SASSCDC Scheme 2026: Low-Interest Margin Money Loans & Subsidy for SC Entrepreneurs
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Quick answer
The Scheme of Assistance to State Scheduled Castes Development Corporations (SASSCDC) provides margin money loans at low interest rates and repayment subsidies to Scheduled Caste individuals living below the poverty line. It supports economic ventures across agriculture, small industry, transport, and trade. Eligible applicants can apply offline by submitting a business proposal at their local district SCDC office.
At a glance
| Main benefit | Low-Interest Margin Loans and Repayment Subsidies |
| Ministry / department | Ministry Of Social Justice and Empowerment |
| Level | Central Government |
| Application mode | Offline |
About the scheme
Introduced by the Ministry of Social Justice and Empowerment, the Scheme of Assistance to State Scheduled Castes Development Corporations assists Scheduled Caste individuals living below the poverty line in launching self-employment and economic activities. Operating across 23 States and 4 Union Territories, the scheme features a 49:51 equity sharing structure between the Central and State Governments. Beneficiaries receive concessional margin money loans alongside subsidies that lessen their repayment burden, backed by credit partnerships with local commercial banks, the National Scheduled Castes Finance and Development Corporation, and the National Safai Karamcharis Finance and Development Corporation.
Benefits
- Financial assistance provided through margin money loans at low rates of interest.
- Subsidy support to reduce the loan repayment liability of beneficiaries.
- Subsidy quantum and ceiling aligned with norms under the Integrated Rural Development Programme.
- Credit linkage and support through tie-ups with commercial banks, NSFDC, and NSKFDC.
- Financial coverage for viable projects in agriculture, minor irrigation, small scale industry, transport, trade, and service sectors.
Who can apply (eligibility)
- The applicant must belong to the Scheduled Castes community.
- The applicant must be living below the poverty line (BPL).
Who cannot apply
- Individuals with family income above the poverty line.
- Applicants not belonging to the Scheduled Castes community.
Documents required
- Caste Certificate
- Income Certificate or BPL Certificate
- Identity Proof
- Address Proof
- Project Proposal or Business Plan for the intended economic activity
How to apply
- 1Visit the nearest district office of the State Scheduled Castes Development Corporation (SCDC) in your state.
- 2Obtain the official application form for the economic assistance scheme from the SCDC office.
- 3Fill in all mandatory details in the form, including your personal details and proposed business activity.
- 4Attach self-attested photocopies of your Caste Certificate, BPL Certificate, ID proof, address proof, and project proposal.
- 5Sign, date, and submit the completed application form along with all supporting documents to the SCDC office, keeping an acknowledged copy for future reference.
Frequently asked questions
Who is eligible to receive financial assistance under SASSCDC?+
Any individual who belongs to the Scheduled Castes community and lives below the poverty line is eligible to apply.
What types of business activities are supported under this scheme?+
The scheme supports viable ventures in agriculture and allied activities (including minor irrigation), small-scale industries, transport operations, and trade or service sector enterprises.
How is the subsidy amount determined?+
The quantum and ceiling of the capital subsidy are aligned with the standards established under the Integrated Rural Development Programme.
What is the exact interest rate on margin money loans?+
Margin money loans are extended at concessional, low interest rates, though the exact percentage is determined under state guidelines and not fixed in central scheme rules.
Which financial institutions provide credit under the scheme?+
Credit facilities are arranged through tie-ups with regular commercial banks, the National Scheduled Castes Finance and Development Corporation (NSFDC), and the National Safai Karamcharis Finance and Development Corporation (NSKFDC).
How can I submit an application for this assistance?+
You must apply offline by collecting and submitting the application form along with your project plan and certificates to your local district SCDC office.
NaukriZila is not a government website. Apply only on the official portal; never pay anyone to apply for a government scheme. Source: myScheme (Government of India)