Dharamshala: After the successful completion of the pilot Tibetan Refugee Livelihood Support Program (TRLSP) in 2017, CTA’s Social and Resource Development (SARD), Department of Finance rolls out the Commercial Taxi Support Program covering all the Tibetan settlements.
Total funding available for the taxi support program is Rs. 6 crores and the program will directly benefit 100 beneficiaries and their families. The support amount will be given to Joint Liability Groups(JLG) consisting of more than 4 applicants from a settlement and individuals where there are less than 4 support applicants from a single settlement.
The support amount ceiling is 3 lakh, 4 lakh and 6 lakh where the applicant can either purchase new or used vehicles for providing transportation services. All the interested applicants are required to visit the settlement office for the documentation for the same.
Product | Commercial Vehicle Loan | ||
Product I | Product II | Product III | |
Loan Amount | 3,00,000/- | 4,00,000/- | 6,00,000/- |
Loan Tenure | 18 months | 24 months | 36 Months |
Interest Rate | 4% p.a | 4% p.a | 4% p.a |
Method of Repayment | ₹ 1,06,000 | ₹ 1,08,000 | ₹ 1,12,000 |
The primary objective of the TRLSP is to strengthen livelihood opportunities, make financial services accessible at affordable costs to individuals and businesses, and enhance financial literacy.
For more information, please contact TSOs or :
Dr KunchokTsundue
Chief Planning Officer
Tel: +91 821-9655989
Email: [email protected]