Devaraj Arasu Loan Scheme 2023|Application Form

: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 SchemeD Devaraj Urs Individual Loan Scheme
Type of SchemeFinance
AuthorityD Devaraj Urs Backward Classes Development Corporation
Official Website
BeneficiaryBackward Class People of Karnataka
Loan AmountRs. 50000
Loan Subsidy30% or Rs.10000 maximum
Loan Interest Rate4% 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.

Vikrant Rona Advance Booking

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 

Shaadi Bhagya Yojana

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.

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