What you get
- Subsidy Amount: 50% of the unit cost or a maximum of ₹2,00,000/- to the self-help groups. | NOTE: | - The subsidy will be adjusted against the repayment of the loan taken by the SHG from recognized financial institutions. | - SHGs focusing on good internal loan repayment will be given higher priority for the subsidy.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the Minority Community Self-Help Group Subsidy Scheme?
It is a scheme that provides a subsidy to minority women Self-Help Groups for self-employment activities.
Who can apply for this scheme?
Women Self-Help Groups comprising members from religious minority communities who are permanent residents of Karnataka.
What financial assistance does the scheme offer?
A subsidy of 50% of the unit cost or up to [?]2,00,000/- on loans obtained from recognized financial institutions.
Can a family have more than one member in an SHG?
No, only one member per family is allowed in the SHG.
Can government employees be members of the SHG?
No, members or their family members should not be State or Central Government employees.
Is there a requirement for SHGs to hold regular meetings?
Yes, SHGs should hold at least one meeting per month.
What is a back-end subsidy?
A back-end subsidy is provided after the SHG has repaid part of the loan, not upfront.
Can SHGs apply if they have taken a loan from the corporation in the last 5 years?
No, unless it was for the Arivu Education Loan or Foreign Education Loan Scheme.
What happens if an SHG has good internal loan repayment?
SHGs with good internal loan repayment get higher priority for the subsidy.
How many members should be in the Self-Help Group?
The SHG should have between 10 to 20 women members.