TSCMFC Subsidy For Bank Linked Income Generation Scheme Telangana

Organization : Telangana Christian Minority Corporation
Service Name : Subsidy For Bank Linked Income Generation Scheme
Applicable States/UTs: Telangana

Website : https://tscmfc.in/shaadi-mubarak.php

Subsidy For Bank Linked Income Generation Scheme:

The scheme is for individuals who desires to setup self employment activities where the maximum cost is upto Rs.10.00Lakhs.

Related : TSCMFC Shaadi Mubarak Scheme : www.statusin.in/21293.html

The Corporation provides a Subsidy @ 80% of the total unit cost of Rs.1.00Lakh, 70% of the total unit cost of Rs.2.00Lakhs & 60% of the total unit cost of Rs.2.00Lakhs to Rs.10.00Lakhs subject to a maximum of Rs,5.00Lakhs and the remaining is Bank Loan.

Eligibility:
** Should be a Christian
** Community Certificate issued by Tahasildar / Transfer Certificate of School to be submitted / Baptism Certificate issued by Mainline Church Pastor
** Age between 21 to 55 years (Any Age proof certificate should be submitted)
** Annual family income below Rs.1.50Lakhs for Rural & Rs.2.00Lakhs for Urban areas. Income Certificate issued by Tahsildar from Meeseva to be submitted.
** Aadhar Card is mandatory
** One Passport size photograph

Procedure:
Every beneficiary shall apply online only through MPDOs / District Office of the concerned Mandal / District. Website: tsobmms.cgg.gov.in
** After applying in the portal, the beneficiary should submit the application form and enclosures to th econcerned District Officer (Executive Director, TSCMFC)
** The Bank processes th eloan application as per their norm and will accord sanction and intimates through a bank sanction letter.
** After getting the approval of the respective District Collector, Subsidy is released from the Head Office (TSCMFC) to the beneficiaries Non-operative SB Account Number directly.

Note:
The Government has issued comprehensive guidelines for implementation of Self Emplyment Schemes being implemented by all welfare departments including TSCMFC GO.Ms.No.101 Social Welfare (SCP-I) Dept., Dt: 31.12.2013

Shaadi Mubarak – Scheme for Unmarried Poor Christian Girls :
Government of Telangana has recently launched the scheme of “Shaadi Mubaarak” for Christian Minority unmarried girls. In this scheme financial assistance of Rs. 51,000/- (Rupees Fifty One Thousand only) is being released to all the poor Christian Minority girls.

About Us :
The Government of Telangana have issued GO.Ms.No.11 Minorities Welfare (OP & Budget) Department Dt:15.12.2014 creating Telangana State Christian Minorities Finance Corporation to assist the weaker sections of Christians, for their Socio-economic development by providing Training, Employment and Placement for unemployed youth, Bank Linked Income Generation Schemes, Entrepreneurship Development Programme, Financial Assistance to Church run Institutions like Schools, Hostels, Orphanages, Hospitals, Community Hall-Cum Youth Resource Center, Church Constructions/ Renovations, Subsidy to Pilgrimage to Holy Land of Jerusalem, Celebration of Christmas, Anglo Indian Day Celebrations, Promotion of Christian Culture and Youth Awareness Programmes.

Contact Us :
Telangana State Christian Minorities Finance Corporation
Flat No:102, Moghal-Emami-Mansion,
Opp. Shadan College, Khairatabad,
Hyderabad, Telangana – 500 004

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