation, will get 80 per cent subsidy on loans.
Similarly, the subsidy rate has been hiked for all categories of loans, he announced. The government is focussing on schemes that are most beneficial for the SCs, he said.
SC Corporation Schemes in Telangana State
for the Economic Development of Scheduled Caste families
|Name of the Scheme||SES Category – I, Category – II & Category – III|
|Residency||Residents of Hyderabad District only|
|No. of Members||for Individual|
|Annual Income limit||upto Rs. 75,000/- per annum|
|Caste||for SCs only|
|Age limit||Between 21 Years to 45 Years|
|Gender||for both Male & Female|
|Educational Qualifications||Not required|
|Subsidy limit||60% of the Unit cost not exceeding Rs. 1,00,000/-|
|Margin Money||– Nil –|
|Beneficiary contribution||– Nil –|
|Bank loan||40% or balance cost of the Unit|
|Unit Cost||Rs. 1,00,000/-|
|Filled in Application form – 2 Sets|
HOW TO APPLY SC Corporation Loans in Telangana
Telangana Government ready to give loans through various banks in your
To apply SC corporation Loan Please click on below indicated link