Karma Sathi Prakalpa (West Bengal)
कर्म साथी प्रकल्प (पश्चिम बंगाल)
Ministry / Dept: Micro, Small & Medium Enterprises and Textiles Department, Govt of WB • Agency: State Cooperative Bank / Commercial Banks / DIC
📋 Scheme Objective & Overview
West Bengal's grassroots self-employment program facilitating loans up to ₹2 Lakhs for unemployed youth with a 15% direct subsidy and a 50% interest discount for prompt repayment.
💰 Key Financial Benefits & Subsidy Details
- ✓Project loan up to ₹2,00,000 for starting small businesses or service units.
- ✓15% project cost subsidy (up to ₹25,000) funded by State Govt.
- ✓Promoter contribution only 5% of total project cost.
- ✓50% interest subvention for the first 3 years upon regular repayment.
- ✓Zero collateral or mortgage required.
🎯 Who is Eligible? (Eligibility Criteria)
- •Resident of West Bengal for at least 3 years.
- •Age between 18 to 50 years.
- •Minimum qualification: 8th standard pass.
- •Registered with Employment Bank or local Block Development Office (BDO).
Age Requirement: 18 to 50 years.
Education Qualification: Pass in 8th standard
📑 Mandatory Documents Required Checklist
Scanned PDF / Copies🚀 Step-by-Step Application Procedure
❓ Frequently Asked Questions (Karma Sathi Prakalpa (West Bengal))
What is the maximum loan limit under Karma Sathi Prakalpa (West Bengal)?
Eligible applicants can avail up to Up to ₹2 Lakhs per Unemployed Youth in financial assistance from authorized partner banks.
How much capital subsidy is provided?
The scheme provides 15% Project Cost Subsidy (Max ₹25,000) + Ongoing Interest Subsidy of 50% of bank rate credited directly to the loan bank account upon milestone verification.
Is collateral security or mortgage required?
100% Collateral-Free (No collateral or guarantor required).
Ready to apply for Karma Sathi Prakalpa (West Bengal)?
Submit your online application through the official government portal.
Apply on Official Portal →Toll-Free Helpline: 033-22145555
Check Your Complete Subsidy Eligibility
Answer 4 quick questions about your state, business sector, and loan amount to see all 50+ central & state schemes you qualify for.
Launch 1-Minute Quiz →Share with Entrepreneurs & Friends
Help other business owners, SHGs, and youth learn about this government subsidy.
Share on WhatsApp