Shilp Sampada Term Loan Haryana | Backward Class Artisans

Overview

The Shilp Sampada Term Loan Scheme is a financial assistance program offered by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam. It provides term loans to artisans belonging to backward classes to help them expand or start craft-based businesses.

The scheme acknowledges the rich artisan tradition in Haryana and helps craftspersons access formal credit without depending on unorganized lenders.

Objective

The scheme aims to empower backward class artisans by giving them access to working capital and business investment funds. It supports traditional crafts, handloom work, and related trades by making financing accessible.

Benefits

• Term loans at subsidized interest rates
• Loan amount designed to cover equipment, raw materials, and workshop setup
• Repayment in structured installments over a defined term
• Encourages self-employment in the artisan sector

Eligibility

• Must belong to a Backward Class recognized in Haryana
• Must be a domicile of Haryana
• Age: 18 to 55 years
• Annual family income must be within the prescribed limit
• Must be engaged in or planning to start an artisan-based trade

Exclusions

• Applicants not belonging to recognized Backward Classes in Haryana
• Those already availing similar credit from state or central finance corporations
• Individuals with existing defaults on government loans

Application Process

1. Visit the nearest Haryana Backward Classes Kalyan Nigam district office
2. Collect the prescribed application form
3. Fill in all details related to trade, income, and loan requirement
4. Attach supporting documents
5. Submit the form to the district manager
6. Application is evaluated and loan is sanctioned on approval
7. Loan disbursed to beneficiary’s bank account

Documents Required

• Backward Class certificate from competent authority
• Haryana domicile certificate
• Income certificate
• Project report or trade description
• Aadhaar card and PAN card
• Bank account details
• Photographs (passport size)