HSFDC Industrial Sector Scheme Haryana | SC Business Loan

Overview

The Industrial Sector Scheme by HSFDC (Haryana Schedule Castes Finance and Development Corporation) supports scheduled caste entrepreneurs who want to set up small-scale industrial units in Haryana. The scheme bridges the gap between business aspiration and access to capital for SC communities.

Objective

The scheme is designed to promote industrial entrepreneurship among scheduled caste individuals. It provides affordable loans so they can establish manufacturing or processing units, create employment, and improve their economic status.

Benefits

• Term loans provided for setting up small industrial units
• Subsidized interest rates lower the overall cost of the loan
• Assistance for purchase of machinery, equipment, and working capital
• Repayment terms structured to suit small business cash flows
• Guidance from HSFDC on project planning and execution

Eligibility

• Applicant must belong to a Scheduled Caste category
• Must be a resident of Haryana
• Age between 18 and 55 years
• Annual family income must be within the HSFDC-prescribed ceiling
• Should have relevant skill, training, or experience in the proposed industrial activity

Exclusions

• Non-SC individuals are not eligible
• Defaulters on previous government loans are excluded
• Income above the prescribed limit disqualifies the applicant
• Applicants already covered under a similar industrial scheme from the same or another agency

Application Process

1. Visit the HSFDC district or head office in Haryana
2. Collect the application form for the Industrial Sector Scheme
3. Complete the form and prepare a project report for the proposed unit
4. Submit the application with all documents attached
5. HSFDC officials review the project viability and conduct verification
6. Loan is approved and disbursed to the applicant’s bank account

Documents Required

• Caste certificate from a competent authority
• Proof of age and identity
• Residential proof
• Income certificate
• Detailed project report of the proposed industrial unit
• Bank account details
• Educational or skill training certificates (if applicable)
• Passport-size photographs