Last date for minority loan applications extended till April 15

The Government of Telangana has extended the last date for Online Submission/Registration of applications under Bank Linked Subsidy cum loan Scheme for the year 2014-2015 up to 15th April.

The Government orders signed by Syed Omer Jaleel, Special Secretary to Government, Minorities Welfare Department vide GO Ms. No. 17 Dated: 27-03-2015, Minorities Welfare (Estt-II) Department, were issued on Friday.

Vice-Chairman and Managing Director State Minorities Finance Corporation Prof. S. A. Shukoor, in a media release, said that the candidates can register their applications online on the website www.tsobmms.cgg.gov.in and submit a hard copy along with Income Certificate, Aadhar Card, Ration Card, First Page of the Bank Pass Book, Quotation of machinery and articles etc and two photos to the Executive Director of the Corporation concerned. Maximum loan amount is Rs 2.50 lakhs and for Transport scheme Rs 3 lakhs. A subsidy of 50% subject to a maximum of Rs. one lakh will be sanctioned by the Corporation, he said. The Annual income in case of rural areas should be Rs. 60,000/- per annum and Rs. 75, 000/- per annum, he added. (INN)