What you get
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Q 1. Are SHGs That Are Availing Subsidy Under Any Other Scheme Eligible Under This Scheme?
Ans. No, the Self Help Groups availing interest subvention under this scheme are not eligible for interest subversion under any other scheme.
Q 2. Are All SHGs Eligible For Interest Subvention Under VISVAS Scheme?
Ans. Only SHGs with 100% SC/OBC members with Standard Accounts are eligible to benefit under this interest subvention scheme.
Q 3. What Are The Key Features Under The VISVAS Scheme?
Ans. All SC/OBC individuals and Self Help Groups with annual family income up to Rs. 3.00 Lakh will be eligible for interest subvention @ 5% on loans up to Rs lakhs.
Q 4. What Does VISVAS In The Scheme Stand For?
Ans. VISVAS in the scheme name stands for Vanchit Ikai Samooh aur Vargon ko Aarthik Sahayata.
What is the Maximum Loan Limit for SHGs?
The Maximum loan limit for SHGs is [?] 4,00,000
What Is The Maximum Loan Limit For individual?
The Maximum Loan Limit For an Individual Is [?] 2,00,000
What is the Maximum Subvention Amount for this scheme?
The Maximum Subvention Amount For This Scheme is @5% P.A.
What shall be the Mode Of Payment Of the Subvention?
The Mode of payment of the Subvention shall be Through Direct Transfer of Subvention Amount into operating account of SHG or Individual.