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Scheduled Caste Entrepreneurs may now avail Special Loans

The central government plans to upgrade the employment status and financial condition of SC entrepreneurs via a special grant named Venture Capital Funds. It was launched with minimum funds of Rs.200 Crore and will be sponsored by the Industrial Finance Corporation of India (IFCI). IFCI would act as a Nodal Agency as well as an Asset Management Company (AMC) along with the government under this scheme.


Venture Capital fund is to boost entrepreneurship among Scheduled Caste who constitutes 16.62% of India’s total population (Census 2011). 

What is the Scheme?

Any entrepreneur belonging to SC community can get financial support up to Rs. 15 Crore for a period of 6 years under this scheme.

Financial benefits:

Benefits upto Rs. 5Crore Investment shall be funded upto 75% of project cost and 25% will be funded by the promoters
Benefits above Rs.5 Crore Investment here has to be funded upto 50% of project cost, 25% shall be funded by banks/institutions and the rest 25%shallbe funded by the promoters.


Eligibility Criteria:

  • Only asset created out of the funds set up in scheme shall be considered.
  • Women SC entrepreneurs will be preferred while selecting the entrepreneurs.
  • Companies that are having 60% of SC staff for continuous 1year in management shall be considered.

Selection Process:

Any proposal under this scheme would go through two Committees and four stages-

  • Screening Committee (Preliminary Stage)- A proposal first would go through this committee to check whether the proposal is meeting Eligibility Criteria and Preliminary Appraisal Parameters as mentioned in Schedule I. After this the proposal would be taken for detailed screening, appraisal and negotiation process.
  • Investment Committee (Final Stage)-
  1. The detailed proposal then shall be considered by the Investment Company for sanction of loans.
  2. The level of financial assistance shall be considered by this committee.
  • Legal Documentation Stage- After the sanction of loan, Letter of Intent along with the terms and conditions of the loan shall be issued to the beneficiary.
  • Disbursement Stage- After all this above mentioned processes, disbursement would be made as per the terms and conditions of the loan. For loans above 5 Crore sanctioned by the committee would have to be in proportion with the loan released by the bank.


Time duration:

Generally 3-4 months time is required for any proposal to get sanctioned for loan.

How to avail the benefits:

Click here to apply

For more information on this scheme click 


About Sahitya




    • Loan

    • hello vinod kumar bhartiji,
      sir, it’s too easy to take loan on our available property. please avoid it if your repaying capacity is poor. if you still want to open a furniture factory i will suggest opposite. please invest a little amount available with you, keeping in mind their are many constraints with the business which may be avoided over a period of time by small-small amount of investment in your business.

      • Hello Sir,
        ST/sc Entrepreneurship loan:
        Fill the form for apply:
        For more info: Click Here

  2. Want to start a 2 wheeler showroom in Anand Gujarat want financial support from goverment sschemes

  3. i required sc loan what is the critaria and requirement.

  4. I want loan for business

  5. Sir mera computer center hai .add.main bazar kalanaur Rohtak (Haryana) near PNB Bank.
    Sir muge apne center par loan lena hai .

  6. Dear sir,
    I am Mahesh Ram from Jharkhand. How will I get schedule cast loan please inform to me in this number 7079642234… Or email id is [email protected]
    I want to do start business or take a auto rickshaw….

  7. sharath kumar h.r


    i want to open the wine shop. I need loan and also licence as per government rules. Any reservation facilities is their tell me and also about how much payment as per in government.

  8. i need this loan urgently

  9. Loan 50000/-

  10. Dear sir,
    I am Nikhil Barathe from pune (Maharashtra) and I am belong to SC category , I have my own land here itself in pune IT area, I had a plan to build up a guest house accommodation with food for these IT department students or worker. I do require a loan to make my dreams true I.e while build up this guest house.

    Awaiting for your positive response, kindly revert back asap.

    Thanking you,

    Best regards,
    Nikhil Barathe

    • hello nikhilji,
      sir, it’s great you are from such a community who is well known for it’s hardships along with soft tongue and mild behavior which is plus point if you are starting your own business. congratulation for your own land in pune IT area. instead of taking huge loan from any agency, you may consider selling surplus part of land available with you if any. if not try to avail that loan which may not affect your business growth incrementally. please check your repaying capacity before taking any loan. don’t think negative for any constraints associated with businesses, think progress. I am sure you will be succeeded.
      have a nice entrepreneurship. best of luck.

  11. I want 6cr loan I open turning c n c machine shop Sc / in Karnataka rural development area .I waiting for positive response…….

  12. Dr.Anup Kumar Patra

    I am Dr. Anup kumar paschim midnapur west bengal. Found a brik industry.

    Weatht for you progetive respons


  14. I want start my Business I need loan

  15. I am a architect from Pune. I am a scheduled caste. I have been practicing freelance and operating from home since 10 years . Now I intend to set up a business firm/ Pvt Ltd company for architectural services and project management . For this I need financial assistance 10-15 lacs for office set- up, salaried staff, computers, plotters, marketing brochures, profiles etc,
    Please help me in this regards. My phone number is 9527106777 . My email I’d – [email protected].

  16. I want to open a pig farm for live stock. Can this be covered under this scheme?? I would really appreciate if anyone can guide me any options apart from NABARD.

  17. Hiii this is Raj from sc caste my requirement is business loan upto 10 to 25 lacs plz help for the same.

  18. Sir
    Iam a shoes macker from sc cast i want aloan for grow my business pleas help me for loan 800000

  19. I am sc category. I open small businesses in service thermoplastik road marking work and traffic control counstruction. I need new mashinary of lon. me sc. Lone scheam.

  20. i want to start business and i need a loan assistance

  21. Nikhil Ranjan Barman

    I need a pickup truck. Please help me. My family background is too poor. I need this to earning some money and to help my family.

  22. Ruchika deegwal

    Loan for sc catagery woman loan for small business of 5lac-25lac, pls provide me all details.

    • Fill the form for apply:
      For more info: Click Here

  23. mala urjent loan pahije sir 50000

    • Hello Sir,
      Fill the form :
      For more info: Click Here

  24. I want to open a hardware shop and I belong to the SC category.. How can I apply for this loan?

    • Hello Shubham,
      Fill the form provided in this link to avail entrepreneur loan.

  25. Avinash N Jagtap

    My name Avinash Jagtap, from Pune, we have pipe industry from last 40 yrs, running successfully, at present we have land of 9 acres costs around 50 crs, I want to set up packaged drinking water plant in our premises for my son abhishek, who is mechanical engineer, we have ample of water, my demand is 1.20 Cr, and I belong to sc community.

    • Hello Sir,
      Fill the form for apply:
      For more info: Click Here

  26. Reena industries

    My name is Some seats Rao .G l want machinery loan with subsidy ,amount estimation around 10 lacks

    • Hello Sir,
      To apply fill this form:

      For more info:

  27. i want a loan for purchasing truck

  28. Hello sir,

    My self indhira from ap state, I am planning to start small business on restaurant and I am from SC, could you please provide me the weather I am eligible to get or not.

    I need minimum of 12L amount in the tenure of 5to 10 years.

    Thanks in advance if you could provide the same ASAP.

    Best Regards,

  29. Bagul Dnyaneshwar Raghunath

    I am mech Engg. I want to open New company for Automotive press part stamping and machine for tooling manufacturing. Pls suggest..

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