The main object of the Corporation is to implement various schemes to uplift lifestyle of Charmakars (Dhor, Chambhar, Holar,Mochi etc.) who are economically weak and below poverty line and with an intention to develop them educationally, economically and socially so as to give them respectable place in Society. Also production of various types of Footwear & Leather Articles & supply to Government Departments & sale in Open Market. Corporation is implementing the Term Loan Scheme of NSFDC , New Delhi from the year 2002-03. For implementing the said Schemes, Govt.of Maharashtra has given Govt.Guarantee for Rs.15 Crores in the year 2001-02 and now Government has given Guarantee of Rs.31.15 Crores in the year 2014-15. Under the Term Loan Scheme,Corporation are disbursing the loan for the purpose of various business to the beneficiaries of Charmakar Community.NSFDC is providing Term Loan from Rs.1,00,000/- to Rs.2,50,000/- to various schemes. Also there are different limits for Vehicle Loans. Term Loan of 75% of the Project Coast is Sanctioned by NSFDC, Corporation is giving 20% Seed Loan & Rs.10,000/- as subsidy and remaining 5% is contribution of the beneficiary. NSFDC is charging interest @7% p.a. on its loan & Corporation is charging 4% p.a. For term loans above Rs.5,00,000/- NSFDC is charging interest @8% p.a. and Corporation is charging interest @ 4% p.a. Term Loan installment is payable every month for a period up to 60 months.

Eligibility

• Person from other backward category living in Maharashtra.
• Age between 18 to 50.
• Applicant should not have money due in any of the bank or corporation.
• Applicant should have annual income less than Rs. 98000 whereas Applicant from Urban area should have annual income less than Rs. 120000.

Benifits

• Loan on project of less than Rs. 300000 (Three lakh) with 6 % per annum

Documents Required

• Income Certificate
• Caste Certificate, Copy of Ration card, Passport size Photograph
• Rent receipt of porject place, agreement, 7/12 utara
• Academeic Qualification / Birth Certificate
• Two guarantor certificate
• No Objection certificate for starting business from local swaraj sanstha
• Required proof / licence to start a Technical business