ODOP Financing Scheme

ODOP Financing Scheme – Under the “One District One Product” program for the persons working or willing to work in various disciplines of ODOP products identified under the One District One Product (ODOP) program, for funding under the following guidelines. Aid scheme is in operation.

Project Cost	Financial Grant
Up to Rs.25.00 Lakh	25 percent maximum Rs.6.25 whichever is less will be payable as margin money.
Above Rs.25.00 lakhs and up to Rs.50.00 lakhs	Rs 6.25 lakh or 20% of the project cost whichever is higher will be payable as margin money.
Above Rs.50.00 Lakh and up to Rs.150.00 Lakh	Rs.10.00 lakh or 10% of the project cost whichever is higher will be payable as margin money.
More than Rs.150.00 Lakh	10 percent maximum Rs.20.00 lakh whichever is less will be payable as margin money.

 

s.0	range	self-contribution
1	General	10 percent
2	SC/ST/OBC/Minor,Women,Ex-Servicemen,Divyang and including Northeast Hill and Border areas	05 percent

Beneficiary:

Eligibility :- 1- The age of the candidate should be 18 years. 2- There is no compulsion of educational qualification. 3- Under the scheme, only the units of ODOP product identified for the respective district will get the facility of funding assistance in the industry, service and business sector. 4- The applicant should not be a defaulter of any nationalized bank / financial institution / government institution etc. 5- The applicant should not have availed benefits under the Pradhan Mantri Rozgar Yojana, the Prime Minister's Employment Generation Program currently run, the Chief Minister's Employment Scheme or any other self-employment scheme run by the Central or State Government.

Benefits:

provide funding support