Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra
Subsidized enterprise term loans up to ₹10 Lakh and 100% interest subvention for traditional oil-crushing (Teli) and OBC artisans to set up modern micro-enterprises.
Quick Eligibility Snapshot
₹Benefits & Entitlement Breakdown
📊Budget Allocation & Beneficiary Reach
₹100 Crore state authorized capital allocation for targeted artisanal OBC development
Official Budget Document ↗Over 12,000 OBC entrepreneurs supported across Maharashtra districts
As of: 2026-02-15PIB / Official Citation ↗Verified Eligibility Criteria
Resident of Maharashtra belonging to OBC (Teli and allied backward artisanal communities) seeking seed capital or bank interest subvention for trade and manufacturing enterprises.
Required Documents Checklist
Verify readiness before applying for Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra. Check off your papers or print this list before visiting your local CSC / Cyber Cafe.
Mandatory Documents(4)
Check off as readyKeep self-attested photocopies and clear digital scans (100 KB – 200 KB, PDF/JPG format) ready to avoid portal upload timeouts.
Worried About Application Rejection for Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra?
Over 30% of applications on official portals get delayed or rejected due to minor certificate authority mismatches or unseeded bank accounts. Our civic research desk compiles a verified 1-page Scheme Blueprint tailored to your state and profile.
- ✓Valid issuing authority rules (Tehsildar/SDM)
- ✓Aadhaar-DBT bank seeding verification
- ✓Direct official portal guide (no middlemen)
- ✓Email delivery in 1–2 hrs during desk hours
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Application Effort & Process Friction
Readiness assessment derived from official prerequisites, mandatory documentation, and submission channels.
Effort scores reflect portal accessibility, mandatory document burden, and physical verification requirements.
How to Apply
- 1
Register online on the Maharashtra State Other Backward Class Finance & Development Corporation portal (msobcfdc.maharashtra.gov.in).
- 2
Select Sant Santaji Jagnade Maharaj Teli Mahamandal scheme track.
- 3
Upload Aadhaar card, OBC caste certificate, income certificate, and project quotation.
- 4
District Manager conducts preliminary scrutiny and issues recommendation letter to partner banks.
- 5
Bank appraises project DPR and sanctions commercial term loan.
- 6
Corporation initiates interest rebate transfer into the loan account upon regular EMI repayment.
✅Before You Begin — Pre-Application Checklist
⚠️Common Rejection Reasons — Avoid These
Applicant aged below 18 or above 50 years, family income exceeding ₹8 Lakh per annum, or non-possession of valid OBC caste certificate.
Official Government Application Portal
You will be redirected to the secure official portal: msobcfdc.maharashtra.gov.in
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Get Scheme Blueprint (₹49)→Frequently Asked Questions (Officially Sourced)
Verified answers sourced directly from official circulars, gazettes, and portal FAQs. Never AI-invented.
Is there a direct loan provided without bank involvement?
Yes, direct micro-loans up to ₹1,00,000 are provided directly by the Mahamandal for petty trades at a nominal 4% simple interest.
Source: Official Scheme FAQ ↗What is the repayment term for the bank interest subvention scheme?
Repayment follows the standard bank schedule, typically between 5 and 7 years with interest reimbursed regularly.
Source: Official Scheme FAQ ↗Can women entrepreneurs get priority?
Yes, women entrepreneurs and young graduates receive special priority scoring during committee selections.
Source: Official Scheme FAQ ↗Who is eligible to apply for Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra?
Eligible applicants must satisfy official government criteria for Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra. Age: min 18 max 50 years. Annual family income ceiling: ₹8,00,000. Conditions: Resident of Maharashtra belonging to OBC (Teli and allied backward artisanal communities) seeking seed capital or bank interest subvention for trade a.
Source: Official Scheme FAQ ↗Can I track my Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra application status?
Application status for Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra can typically be tracked through the official portal at msobcfdc.maharashtra.gov.in using your Aadhaar number, application reference number, or registered mobile number. Alternatively, contact the scheme helpline or visit your nearest Common Service Centre (CSC).
What should I do if my Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra payment is delayed or rejected?
First, verify your Aadhaar-bank account seeding status on the NPCI mapper (npci.org.in). If seeding is confirmed and payment is still pending, register a complaint on the Central Public Grievance Redressal System at pgportal.gov.in. You may also file an RTI application at rtionline.gov.in to obtain official rejection reasons within 30 days.
Is there an income tax implication for receiving Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra benefits?
Agricultural income and certain welfare subsidies may be exempt from income tax under Section 10 of the Income Tax Act, 1961. Tax treatment varies by scheme type and beneficiary income level. Consult a certified tax practitioner or visit incometax.gov.in for scheme-specific tax guidance.
Common Rejection Reasons & Warnings
Applicant aged below 18 or above 50 years, family income exceeding ₹8 Lakh per annum, or non-possession of valid OBC caste certificate.
Editorial Verification & Change Log
| Date | Field | Description / Update | Source Citation |
|---|---|---|---|
| 2026-10-18 | scheme_type | state | Official Source ↗ |
| 2026-10-06 | ministry_id | 220 | Official Source ↗ |
| 2026-09-26 | initial_verification | Baseline verification of Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamandal Loan Scheme Maharashtra guidelines, benefits, and portal integration. | Official Source ↗ |
⚖Compare with Similar Schemes
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Application Window & Deadlines
Continuous application process through district corporation offices and online portal
🛟Grievance & RTI Channels
Scheme Intelligence
How is this calculated? ↗Verified 23d ago from .gov.in source
Requires documentation or office visit
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📅Scheme Milestone Timeline
Baseline verification of Sant Santaji Jagnade Maharaj Teli Arthik Vikas Mahamand...
Official Source ↗Schemes You Can Stack With This
Complementary programs with non-conflicting eligibility that you can claim concurrently:
Official Helpline & Nodal Offices
Maharashtra State Other Backward Class Finance and Development Corporation
Administrative Building, 4th Floor, Ramkrishna Chemburkar Marg, Chembur, Mumbai 400071
Helpline: 022-25221151
Jurisdiction: State (Maharashtra)Notice a Discrepancy?
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Verification Metadata
Last verified by Eligo researchers on 2026-09-26 against official government documentation.
Eligo is an independent information platform unaffiliated with any government body. Always confirm latest terms directly on the official portal.