Own Your Auto Scheme

Scheme Name  Own Your Auto Scheme
Purpose   Bank linked subsidy cum loan scheme is one of the initiatives for self employment of Minority youth. It is seen that number of educated unemployed Minority youth are engaged in plying Autos in the GHMC limits, majority of them taken on rent from owners and eke out a paltry livelihood.
Govt/PVT Govt
Website  http://tsobmms.cgg.gov.in/ownYourAutoScheme.do
Address Executive Director, Hyderabad/ Ranga Reddy Branch, Office of the Minorities Finance Corporation.
Eligibility a) The Applicants shall be natives of Telangana State b) Resident of GHMC area only. c) The Applicant shall belong to Minority Communities. d) Applicant shall posses a valid three Wheeler Driving License. e) The Applicant should not be already in possession of Auto Rickshaw Permit. f) The age limit of the applicant shall be between 21 to 55 years as on 1st September, 2015 g) The Annual income of the applicant shall not exceed Rs 2,00,000/-
Document 1. Adhaar card of the Applicant 2. Valid Three Wheeler Driving License. 3. Income certificate issued by the concerned Tahsildar 4. Xerox Copy of the first page of Bank Pass Book (Savings Account) containing the photos of the applicant. 5. Present Residential Address Proof (Adhaar card/Voter ID/Ration card/Bank account address. 6. Two Passport size photos of the Applicant.
Last date  17 oct2015
Amount  Each Applicant will be eligible for 50% subsidy of the cost of the Auto, balance to be Bank loan
Number of Awards  1000
Procedure Applicants shall apply online by accessing the above website.And Submit the hard copy of Application  At HAj House ,minority finance corporation office.