PC: thewire.in


Department of employment of jammu and Kashmir has come up with a new scheme to provide loan to Ex-Servicemen for their new business.


The aim of the Scheme is to encourage and assist eligible ex-servicemen to take up self- employment service ventures in Tiny, Small Scale Industry and Small scale Service and Business [Industry Related] Enterprises. Under the scheme, training in entrepreneurship is also provided to them facilitating success of the project.


  • Ex-servicemen, war widows of ex-Servicemen and disabled Service personnel, sponsored for assistance under the scheme by Director General Rehabilitation, after screening by a Committee constituted for the purpose, are eligible for assistance.
  • The applicants should be:
  1. Upto 60 years of age
  2. Registered with Zila Sainik Board (ZSBs), where no ZSBs are functioning  the applicant should be registered with Rajya Sainik Board (RSB)
  3. Should not have availed loan assistance under any other scheme.
  • Retired personnel of para-military forces such as BSF, Assam Rifles, GREF  etc. are not covered at present under the definition of ex-Servicemen and are, therefore, not eligible to apply for assistance under the scheme.


  • Loan can be upto Rs 15 lakhs at low interest
  • Term loan can be upto Rs 11.25 lakhs

How to apply:

Registration:  An applicant satisfying the conditions will be registered under SEMFEX-I Scheme at ZSBs/RSBs in separate Self- Employment Registers. This Registration Number will be entered in Part II of the application. The registration number should be quoted in all future correspondence.

Contact Person:

  • Officer Incharge, Small Industries Development Bank of India (SIDBI),13 C/C, Gandhi Nagar, Jammu .
  • Managing Director, State Financial Corporation( SFC),Srinagar/Jammu.
  • Director Sainik Welfare Board, Department of Sainik Welfare, Jammu.

For More Info: Click here

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