A general term loan scheme by the Ministry of Social justice and Empowerment for Safai Karamchari, Manual Scavengers and their dependants aged 18 years and above for procurement of sanitation-related vehicles.
A general term loan scheme by the Ministry of Social justice and Empowerment for Safai Karamchari, Manual Scavengers and their dependants aged 18 years and above for procurement of sanitation-related vehicles.
The scheme "Swachhta Udyami Yojana-Swachhta Se Sampannta Ki Aur" has been launched by the National Safai Karamcharis Finance & Development Corporation (NSKFDC), Ministry of Social Justice and Empowerment, Government of India, and aims to ensure mechanised cleaning and provide related safe and sustainable livelihood opportunities to Safai Karamcharis and liberated Manual Scavengers. Through this scheme, financial assistance at concessional rates of interest is provided for the procurement and operation of sanitation-related equipment and vehicles for the target group. The scheme is implemented by NSKFDC through Channelising Agencies, partner banks, and in coordination with Urban Local Bodies. Financial assistance is available to individuals, Self-Help Groups, Joint Responsibility Groups, cooperatives, Dry Waste Collection Centres, and Urban Local Bodies. The scheme promotes mechanised sanitation activities and supports sanitation entrepreneurs through access to loans and capital assistance. NSKFDC also works with Urban Local Bodies to facilitate the procurement of mechanised cleaning equipment and the deployment of sanitation enterprises.
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1. Financial Assistance to Target Group Through Channelising Agencies:
BeneficiaryMaximum Project CostRate of Interest to BeneficiaryRepayment PeriodIndividual₹15,00,000 6% per annum*Up to 7 yearsSelf-Help Group (SHG) / Joint Responsibility Group (JRG) / Cooperative / Dry Waste Collection Centre₹50,00,0006% per annum*Up to 7 years> Conditions Associated with Benefits:
Financial assistance is provided through Channelising Agencies.
Channelising Agencies are charged 3% per annum by NSKFDC.
Beneficiaries are charged 6% per annum.
Women beneficiaries receive a 1% rebate.
A 0.5% rebate is available for timely repayment.
2. Financial Assistance to Urban Local Bodies:****
Financial assistance for procurement of sanitation-related equipment and vehicles costing up to ₹75,00,000 per unit.
> Additional Support:
> Gap funding through concessional loans for:
Municipal Solid Waste Management.
Construction of Pay and Use Community/Public Toilets.
Waste-to-Compost Units.
Waste Collection and Segregation Units.
Conditions Associated with Benefits
> Interest Rate: 7% per annum.
> Rebate: 1% for timely repayment.
> Repayment Period: 7 years.
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Step 1: Offline — Step 1
The applicant submits the loan application to the District Office of the State Channelizing Agency (SCA) of NSKFDC or to a Branch of a Regional Rural Bank (RRB) or Nationalised Bank.
Step 2: Offline — Step 2
The District Office of the SCA or the Branch of the RRB/Nationalised Bank scrutinises the application and forwards it to its Head Office.
Step 3: Offline — Step 3
The SCA, RRB, or Nationalised Bank appraises the project's viability and forwards viable proposals to NSKFDC along with its recommendations.
Step 4: Offline — Step 4
The Project Appraisal Committee of NSKFDC examines the proposal.
Step 5: Offline — Step 5
Proposals found to be in order are placed before the Board of Directors of NSKFDC for consideration and sanction.
Step 6: Offline — Step 6
After approval, NSKFDC issues a Sanction Letter (Letter of Intent) to the concerned SCA, RRB, or Nationalised Bank for acceptance.
Step 7: Offline — Step 7
The SCA, RRB, or Nationalised Bank accepts the sanction terms and conditions and executes the required loan agreement and other documents.
Step 8: Offline — Step 8
NSKFDC releases funds to the SCA, RRB, or Nationalised Bank based on demand and in accordance with the Lending Policies and Guidelines (LPG) of NSKFDC.
Step 9: Offline — Step 9
The SCA, RRB, or Nationalised Bank disburses the sanctioned financial assistance to the beneficiary. <br>
A moratorium period refers to a particular period of a loan tenure during which the borrower does not have repay anything. It can be described as a waiting period before the borrower will have to start paying the equated monthly installments (EMIs) for his or her loan
No, the scheme provides loans only to Safai Karamchari, Manual Scavengers and their dependants
Priority is accorded to scavengers, particularly those whose income is below double the poverty line, women from the target group, and persons with disabilities from the target group. <br>
Financial assistance is available for projects up to ₹15,00,000 for individuals and up to ₹50,00,000 for Self-Help Groups, Joint Responsibility Groups, cooperatives, and Dry Waste Collection Centres. <br>
Beneficiaries are charged interest at 6% per annum, subject to applicable rebates. <br>
Yes. Women beneficiaries receive a 1% rebate on the interest rate, and beneficiaries making timely repayments receive an additional 0.5% rebate. <br>
Applications should be submitted to the District Office of the State Channelising Agency of NSKFDC or a Branch of a Regional Rural Bank or a Nationalised Bank. <br>
The proposals are appraised by the concerned State Channelising Agency, Regional Rural Bank, or Nationalised Bank and subsequently examined by NSKFDC before being placed before its Board of Directors for sanction. <br>
Financial assistance can be availed for the procurement and operation of sanitation-related equipment and vehicles used for mechanised cleaning and other sanitation-related activities. <br>
Applications are accepted only on the official government portal.
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