Welcome to Minorities Telangana Minorities Development 

Hyderabad District , 

The Telangana State Minorities Finance Corporation Limited has been incorporated under the Companies Act, 1956 in the year 1985. The main objective is to assist the weaker sections of Minorities viz; Muslims, Sikhs, Buddhists, Parsis and Jains for their socio-economic development in collaboration with Banks and Corporation provides Subsidy and interest Subsidy. The Source of funding for the corporate is from Government of Telangana and National Minorities Development and Finance Corporation, New Delhi.

Economic Support Scheme :

Eligibility
Name of the Scheme	Economic Support Scheme - Bankable Individual
Residency	Residents of Hyderabad District only
No. of Members	for Individual
Annual Income limit	upto Rs. 75,000/- per annum
Caste	for Minorities only
Age limit	Between 21 Years to 40 Years
Gender	for both Male & Female
Educational Qualifications	Not required
Financial pattern
Subsidy limit	50% of the Unit cost not exceeding Rs. 1,00,000/-
Margin Money	- Nil -
Beneficiary contribution	- Nil -
Bank loan	50% or Balance of the Unit cost
Unit Cost	Rs. 1,00,000/-
Reservation:
- Not applicable -
Requirements:
Filled in Application form - 2 Sets	Download
Enclosures Income Certificate - issued by the Tahsildar Caste Certificate - issued by the Tahsildar Ration Card / Residance Certificate - issued by the Tahsildar Copy of Date of Birth / Age Proof Copy of Educational Qualifications, if present Copy of Savings Bank A/c Pass Book Subsidy for Bank Linked Income Generation Scheme - Economic Support Scheme The scheme is for individuals who desires to setup self employment activities where the maximum unit cost is up to Rs. 2,50,000/-. The Corporation provides a subsidy @ 50% of the total loan subject to a maximum of Rs.1,00,000/-. and the remaining is Bank loan. Eligibility Should be a Christian Community certificate issued by Tahasildar/ Transfer Certificate of School to be submitted/Baptism Certificate issued by Mainline Church Pastor. Age between 21 to 55 years Any age proof certificate to be submitted-SSC Marks memo etc. Annual family income below Rs. 60,000/- for Rural and Urban for Rs.75,000/- Income certificate issued by Tahasildar from Mee Seva to be submitted Ration Card is Mandatory One Passport Size PhotoGraph Procedure Every Beneficiary can apply Online only through MPDOs / District Office of the concerned Mandal / District; After applying in the portal, the beneficiary should submit the application form and enclosures to the concerned District Officer (Executive Director, TSCMFC). The Bank processes the loan application as per their norm and will accord sanction and intimates through a bank sanction letter. After getting approval of the respective District Collector, Subsidy is released from the Head Office (TSCMFC) to the beneficiaries Non-Operative SB Account Number Directly.   S.No Activity Name / Scheme S.No Activity Name / Scheme 1 Tailoring and Embroidery 13 Electrical Shop 2 Kirana & General Stores Bangle Shop 14 Air Compressor /Tyre Puncture 3 Auto Rickshaw 15 Milch Animals 4 Cloth Business / RMG 16 Tyre Retrading and repairing 5 Bakery / Tea Stall / Cool drink Shop / Pan Shop 17 Steel Fabrication cum Roller Shutter Unit 6 Pickup Van 18 Carpentry and Furniture shop 7 Book Stall 19 Fast Food Centre 8 Photo Copy Centre / Fax/ STD booth 20 Tent House 9 Internet Café 21 Beauty Parlor Note.The Government has issued comprehensive guidelines for implementation for Self Employment Schemes being implemented by all welfare Departments including APSCMFC vide GO.MS.No.101 Social Welfare (SCP-I) Dept Dt.31-12-2013 This blog designed with support of Mohmmed Javeed Hussain  Reporter Charminar Constituency - 9848136070