§1Who it is for

  • Charmakar community (Dhor, Chambhar, Holar, Mochi etc.) entrepreneurs in Maharashtra

Useful if

Leather/footwear artisans from the Charmakar community

Do not spend time on it if

Others

§2Eligibility

  1. Indian citizen, permanent resident of Maharashtra
  2. Age 18–50

Charmakar community only

  1. Family income up to Rs 1,00,000 a year
  2. Knowledge of the proposed business

§3Benefits

  • For loans Rs 50,001–5,00,000: 20% of project cost as seed capital from LIDCOM at 4% interest
  • Subsidy up to Rs 10,000

§4Norms — pattern of assistance

  1. Beneficiary share 5%; bank loan 75% at bank rate
  2. Repay in 36–60 monthly instalments

§5Documents

Tick each one as you get it ready.

Age proof

Bank account details

§6How to apply

  1. 1

    Get form from LIDCOM district office, submit with documents, take acknowledgement

§7Pros and cons

Merits

  • Very low own share (5%) and 4% seed capital

Demerits

  • Subsidy only up to Rs 10,000; income limit Rs 1 lakh

→Related schemes

Need help with LIDCOM Margin Money?

Eligibility check, DPR and application file — ask us on WhatsApp.

Our interestHelp is our paid service. You can also apply for the scheme yourself.

Sources

  1. myScheme (Govt of India portal) — LIDCOM Margin Money Loan Scheme

Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.