Venture Capital Fund for Scheduled Castes

iAbout This Scheme

The Venture Capital Fund for Scheduled Castes, managed by IFCI Ltd, provides concessional finance to SC entrepreneurs at 4% per annum for setting up new enterprises or expanding existing ones. The fund supports viable projects up to ₹15 crore with a 10-year repayment period.

🎁Key Benefits

• Concessional loan at 4% per annum
• Loan up to ₹15 crore per project
• 10-year repayment period with 2-year moratorium
• Available for manufacturing, services, and trading sectors
• Priority for Dalit women entrepreneurs
• Managed by IFCI Ltd as nodal agency

✅Eligibility Criteria

• 1
  Scheduled Caste entrepreneurs (individual or entity with 51%+ SC ownership)
• 2
  Projects in manufacturing, services, or trading
• 3
  Must be viable and bankable project

📝How to Apply

❓Frequently Asked Questions