Credit Card Scheme fo Artisan & Weavers for Handloom Department

• :The objective of the credit card scheme for artisan & weavers is to provide adequate and timely assistance from the financial institutions.

• A maximum limit of Rs. 2 lakh will be fixed with loan component of Rs. 1.8 lakh and beneficiaries contribution of Rs. 20000. Interest Subsidy of 7% for a period of five years from the date of disbursement of the loan subject to annual review of the competent authorities.

  1. Benefits of the public:- The main aim of the above mentioned schemes is to provide credit to the weaver community to generate self employment and achieve the aim of Atam Nirbhar Bharat.
  2. Eligibility Criteria: – Registered weavers or traditional weavers can apply for the scheme.

Beneficiary:

Public

Benefits:

public