Chief Minister's Self Employment Scheme

• Loans up to ₹3,00,000/- per individual.
• Loans are interest-free for 2 years, followed by a 6% simple interest rate.

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Note: In case of the death of a loan recipient, the co-applicant shall be liable for a refund of the outstanding loan. The co-applicant is liable for a refund of only the principal amount to be paid within a period not exceeding one year.

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1. The applicant should be unemployed.
2. The applicant&#39;s age should be between 22 to 35 years.
3. The applicant should have passed the 10th class.
4. The applicant&#39;s family annual income should not exceed ₹2,50,000/-.
5. Only one member per family shall be considered for the benefit, except in the case of Below Poverty Line (BPL) families.

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Step 1: The interested applicant should visit (during office hours) the Sikkim Industrial Development &amp; Investment Corporation and request a hard copy of the prescribed format of the application form from the staff exclusively entrusted to issue and collect filled-in applications.

Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).

Step 3: Submit the duly filled and signed application form along with the documents to the Sikkim Industrial Development &amp; Investment Corporation.

Step 4: Request a receipt or acknowledgment from the Sikkim Industrial Development &amp; Investment Corporation to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

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