LIDCOM 50% Subsidy Scheme
The LIDCOM 50% Subsidy Scheme offers financial support to the Charmakar community in Maharashtra.
Key facts
| Benefit | ₹10,000 subsidy on loan |
|---|---|
| Who | Charmakar Community residents |
| Income limit | ₹1,00,000 per annum |
| Implemented by | Leather Industries Development Corporation (LIDCOM) |
| Official portal | https://www.lidcom.co.in/ |
| Application window | Open all year for eligible applicants. |
Benefits
Beneficiaries can receive a subsidy of up to ₹10,000, which is 50% of a loan amounting to a maximum of ₹50,000. This financial assistance aims to uplift the economically weaker sections of the community.
Who can apply
- Age 18–50
- Household income ≤ ₹1,00,000/year
- For: null
- Category: SC
- Resident of Maharashtra
- poor household
- not income tax payer
- no government employee in family
- has savings bank account
Applicants must be Indian citizens and permanent residents of Maharashtra, aged between 18 and 50. They should belong to the Charmakar community and have a family income not exceeding ₹1,00,000 per year. Additionally, applicants should not be income tax payers or government employees and must have a savings bank account.
How to apply
Applications must be submitted offline at the District Office of LIDCOM.
- Obtain the application form from the District Office of LIDCOM.
- Complete the application form, ensuring all mandatory fields are filled.
- Attach a signed passport-sized photograph and all required documents.
- Submit the filled application form along with the documents to the District Office.
- Receive a receipt or acknowledgment for the submitted application.
Documents required
- Aadhaar Card
- Proof of Age
- 2-Passport Sized Photograph
- Residential Certificate
- Proofs related to the amount of loan
- Income Certificate
- Caste Certificate
- Details of the Bank Account
Common problems and how to fix them
| Problem | What to do |
|---|---|
| Application not acknowledged | Ensure that the application form is submitted with all mandatory documents and obtain a receipt from the District Office. |
| Loan amount not approved | Verify that the loan amount does not exceed ₹50,000 and that all eligibility criteria are met. |
Frequently asked questions
What is the maximum subsidy amount available through this scheme?
The maximum subsidy amount that can be availed is ₹10,000.
What is the maximum loan amount eligible for the subsidy?
The subsidy is applicable to a maximum loan amount of ₹50,000.
Who is eligible to apply for this scheme?
Eligibility is restricted to members of the Charmakar community who are permanent residents of Maharashtra, aged 18 to 50, with a family income not exceeding ₹1,00,000.
What documents are required for the application?
Required documents include an Aadhaar card, proof of age, passport-sized photographs, a residential certificate, income and caste certificates, and bank account details.
Is this scheme funded by the state or central government?
This scheme is fully funded by the Government of Maharashtra.
Can residents from other states apply for this scheme?
No, only permanent residents of Maharashtra are eligible to apply.
Key terms explained
- EWS (Economically Weaker Section)
- A category for people below a defined income level who don’t fall under SC/ST/OBC, eligible for certain benefits and reservations.
Always confirm the latest details on the official portal before applying.
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