ELIGIBILITY CRITERIA

  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. 55,000
      in Urban areas.

  6. Driving license is required for obtaining loan under the Transport Sector.