Devaraj Arasu Loan Application 2022 Apply Online, Last date, Application form loan 4% interest

Devaraj Arasu Loan Application 2022 Apply Online, Last date, Application form

Government of Karnataka, D. Devaraj Arasu backward classes development department has invited Devaraj Arasu Loan Scheme 2022 application form. Under the Devaraj Arasu Loan Application government will provide assistance to reserved category candidates. In this article that all the information about the Devaraj Arasu Loan scheme.

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D. Devaraj Arasu backward classes Development Corporation invites applications from eligible Candidates belonging to a category and backward class communities. Devaraj Arasu Loan scheme to provide benefits to avail loan and subsidies under government self-employment scheme. Also, the government provides financial assistance of 200000 rupees, out of which 15% of the amount will be provided as subsidy while the remaining percent amount interest must be paid.

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Devaraj Arasu Loan Scheme

Those who are Interested & eligible candidates can submit their applications form through the official website, which we have provided on our trusted website. As we all know that there are many candidates who want to get an online application form for the Devaraj Arasu Loan scheme. From the official website, dbcdc.karnataka.gov.in can submit the application form. This article provides you with all the information that helps you to get Devaraj Arasu Loan Application.

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As we all know that Karnataka state Government has introduced many welfare schemes for the Karnataka state people. Those who want to avail the benefits of the Devaraj Arasu Loan Scheme 2022 application form need to check all the information. And all information provided on the same page read out the whole article till the end.

Devaraj Arasu Loan Application

D. Devaraj Arasu’s backward classes development department will provide benefits of loans and subsidies under government self-employment. These benefits are provided to candidates belonging to categories 1 2A,3A, and 3B and backward class communities. There are some eligibility criteria and other details that you need to check before going to submit your application.

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According to the economic activities, the facility of loans and grants will be provided to the backward classes to make them self-employed.
30% of unit cost Rs.50,000/- Maximum subsidy Rs.10,000/- Balance 70% loan Rs.40,000/- at 4% interest.
Unit cost Rs.50,001/- to Rs.1,00,000/- 20% Maximum grant Rs.20,000/- Balance 80% loan of Rs.80,000/- at 4% interest.
Unit cost Rs.1,00,001/- to Rs.2,00,000/- 15% Minimum Rs.20,000/- Maximum Rs.30,000/- Subsidy Balance 85% Loan at interest rate of Rs.1,70,000/-. 4.
Loan Repayment Period: 3 years (in monthly installments).
Loan Objectives: The scheme provides credit facilities for non-farm activities, business activities, and service sector activities.

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Eligibility:

The backward class should belong to Category-1, 2A, 3A, and 3B. (Vishwakarma with his sub-communities, Uppara with his sub-communities, Ambiga with his sub-communities and religious minorities,
Okkaliga and her sub-castes, Veera Shaiva Lingayat and her sub-castes, Maratha and her sub-castes, Kadugola, Hattigola, nomadic/semi-nomadic community, Savita and her sub-castes, Madiwala and her sub-castes (except this caste)

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Annual family income should be between Rs.40,000/- for rural areas and Rs.55,000/- for urban areas.
The applicant’s age should be between 18 to 55 years.
Must be a permanent resident of Karnataka State.
Under the schemes of the corporation, the facility should not have been availed earlier.

Eligibility criteria for Devaraj Arasu Loan Scheme

Check below mentioned required eligibility for Devaraj Arasu Loan scheme 2022.

• The applicants must be permanent residents of Karnataka state.
• The age limit of candidates is between 18 to 55 years.
• The annual income of the candidate the dicing in a rural area does not exceed Rs 98000.
• And dost candidate residence, Singh, in urban areas does not exceed 1.20 lakh.
• The candidate needs to check all the eligibility criteria as per the Government of Karnataka.
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Document required

The below-mentioned document is required for Devaraj Arasu Loan Application form 2022.

1. Aadhar card
2. Address proof
3. Income Certificate
4. Mobile number
5. Bank Account details
6. Passbook
7. Caste certificate

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How to apply for Devaraj Arasu Loan Scheme 2022 online application

There is some simple person that you need to follow in order to complete your online application form.

• First, open the official website.
• On the homepage, you need to select “Devaraj Arasu Loan Scheme 2022-23”
• A new page is displayed on your screen.
• You have to enter the required information.
• Complete your application by providing all the details.
• Enter all the details and attach the document.
• At last, commit your application.
• Your application will be verified by the department.

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Devaraj Arasu Loan Scheme beneficiary list

From the Devaraj arasu official website, you could able to check beneficiary disinformation. There are commonly used simple procedures to check the beneficiary lists as mentioned below.

* First, open the official website.
* On the homepage, you need to select the beneficiary list option.
* New page is displayed on a screen.
* You need to select correct your village & District name in the list.
* After that Devaraj Arasu Loan Scheme beneficiary list will appear on your screen.

FAQs Devaraj Arasu 2022 Loan Scheme

What is Devaraj Arasu Loan Scheme?
This scheme was announced by the Karnataka state government and D. Devaraj Arasu’s backward classes development department.

Can I get Devaraj arasu Loan 2022 Application form in Kannada?
Devaraj arasu Loan 2022 Application form in Kannada is available through the official website.

How to apply for the Devaraj Arasu loan 2022?
Complete information regarding the application form given above

How can I get D Devaraj Arasu Education Loan Application Form?
D Devaraj Arasu Education Loan Application Form 2022 is available in the given format on the official website.