Trade and Business Sector Scheme - HSFDC
Trade and Business Sector Scheme is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC) under the Government of Haryana. The scheme aims to promote self-employment among Scheduled Caste (SC) individuals by providing financial assistance for starting or expanding trade and business activities. It supports small retail, trading, and service-based enterprises, helping you establish a stable source of income. As an MSME or aspiring entrepreneur, your business can benefit from concessional loan support to build and grow sustainable ventures.
Key Features
- Financial assistance for business setup: The scheme enables you to start or expand business activities by providing loan support tailored to your requirements. It encourages entrepreneurship in trade and service sectors.
- Targeted beneficiary focus: The scheme specifically supports Scheduled Caste individuals, ensuring focused financial inclusion and economic upliftment.
- Wide sector coverage: You can utilise the loan for various activities such as retail shops, trading businesses, and service-based enterprises, allowing flexibility based on your skills and local demand.
- Concessional loan structure: Loans are offered at lower interest rates compared to market options, reducing repayment burden and improving business viability.
Financial Assistance
Eligibility Criteria
- Must belong to Scheduled Caste (SC) category
- Must be a permanent resident of Haryana
- Should fall within prescribed income limits
- Must be willing to start or expand a trade/business activity
- Should not be a defaulter of any financial institution
Non-Eligibility Conditions:
- Applicants not belonging to SC category
- Individuals exceeding income limits
- Defaulters of previous loans
Documents Required
- Aadhaar Card
- Haryana Domicile Certificate
- Caste Certificate (SC)
- Income Certificate
- Bank account details
- Passport size photograph
- Business plan or activity details
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 (SARAL Portal):
- Register on Antyodaya-SARAL portal
- Login and search for the scheme
- Fill application form
- Upload required documents
- Submit application
- Receive acknowledgement number
- Track application status
- Escalate through grievance system if required
Offline:
- Visit HSFDC office or CSC centre
- Fill application form
- Attach required documents
- Submit to concerned authority
- Receive acknowledgement receipt
- Follow up for status
Frequently asked questions
What is the objective of the scheme?
The scheme aims to support Scheduled Caste individuals by providing financial assistance for starting or expanding trade and business activities.
Who can apply under this scheme?
Permanent residents of Haryana belonging to the Scheduled Caste category and meeting income criteria are eligible to apply.
What is the maximum loan amount available?
Loan assistance is available up to ₹10 lakh, depending on the nature and requirement of the business activity.
What types of businesses are supported?
The scheme supports retail, trading, and service-based businesses that generate sustainable income.
What is the interest rate under the scheme?
The interest rate is concessional and determined by HSFDC guidelines, making it lower than commercial lending rates.
Is collateral required for the loan?
Collateral requirements depend on loan amount and scheme guidelines, with smaller loans often having relaxed conditions.