:D. Devaraj Urs Backward Classes Development Corporation has invited applications from eligible candidates belonging to Category-1 2A,3A and 3B and backward class communities for availing loans and subsidies under Government Self-Employment Scheme for the year 2023-24. Financial assistance of Rs. 2 lakh will be provided out of which 15 percent of the amount will be provided as subsidy while for the remaining 4 percent amount interest must be paid.
Candidates aged between 18 and 55 years are eligible to apply. To avail loans under Self-Employment Scheme, the annual income of candidates residing in rural areas must not exceed Rs. 98,000 while those who are in urban areas must not exceed more than Rs. 1,20,000. Interested may submit their application along with copies of Caste and Income certificates, Aadhaar card attached to the prevailing bank account and bank passbook before Aug.
Devaraj Arasu Loan Application 2023
| Name of Scheme | D Devaraj Urs Individual Loan Scheme |
| Type of Scheme | Finance |
| Authority | D Devaraj Urs Backward Classes Development Corporation |
| Official Website | https://dbcdc.karnataka.gov.in/ |
| Beneficiary | Backward Class People of Karnataka |
| Loan Amount | Rs. 50000 |
| Loan Subsidy | 30% or Rs.10000 maximum |
| Loan Interest Rate | 4% per annum |
Eligibility Criteria devaraj arasu loan
- The candidates should be permanent residents of Karnataka.
- Aadhar Card Linked Current Bank Account at the time of application.
- Current caste income certificate should be given.
- Once benefited under any scheme of the Corporation, such person and his family are not eligible to apply again for the benefit. Such applications will be rejected.
Essential Documents
The candidates should scan the required Devaraj Arasu scholarship documents and upload them online at the time of application. They should ensure the documents contain accurate and authenticated details. Listed below are the essential Devaraj Arasu scholarship documents:
- Marksheets
- Applicant’s aadhaar card
- Caste certificate
- Disability certificate (if applicable)
- Income certificate of the applicants’ family
- Mandate form
- Bank details
devaraj arasu loan application
Interested candidates have to apply through Karnataka State Government website.
View website Click here At the time of application submission, applicants have to select their district while logging in.
After that, they can get fixed amount of loan for the job they intend to do through their details.
Loan is not come