Shrama Shakti Scheme Karnataka

Karnataka Government will provide a loan amount of Rs 50,000 at 4% interest rate to the eligible minority candidate.

Shrama Shakti Scheme Karnataka Benefit

The Shrama Shakti Scheme is launched to provide the following benefits to the minorities of Karnataka state.

• Minorities of the state will get low interest-rate loan for their business.
• The total loan amount will be Rs. 50,000.
• The interest rate will be just 4 %.
• The government will provide artistic and technical training for the minorities.
• If the candidate can pay half the loan amount in 36 months the rest half will be paid by the government as subsidy.
• This will help the youth of minorities of the Karnataka state to get into employment.

Karnataka Sandhya Suraksha Yojana

Shrama Shakti Scheme Karnataka Eligibility Criteria

To get the benefit of the Shrama Shakti Scheme, the following criteria should be met:

• The Candidate should be a permanent resident of Karnataka State.
• He/she should belong to a minority community of Muslim, Christian, Jain, Sikh, Parsi, or Buddhism.
• The legal age of the candidate should be 18 to 55 years.
• The financial assistance of the candidate should not be more than Rs 3.50 lakhs per annum.
• There should be no government or central employ in their family.
• The candidate should not be a previous loan defaulter.

Shrama Shakti Scheme Karnataka Document Required

• Print of Online Application Form.
• Proof of Residence [must be from Karnataka state]
• Minority Certificate [ most important document]
• Aadhar Card
• Income Certificate 
• 2 Photo Passport Size
• Bank Passbook Copy
• Project Report of the Business
• Self-Declaration Form
• Self-Declaration Form Surity

Karnataka Anna Bhagya Scheme

Shrama Shakti Scheme Online Apply

These are the following steps you should follow to apply for this scheme:

• Step 1:  Eligible candidates can go to the official website and fill out the online application form
• Step 2: Enter your valid mobile number and verify with OTP
• Step 3: Fill out all the required details such as Personal info, contact details, and project details.
• Step 4: Upload the valid documents in the portal
• Step 5: Check whether all the information is correct or not then click on submit.
• Step 6: Take out the print of the application form and attach all the required documents.
• Step 7: the district section panel will verify your application and they will approve after all the verifications are done
• Step 8: The eligible candidate will receive their loan amount in their bank account.

It is important to check all the documents before applying so the chance of rejection is negligible. The candidate must be a permanent resident of Karnataka state and should belong to a minority.

Shrama Shakti Scheme Included Minorities

This is the list of minorities that are included and eligible to take loan for the business:

• Muslims
• Christians
• Sikhs
• Jains 
• Parsi
• Buddhism 

Karnataka Gruha Jyothi Yojana

Shrama Shakti Scheme Status Check

• You can go to the official site of Shrama Shakti Scheme 
• Then you have to login and enter valid login details 
• After filling the details you can check the current status of your application.

Shrama Shakti Scheme Karnataka Login

If you have already applied for the Shrama Shakti Scheme then you can login by visiting the official website.

Puneeth Rajkumar Hrudaya Jyoti Yojana Karnataka

Shrama Shakti Scheme Karnataka Helpline Number

The helpline number of the Shrama Shakti Scheme are:

• 080-22860999
• 080-22861226

Email Id: kmdc.ho.info@gmail.com

Conclusion

In conclusion of this scheme by the government of Karnataka we must say this is a good initiative for the minorities especially for the youth who are willing to start there own business. Shrama Shakti Scheme will help them financially to establish their own business with a loan amount of very low-interest rate of 4%. In addition, if the candidate pays half of the loan amount in 36 months then the government is taking the initiative to pay the rest half as a subsidy which is really a point to appreciate to the government of Karnataka. We believe this scheme will help the youth of minorities from the Karnataka state to have a better future and initial investment for their dream businesses.