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Shrama Shakti Scheme Karnataka 2024: Apply Online, Document, Eligibility And Benefits

Shrama Shakti Scheme Karnataka: Karnataka Govt launched the Karnataka Shrama Shakti Scheme to provide benefits to the minority community. Under the scheme, the govt will offer low-interest financing (4 to 5 %) and skill training to members of the minority class under this program.

In this article, you will find the details about the Karnataka Shrama Shakti Scheme, its Highlights, Objectives, Benefits, Eligibility Criteria, Required Documents, Steps to Apply for Scheme, and so on.

Shrama Shakti Scheme Karnataka 2024

The Chief Minister of Karnataka state Mr.Siddaramaiahand the department of Karnataka Minorities Development Corporation Limited have launched Shakti Scheme. Under this scheme, the candidate will get a financial loan amount to start their own business. Loans up to Rs.50,000 will be provided to the eligible candidate for 36 months.

If the candidate has returned the half amount of the loan before 36 months then the rest amount will be recognized as a back-end subsidy. There will be a 4% interest rate on the loan amount. The candidate will also get training to learn artistic or technical skills. If the candidate’s family member is involved in any government job or unit then the candidate is not eligible for the loan amount through this scheme.

Key Highlights of the Shrama Shakti Scheme Karnataka

Scheme NameKarnataka Shrama Shakti Scheme
Initiated ByGovernment of Karnataka
StateKarnataka
ObjectiveFinancial loans up to 50,000 rupees
BenefitsFinancial loan up to 50,000 rupees
Interest Rate4 percent
Official Websitehttps://kmdc.karnataka.gov.in/

Shrama Shakti Scheme Karnataka Features & Benefits

० The Chief Minister of Karnataka state Mr. Siddaramaiah and the department of Karnataka Minorities Development Corporation Limited have launched Shrama Shakti Scheme.

० Under the Karnataka Shrama Shakti Scheme, the candidate will get a financial loan amount to start their own business.

० The government will provide loans up to Rs.50,000 to the eligible candidates
This loan will only be given for 36 months.

० In case the candidate has returned the half amount of the loan before 36 months then the rest amount will be recognized as a back-end subsidy.

० The government will charge a 4% interest rate on the loan amount.

० The candidate will also get training to learn artistic or technical skills.

Eligibility Criteria For Shrama Shakti Scheme Karnataka

० Applicant should belong to religious minority community.

० Applicant should be a permanent resident of Karnataka.

० Age limit should be between 18 to 55 years.
Annual family income of the applicant from all sources should be below Rs. 350000/-.

० Any member of the applicant’s family should not be Central/State Government employee.

० Applicant or his/herfamily members should not have availed benefits from any other scheme (Excluding Arivu Scheme) of the KMDCL in the last 5 years.

Documents Required For Shrama Shakti Scheme Karnataka

  • Income Certificate.
  • Aadhar Card.
  • Project Report.
  • Passport Size Photo.
  • Self Declaration Form.
  • Surety Self Declaration Form.
  • Bank Account Details.
  • Online Application Form.
  • Residence Proof of Karnataka.
  • Minority Certificate.
  • Caste Certificate.

Application Process for Applying under the Shrama Shakti Scheme Karnataka

Step 1:- Applicants first need to visit the Official KMDC Website of Karnataka Minorities Development Corporation Limited.

Step 2:-The homepage will appear on your screen, here you need to click on the Application Form option.

Step 3:-Here you need to enter your Mobile number for verification. After that you need to enter the following details:
० Name
० DOB
० Annual income
० Community, etc.
Step 4:-After filling all these details you need to click on the Print Application form option.

Step 5:-Now attach the documents with your application form and submit it to the District Selection Panel.

Contact Details

For further details or in case of any query or complaint related to the Shrama Shakti Scheme, feel free to contact on the below-given details:

Address:

39-821, 2nd Floor,

K M D C BHAVAN,

Subedar Chatram Road,

Sheshadripuram,

Bengaluru – 560020, Karnataka

Phone Number: 080-22860999 & 080-22861226

Email id: kmdc.ho.info@gmail.com

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