swarojgar Credit Card Scheme
The main aim of this scheme is to provide adequate & timely credit to small artisan, service sector activities, petty business, fishermen, self employed person and other small entrepreneurs.
- The interest on the above loan is charged at concessional rate of 10%.
Under this scheme, term loan or cash credit limit or both can be provided.
- The maximum loan limit under this scheme is Rs. 25,000/- per borrowers.
- The SCC is valid for 5 years period & Cash Credit limit should be renewed annually.
- The beneficiaries will be issued a credit card and a pass book which will serve as identity card as well as facilitate recording of transactions.
The total number of SC Cards issued till May-05 is 371 and amount sanctioned is Rs. 73.97 lakhs.