The Institutions/Co-operative Societies/Trusts specifically registered as all SC/ST/OBC/Women/PH/Ex-Servicemen and Minority Institutions with necessary provision in the bye-laws to that effect alone are eligible for Margin Money @ 30% of the project cost upto Rs.10.00 lakhs and @ 10% on the remaining project cost upto Rs.25.00 lakhs. A certified copy of the bye-laws is required to be appended to the Margin Money Claim.

Project cost will include Capital Expenditure and one cycle of Working Capital. Projects without Capital Expenditure are not eligible for financing under the Scheme. Projects of more than Rs.5.00 lakhs, which do not require working capital, need clearance from the Regional Office or Controller of the Bank ’ s Branch and claims are required to be submitted with such certified copy of approval from Regional Office or Controller, as the case may be. Cost of the land should not be included in the Project. Cost of the ready built as well as long lease or rental Work-shed/Workshop can be included in the project.

Gramodyog Rojgar Yojana is applicable for all viable new Village Industries projects except activities indicated in the negative list of Village Industries. Existing/old units are not eligible. Only one person from one family is eligible for obtaining finance under the Gramodyog Rojgar Yojana.