Financial Assistance for SC & OBC
The SC & OBC Financial Assistance programs provide affordable loans, subsidies, and skill-development support to Scheduled Caste and Other Backward Class entrepreneurs. These schemes help uplift communities by supporting business creation, self-employment, and economic empowerment.
Key Highlights
What is SC & OBC Financial Assistance?
Financial Assistance for SC & OBC Communities is provided through government-backed loan and subsidy schemes managed by corporations like NSFDC (National Scheduled Castes Finance & Development Corporation) and NBCFDC (National Backward Classes Finance & Development Corporation).
These programs aim to uplift disadvantaged sections by providing easy loans, training, subsidies, and support for entrepreneurship.
Benefits include low interest rates, long tenures, margin money subsidy, and priority bank processing.
Loan Categories Available
Small Business Loans
₹1 – ₹10 Lakhs
For new and small-scale ventures
General Term Loans
₹10 – ₹30 Lakhs
For manufacturing, services, trading
High-Value Loans
Up to ₹50 Lakhs
For medium-scale units and expansion
Skill Development Loans
₹10,000 – ₹1 Lakhs
For training & skill enhancement programs
Education & Livelihood Loans
₹50,000 – ₹5 Lakhs
For income generation & self-employment
Micro-Credit
₹10,000 – ₹50,000
For micro-enterprises & home-based units
* Loan amount varies across NSFDC, NSKFDC & NBCFDC programs.
Subsidy & Margin Money Support
| Category | Subsidy Percentage |
|---|---|
| SC Entrepreneurs | 25% – 35% |
| OBC Entrepreneurs | 15% – 25% |
| Women, PH, Minorities | 25% – 35% |
Eligibility Criteria
Applicant should belong to SC or OBC category
Caste certificate mandatory
Age: 18–55 years
Annual family income criteria may apply
New or existing units eligible (scheme specific)
Must not have defaulted in past loans
Benefits of SC/OBC Financial Assistance
Low interest rates: 4%–8%
Loans up to ₹50 Lakhs
High subsidy up to 35%
Priority lending for SC/OBC
Covers manufacturing & services
Minimal collateral for small loans
Government-backed schemes
Skill training support available
Documents Required
- Aadhaar Card & PAN Card
- Caste Certificate (SC or OBC)
- Income Certificate
- Bank Statements (6–12 months)
- DPR / Project Report
- Business Proof / Registration (if applicable)
- Address Proof
- Quotations of Machinery / Assets
- Passport Size Photos
- Education Certificates
How to Apply
- 1. Prepare a detailed DPR / business plan
- 2. Collect caste & income certificates
- 3. Approach relevant corporation (NSFDC/NBCFDC) or bank
- 4. Submit application & documents
- 5. Loan appraisal & credit evaluation
- 6. Approval from corporation/bank
- 7. Loan sanction & subsidy release
- 8. Fund disbursement to applicant
Common Reasons for Rejection
- Missing caste certificate or incorrect documents
- Weak project report / unclear viability
- Poor credit history or loan defaults
- Ineligible income range
- Incomplete application form
- Mismatched category documents
How Saarthium Helps You
DPR preparation for SC/OBC schemes
Documentation support
Caste & income certificate guidance
Selecting suitable government scheme
Application filing assistance
Bank/Credit coordination
Follow-up until disbursement
Quick Information
Why Choose Us?
Expert Team
CA, CS & Legal Experts
Fast Process
Quick turnaround time
Trusted Service
Trusted by businesses
Frequently Asked Questions
What is SC/OBC Financial Assistance?
Who is eligible?
What is the maximum loan amount?
Are subsidies available?
Is DPR required?
Need Assistance Applying for SC/OBC Loans?
We help with DPR preparation, documentation, eligibility screening, and loan approval support for SC/OBC financial assistance programs.