Back to Schemes
Banking,Financial Services and Insurance; Business & Entrepreneurship

Term Loan Scheme for Backward Classes

The scheme is implemented by the Haryana Backward Classes & Economically Weaker Sections Kalyan Nigam. Under this scheme, loans of up to ₹15,00,000/- are provided at an annual interest rate of 6% to 8% to individuals from the Backward Classes to enhance their employability.

Authority

State/ UT

Region

Haryana

Status

Verified 2026

Updated

March 2026

What you get

- Under the scheme, Nigam provides loans of up to ₹15,00,000/- at an annual interest rate of 6% to 8% to individuals from the Backward Classes to enhance their employability.

Who can apply

The applicant should be a permanent resident of Haryana.; The applicant should be between 18 and 55 years old.; The applicant should belong to the Backward Classes category.; The annual family income of the applicant should not exceed ₹3,00,000/- in both rural and urban areas.; The applicant should have a Parivar Pehchan Patra (PPP ID).

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the maximum loan amount provided under this scheme?

The maximum loan amount provided under this scheme is [?]15,00,000/-.

What is the interest rate for loans under this scheme?

The interest rate for loans under this scheme ranges from 6% to 8% per annum.

Is there an age limit to apply for this scheme?

Yes, applicants must be between 18 and 55 years old.

Can an individual from urban areas apply for this scheme?

Yes, individuals from both rural and urban areas can apply, provided their annual family income does not exceed [?]3,00,000/-.

Do I need to be a permanent resident of Haryana to apply?

Yes, applicants must be permanent residents of Haryana.

Can applicants from other states apply for this scheme?

No, only permanent residents of Haryana are eligible to apply.

How can I apply for this scheme?

Eligible applicants can apply online through the Antyodaya-SARAL Portal at https://saralharyana.gov.in/.

How can I track my application status?

Applicants can track their applications through the Antyodaya-SARAL Portal by entering their Department Name, Scheme Name, and Application Reference ID at https://status.saralharyana.nic.in/.