||Date of Approval & Completion
||Limit of Loan
||Rs.0.050 million to 0.500 million
- Principal Amount is being provided by the Banks.
- Mark-up to the banks is being paid by the AKSIC.
||Rate of mark-up to the borrowers
||Technical, vocational and skilled entrepreneurs of AJ&K; trained from Small Industries, AJK-TEVTA/ Social Welfare and other training institutions.
||The scheme is designed to provide easy access to credit to 600 technical, vocational and skilled community trained from AJK-TEVTA/ Small Industries/ Social Welfare & other training institutes in AJ&K; for establishment and expansion of their own small enterprises in the private sector. The objective is to finance for purchase of machinery/equipment & working capital for new and existing enterprises.
- Applicants of AJ&K.;
- Age between 18-55 years.
- Applicant trained from AJK-TEVTA, Small Industries, Social Welfare and other training institutes having at least six month training certification.