1. The loanee should be a permanent resident
of Himachal Pradesh.
2. He should belong to any of the Backward Classes.
3. His age should not be less than 18 years or
more than 55 years.
4. He should not be a defaulter of any Bank/Loan
providing agency/Financial Institution.
5. His family income from all sources should
be less than Rs. 40,000 in Rural areas and Rs.
in Urban areas.
6. Driving license is required for obtaining loan
under the Transport Sector.