Sarkari Yojana
Loan Based Schemes For Safai Karamchari – Sanitary Marts Scheme
About Loan Based Schemes For Safai Karamchari – Sanitary Marts Scheme
The Ministry of Social Justice and Empowerment, Government of India, launched the “Sanitary Marts Scheme,” which the National Safai Karamcharis Finance & Development Corporation implements. It extends financial assistance to individual beneficiaries and self-help groups of liberated manual scavengers/safai karamcharis, and their dependents, for setting up sanitary marts.
Scheme Overview
Central Government
Ministry Of Social Justice and Empowerment
Individual
02 Oct 2014
Scheme Details
Eligibility Requirements
To qualify for Loan Based Schemes For Safai Karamchari - Sanitary Marts Scheme, applicants must satisfy the following conditions:
Safai Karamcharis (waste pickers included), identified Manual Scavengers,…
Safai Karamcharis (waste pickers included), identified Manual Scavengers, and their dependents.
Co-operative societies of Safai Karamcharis that are registered
Co-operative societies of Safai Karamcharis that are registered.
An association or firm legally set up by…
An association or firm legally set up by the target group, and
Individuals holding a certificate issued by a local…
Individuals holding a certificate issued by a local Revenue Officer/Municipal Officer/Cantonment Executive Officer/Railway Officer, a Government Department head (Schools, Colleges, Forest, Health, Education, Animal Husbandry, etc.) of Gazetted Officer rank or above, an Elected Municipal Body Member, a Gram Panchayat Pradhan, or a Regional Manager of an RRB/Nationalised Bank.
That said, per the MS Act, 2013, someone…
That said, per the MS Act, 2013, someone identified as a manual scavenger in a survey does not need to submit a certificate once listed in the final list of Manual Scavengers drawn up by the State Government/UT Administration.
Financial assistance carries no income ceiling; all else…
Financial assistance carries no income ceiling; all else being equal, NSKFDC nonetheless prioritises the economic development and rehabilitation of –
scavengers, particularly those among them earning below double the poverty line;
women within the target group; and
persons with disabilities within the target group.
Benefits Provided
Loan Based Schemes For Safai Karamchari - Sanitary Marts Scheme provides the following benefits to eligible applicants:
Financial Assistance
Financial Assistance
Quantum of loan
Quantum of loan: up to 90% of total cost, capped at ₹15,00,000/-.- Promoters' Contribution: beneficiaries bring in 10% of a Sanitary Mart's total cost- Interest: beneficiaries pay no more than 7% p.a. (with a 1% p.a. rebate for women and a further 0.50% rebate for timely repayment.)- Repayment: NSKFDC term loans must be repaid within 10 years through quarterly instalments.- Moratorium: a 6-month moratorium is allowed, on top of the 4-month implementation period.
Documents Required
Applicants should keep the following documents ready before starting the application:
The applicant's Aadhaar card for identity
The applicant's Aadhaar card for identity
A certificate confirming the occupation of the applicant
A certificate confirming the occupation of the applicant
A certificate signed by a local Revenue Officer,…
A certificate signed by a local Revenue Officer, Municipal Officer, Cantonment Executive Officer, Railway Officer, Gazetted Officer, elected municipal member, Gram Panchayat Pradhan, or Regional Manager of an RRB/Nationalised Bank
Further documents, if needed
Further documents, if needed
2014-10-02
How to Apply
Offline Application
Applicants can apply for Loan Based Schemes For Safai Karamchari - Sanitary Marts Scheme through the offline application process outlined below.
Application Portal: Open Application Portal ↗
Application Process
Application Process
Beneficiaries submit loan applications to the District Offices of NSKFDC's State Channelising Agencies (SCAs), or to branches of Regional Rural Banks (RRBs)/Nationalised Banks.
These District Offices/branches scrutinise the applications and pass them on to their Head Offices.
The SCAs/RRBs/Nationalised Banks assess project viability and forward the viable ones to NSKFDC with their recommendations.
Post-Application Process
NSKFDC's Project Appraisal Committee also reviews these proposals, and those found in order go before the Board of Directors for consideration and sanction; once the Board sanctions a proposal, sanction letters (Letters of Intent) are issued to the SCAs/RRBs/Nationalised Banks for their acceptance.
After the sanction terms are accepted and the loan agreement and other documents are executed, funds are released to the SCAs/RRBs/Nationalised Banks for onward disbursement to beneficiaries — NSKFDC releases these funds on receiving a demand from the SCAs/RRBs/Nationalised Banks, taking into account all release parameters under its Lending Policies & Guidelines (LPG).
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.