How Much Loan and Subsidy Can You Get?
Under the Rajiv Yuva Vikasam scheme, the government provides subsidies on loans based on the loan amount taken by the beneficiary.- The subsidy percentage varies between 60% and 80%, depending on the loan amount.
- For loans up to ₹1 lakh: 80% subsidy is provided, and the remaining 20% must be paid by the beneficiary.
- For loans between ₹1 lakh and ₹2 lakh: a 70% subsidy is provided, and the beneficiary must pay 30% of the amount.
- For loans up to ₹4 lakh: a 60% subsidy is provided, and the remaining 40% must be paid by the beneficiary.
Important Dates & Selection Process:
- Application Start Date: March 17
- Application Deadline: April 5
- Selection & Verification: April 6 – May 31
- Final Beneficiary List Announcement: June 2 (Telangana Formation Day)
Eligibility Criteria:
To apply for this scheme, applicants must meet the following requirements:- Be a permanent resident of Telangana.
- Belong to the SC, ST, BC, or Minority communities.
- Be unemployed at the time of application.
- Provide valid supporting documents, including Aadhaar, caste certificate, and bank details.
Required Documents:
Make sure you have the following documents ready:- Aadhaar Card
- Pan Card
- Telangana Domicile Certificate
- Caste and Income Certificates
- Bank Account Details
- Ration Card Employment Exchange Registration
How to Apply Easily
Follow these simple steps to apply:1) Open the official website: https://tgobmms.cgg.gov.in/.
2) Once the website loads, you will see two buttons. Click on "Rajiv Yuva Vikasam Scheme Registration."
3) Next, click on "Click here to Application Form for Rajiv Yuva Vikasam Scheme."
4) You will see seven category-specific buttons for SC, ST, BC, MBC, BC, Minority, and Christian Minority applicants. Select the category that applies to you.
5) The registration form will now open. Fill in the required details, including:
Name
Aadhaar Number
Food Security Card Number
6) In the "Sector" box, select the sector for which you are applying for a loan. Based on this, the "Scheme" box will display options for how you intend to use the loan.
7) Once selected, the system will show the loan amount you are eligible for.
8) Click the "Go" button.
9) Then Fill Out the Application Form – Enter your personal, educational, and employment details and upload the required documents to complete the application process.
10) After submission, your application will move into the review phase.