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Small Scale Lending Scheme (Microfinance)

Social Welfare & Empowerment Min Age: N/A Profession: All

🎯 Quick Insight

The Small Scale Lending Scheme (Microfinance) is a significant initiative categorized under Social Welfare & Empowerment. It is designed to provide targeted assistance to eligible beneficiaries, helping them achieve better outcomes in social welfare & empowerment.

Complexity Medium
Popularity High
Verification Jan 2026

📝 Overview & Benefits

Loan Amount: Maximum loan limit of ₹1,25,000/-.

Interest Rate: Subsidized interest rate of 5% per annum.

Loan Coverage: 95% of the project cost is covered through a loan.

Beneficiary Contribution: Only 5% contribution is required from the beneficiary.

Target Group Support: Specifically designed for small entrepreneurs from the Rabari and Bharwad communities.

✅ Eligibility Criteria

The applicant must belong to the Rabari and Bharwad castes among the socially and educationally backward classes.

The applicant must be aged between 21 to 45 years.

The applicant must have an annual income of less than or equal to ₹3,00,000/-.

🚀 Application Process

Online

Step 1: Visit the official website of DAAD Online. At the bottom of the page, in the "Details of the Scheme" section, click the “Apply Now” button adjacent to the scheme that you intend to apply for.

Step 2: In the online application form, fill in all the mandatory fields and upload all the mandatory documents in the specified format and size. Carefully review all the information provided and the documents uploaded. Make any necessary corrections. Complete the Captcha code as prompted. Click the "Submit" button after verifying all information. Upon successful submission, a Confirmation Number will be generated. Carefully note this number, as it is essential for any future edits or uploads.

Step 3: Visit the official website or portal, and click "Print Application". Provide the mandatory details such as Scheme Name, Date of Birth, and Confirmation Number. Click "Submit" to generate the final printable version of your application. Save or print the document for your records.

📄 Documents Required

Passport Size Photograph

Caste Certificate

Income Certificate

Age Proof

Identity Proof

Address Proof

Bank Account Details

Project Report or Business Plan

🏷️ Related Tags

Social Welfare & Empowerment Schemes 2026 Apply for Small Scale Lending Scheme (Microfinance) Government Welfare India

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💡 Editor's Tip

Before applying for Small Scale Lending Scheme..., ensure you have your Aadhar card and bank details ready. Most rejections happen due to mismatched documents.

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📋 Eligibility Tracker

  • Category Social Welfare & Empowerment
  • Min Age 18+
  • Residency India
  • Status ● Active

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