Green Business Scheme
NSFDC's Green Business Scheme offers subsidized loans to Safai Karamcharis (sanitation workers), scavengers, and their dependents to set up eco-friendly income-generating businesses such as e-rickshaws, solar gadgets, compressed air vehicles, or poly houses. The loan covers up to 90% of the project cost, with only a 10% personal contribution required. Apply through nskfdc.nic.in or submit to your local State Channelizing Agency (SCA) district office.
About This Scheme
NSFDC's Green Business Scheme offers subsidized loans to Safai Karamcharis (sanitation workers), scavengers, and their dependents to set up eco-friendly income-generating businesses such as e-rickshaws, solar gadgets, compressed air vehicles, or poly houses. The loan covers up to 90% of the project cost, with only a 10% personal contribution required. Apply through nskfdc.nic.in or submit to your local State Channelizing Agency (SCA) district office.
Full official description
The Green Business Scheme has been launched by the National Safai Karamcharis Finance and Development Corporation (NSFDC) to provide financial assistance in the form of loans for activities that can tackle the impacts of climate change and also be income-generating. The income-generating activities that could mitigate the Green House effect or could be classified under adaptation initiatives, would be covered under the scheme.
Indicative schemes
Battery electric vehicle(E-rickshaw), Compressed air vehicle, Solar energy gadgets, Poly houses.
Quantum of loan
90% of the Unit cost with a maximum of Rs. 2 lac. Quantum of loan shall, however, be reduced to the extent of the amount of subsidy available, if any.
Promoters’ contribution
10% of the unit cost
Benefits
- Loan: up to 90% of unit cost
- Maximum loan: ₹6.75 lakh (for projects up to ₹7.5 lakh); up to ₹27 lakh for larger projects
- Borrower contributes 10% of the unit cost
- Interest rate (beneficiary share): 4% for projects up to ₹7.5 lakh; 6% for ₹7.5–15 lakh; 7% for ₹15–30 lakh
- 1% interest rebate for female beneficiaries
- Repayment: quarterly installments over up to 10 years, including a 6-month moratorium
- Eligible activities: e-rickshaws, solar energy gadgets, compressed air vehicles, poly houses
Who Can Apply (Eligibility)
- Must be a Safai Karamchari (sanitation/sweeper worker), scavenger, or their dependent
How to Apply
The beneficiaries submit the loan applications to the District Offices of State Channelizing Agencies (SCAs) of NSKFDC, Branches of Regional Rural Banks (RRBs), and Nationalized Banks. The District Offices of SCAs/Branches of RRBs/Nationalised Banks send these applications after scrutiny to their Head Offices. The viability of the project proposals is being appraised by the SCAs/ RRBs/Nationalised Banks and the viable projects are sent to NSKFDC along with their recommendations.
Step 1: Visit to official website.
Step 2: Click on How to Apply. Tap on the Loan application form.
Step 3: Click on Loan application form.
Step 4: Fill in all the details and tap on save to save the application form.
Frequently Asked Questions
What is the interest rate offered by the scheme?
The interest rate offered by Green Business Scheme is as low as 2% per annum, only for people falling under Scheduled Castes.
What is the loan amount offered under the scheme?
The maximum loan amount offered is up to Rs. 30 lakh.
What is the repayment tenure of the laon amount?
The repayment tenure of the loan amount is 10 years, including a 6-month moratorium period.
What are the activities for which a loan under the scheme are provided?
- Battery-electric vehicle (E-rickshaw)
- Compressed air vehicle
- Solar energy gadgets
- Poly houses
What is the purpose to avail the loan amount?
For purchasing electric and compressed air vehicles, polyhouses, and solar energy products.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Aadhaar Card
- Driving License
- Bank Details
- Caste Certificate
- Income Certificate
- Domicile Certificate