Description

Provides quick credit to the Scheduled Tribe (ST) community to meet immediate personal or professional financial requirements.

Benefits

• Loan up to ₹ 1,00,000/-.
• Interest Rate: 2% per annum.

Terms

• Education: Repayable in 20 installments (20 months) with 3-month moratorium.
• Medical/Business: Repayable in 10 installments (10 months) with 3-month moratorium.
• Penal Interest: 1% on overdue installments.

Eligibility

• Individuals from the ST community of Goa.
• Earlier loans must be cleared before reapplying.

Application Process

Offline

• Step 1: Visit Goa State Scheduled Tribes Finance and Development Corporation Ltd, Panaji.
• Step 2: Obtain application proforma.
• Step 3: Submit form with documents and surety details.

Documents Required

• ST Certificate (competent authority).
• Aadhaar Card and Bank Passbook.
• Salary Certificate of one Surety and Surety Affidavit (₹ 50 stamp).
• Applicant Affidavit (₹ 50 stamp) regarding loan purpose.