Muslim Minority Loan Scheme Telangana 2023, Online Application Form, Subsidy Apply Online:-The Government of Telangana launched the Loan Scheme 2023 for the minority communities of its state. The main objective of this scheme was to provide financial help to the youths of minority communities of their state so that they can start their business. Under this scheme of the Telangana Government, financial assistance was being provided to the minority communities’ people to start their businesses. The main objective of launching this scheme was to give the same respect and rights to the minority communities in society.
This scheme has been launched in 2023 but now its subsidy has been increased. The Government of Telangana has arranged 2 types of loans under this scheme but now its subsidy has been increased. The official portal has been launched for this scheme issued by the Telangana Government whoever is interested can go to the official portal. You can apply for the scheme by getting your registration done. Telangana Government will launch many members for the minority class people so that they can get respect in society. How you can apply for this scheme, in this article we will discuss all about this scheme to go into detail with the article till the end.
Muslim Minority Loan Scheme Telangana 2023
The Government of Telangana has launched the Loan Scheme 2023 to make the minority communities of its state economically strong. The main objective of this scheme is to provide 2 types of loans to the minority communities of Telangana so that they can start their businesses and grow economically. Earlier, an 80% subsidy was being provided on the loan of Rs 1 lakh under the scheme by the government of Telangana but now the subsidy has been increased to 100%.
Now Telangana Government will provide a 100% subsidy on loans of Rs 1 lakh to minority people in this scheme. On the other hand, a 70% subsidy will be provided on a loan of Rs 2 lakh. Under this scheme of the Telangana Government, 1.5 lakh people of Telangana State will get benefit from this scheme. The distribution of checks for the first phase of this scheme has been started by the Telangana Government from 16th August 2023. In the first phase, a total of 10,000 beneficiaries will be provided with the benefits of this scheme. A total of Rs 270 crore has been released for this scheme of this scheme. Out of which a budget of Rs 130 crores has been declared for the first phase.
Muslim Minority Loan Subsidy Details
| Scheme name | Muslim Minority Loan Scheme |
| Year | 2023 |
| State | Telangana State |
| Launched in | 2023 |
| Launched by the | Chief Minister of Telangana State |
| Beneficiaries | Minority Community people |
| Aim and benefit | Providing financial help for business |
| Loan amount | RS 1 lakh and RS 2 lakh |
| Subsidy | 70% to 100% |
| Total budget | RS 260 crore |
| First phase beneficiaries | 10,000 beneficiaries |
| Registration mode | Online mode |
| Official website | http://tsmfc.in |
Eligibility Criteria For Muslim Minority Loan
- The applicant must be permanent residents of Telangana State.
- Only applicants aged 21 years to 55 years can apply for this scheme.
- The annual income of the applicant’s family must be less than RS 1.5 lakh.
Required Documents
- Aadhar card.
- Resident certificate.
- Photos passport-size.
- Annual income certificate.
- Mobile number.
- Caste certificate.
- Bank account.
| Brahmin Parishad Best Scheme Telangana |
| Telangana Chenetha Maggam Scheme 2023 |
| Telangana Gruha Lakshmi Beneficiary List |
| Yantra Lakshmi Scheme 2023 |
| Minority 1 Lakh Scheme 2023 Apply |
Telangana Muslim Minority Loan Subsidy Application Form Pdf
- First, you can visit the official website of the Muslim Minority Loan Scheme.
- Now you can go to the minority loan scheme 2023 link on the homepage.
- Click on the loan scheme link and a form will open.
- Now fill out the loan scheme form with detail.
- Attach the required documents with the loan scheme form and submit this form.
Check Muslim Minority Loan Application Status 2023
- Go to the official website of the Telangana Government Loan Scheme.
- Now click on the loan scheme 2023 link.
- You can see an option to check beneficiary status click on it.
- Add your detail and check the status of your Muslim Minority Loan Scheme Telangana application.
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FAQ
RS 1 lakh to RS 2 lakh.
70% to 100%.
Only minority people of Telangana State can apply for this scheme.