Industrial Sector Scheme - HSFDC
The Industrial Sector Scheme (ISS) is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) with support from the National Scheduled Castes Finance and Development Corporation (NSFDC). The scheme is designed to promote entrepreneurship and industrial development among Scheduled Caste (SC) beneficiaries in Haryana.
The primary objective of the scheme is to provide financial assistance in the form of term loans, working capital, and subsidy support for setting up or expanding industrial and manufacturing units. By facilitating access to affordable finance, the scheme aims to empower SC entrepreneurs to establish sustainable businesses and generate employment. For you as an MSME or aspiring entrepreneur from the SC category in Haryana, this scheme can help you start or scale an industrial unit with reduced financial burden.
Key Features
- Support for Industrial Units - The scheme provides financial support to establish small-scale industrial and manufacturing units, enabling beneficiaries to start production-based businesses.
- Loan-Based Assistance - Financial assistance is primarily provided through term loans and working capital loans, making it easier for entrepreneurs to finance machinery, infrastructure, and operations.
- Margin Money Support - The scheme offers margin money assistance, reducing the amount of personal contribution required from the beneficiary.
- Subsidy Component - A subsidy component is also included, which reduces the overall repayment burden for eligible beneficiaries.
- Focus on SC Entrepreneurs - The scheme specifically targets Scheduled Caste beneficiaries, ensuring inclusive growth and economic empowerment within the state.
Financial Assistance
Eligibility Criteria
To qualify for benefits under this scheme, the applicant must meet the following conditions:
- The applicant must belong to the Scheduled Caste (SC) category.
- The applicant must be a resident of Haryana.
- The applicant should be within the prescribed income limits (generally for economically weaker sections).
- The applicant must be engaged or willing to engage in industrial or manufacturing activities.
- The applicant should have basic knowledge or experience in the proposed business activity.
- The applicant must not be a defaulter of any bank or financial institution.
Documents Required
Key documents typically required include:
- Aadhaar Card
- Scheduled Caste certificate
- Residence proof
- Project report
- Income certificate
- Bank account details
- Passport size photographs
Application Process
Option 1: Apply with Bullit, Recommended
Start instantly with our guided application support, where our team verifies eligibility, prepares documentation, and coordinates with the Industries Department on your behalf. Using our business loans and compliance calendar, you can track progress while focusing on project execution, we manage the application end-to-end.
Option 2: Apply Online / Offline (Government Process)
Online Process
- Visit the official Haryana government or HSFDC portal.
- Register and log in.
- Fill in the Industrial Sector Scheme application form.
- Upload required documents.
- Submit the application.
- Track status through the portal.
Offline Process
- Visit the nearest HSFDC office or district welfare office.
- Obtain the application form.
- Fill in details of the proposed industrial project.
- Attach required documents.
- Submit the application to the office.
- The application is verified and forwarded for approval and loan sanction.
Frequently asked questions
What is the objective of the Industrial Sector Scheme (HSFDC)?
The scheme aims to promote industrial entrepreneurship among Scheduled Caste individuals by providing financial assistance for setting up manufacturing and industrial units.
Who implements this scheme in Haryana?
The scheme is implemented by the Haryana Scheduled Castes Finance and Development Corporation in collaboration with NSFDC.
What type of financial assistance is provided?
The scheme provides term loans, working capital, margin money support, and subsidy for industrial projects.
Who can apply for this scheme?
Individuals belonging to the Scheduled Caste category and residing in Haryana can apply, subject to eligibility conditions.
What is the maximum loan amount available?
The loan amount may go up to ₹10 lakh or more depending on project requirements and scheme norms.
Is subsidy available under the scheme?
Yes, the scheme includes subsidy support, though the exact amount depends on project cost and applicable guidelines.