Govt Schemes and Programs

Name of Scheme

Credit enhancement gaurantee scheme for the schedule castes

Type of Scheme

Loan

Sector

Finance

Name of Ministry

Ministry of Social Justice and Empowerment and Industrial Finance corporation of India

About the Scheme

To encourage and promote entrepreneurships among the Scheduled Castes who are oriented towards innovations and growth technologies by supporting the Bank and Financial Institutions [designated as Members Lending Institutions (MLIs) for the Scheme], in the form of Credit Enhancement Guarantee.

Benefits Under the Scheme

Guarantee cover of 15lakh INR to 5crore INR

Eligibility Criteria

Registered Companies and Societies/Registered Partnership Firms/Sole Proprietorship firms/Individual SC Entrepreneur having more than 51% shareholding by Scheduled Caste entrepreneurs/promoters/members with management control for the past 6 months are eligible for guarantee from IFCI against the loans extended by MLI Banks/Institutions.

Concerned Agency Institutions

Industrial Finance corporation of India and Ministry of Social Justice and Empowerment

Name Of Person

Shri Yash Pal

Designation

Seceratary

Address

Room No. 622, A-Wing, Shastri Bhawan, New Delhi - 110 001 Tel : 23388541 email : yash.pal@nic.in

Email

cegssc@ifciltd.com

Phone

011-41732075, 011-41732117,7982026827, 9833687892

Fax

23012195

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