The Chief Minister of Karnataka Siddaramaiah and the state government together have announced a Rs. 3 lakh vehicle subsidy for the people who belong to minority communities. The minority communities would be given Rs 3 lakh under the Karnataka Vehicle Subsidy Scheme when they purchase the four-wheeler of their choice. For the remaining amount, the government will help them secure loans from different banks of the state. The applicant’s annual income must be less than 450000 to receive the benefits from the Karnataka Vehicle Subsidy Scheme. Beneficiaries will be able to purchase auto rickshaws, taxis, goods trucks, etc. through this program. The Karnataka Minorities Welfare Department will implement the whole scheme in the state.
Overview of Karnataka Vehicle Subsidy Scheme 2024
The government of Karnataka has taken an empathetic step towards the minority communities in the state. This scheme will bring peace and harmony to the minorities in Karnataka. They will be more motivated and will be more confident towards working and will live a better life. The Karnataka Vehicle Subsidy Scheme will provide vehicles to them so that their dream of owning a vehicle can be fulfilled. The government will help them by providing a subsidy of 3 lakh for up to Rs 8 lakh vehicles. Also, they will provide a loan for the remaining amount. The applicant’s annual income must be less than 450000 to be eligible for this scheme.
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Objective of Karnataka Vehicle Subsidy Scheme for minority
The main and most important objective of the Karnataka Vehicle Subsidy scheme is to provide the basic need of vehicles to the common man of a minority community. This Scheme for Minority Communities will provide financial assistance for them so that they can purchase a vehicle of their choice. Beneficiaries of this program won’t need to rely on anyone to help them buy the car of their choosing because the government of Karnataka will fund their car. This scheme will increase the standard of living of the minorities. This will give more independence and confidence to the people who belong to the minorities.
Brief Summary of Karnataka Vehicle Subsidy Scheme
| Name of the scheme | Karnataka Vehicle Subsidy Scheme |
| Launched by | The state government of Karnataka |
| Year | 2024 |
| State | Karnataka |
| Objective | To help minorities in buying a 4-wheeler vehicle |
| Beneficiaries | People belonging to minorities such as bpl, SC,st |
| Application mode | Online and offline |
| Official website | https://kmdc.karnataka.gov.in/23/subsidy-/en |
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Eligibility criteria
- The applicant must reside in Karnataka permanently.
- An application must come from a state-recognized religious minority group.
- The applicant’s age should range from 18 to 55 years old.
- The applicant’s family’s total annual income should not exceed Rs. 4,50,000.
- No applicant should work for the government in any capacity.
- The applicant must have a valid driver’s license issued by the local transportation agency.
- The applicant or anyone in his family shouldn’t have gotten a car loan through any state government program.
Features of the Karnataka Vehicle Subsidy Scheme
- The government would offer a subsidy of up to Rs 3 lakh to help people buy cars.
- The government would help the recipients get loans from several institutions for the balance.
- The beneficiary’s financial situation will improve as a result of this program.
- Additionally, by implementing this plan, the beneficiaries will learn to rely on themselves.
- As the government will finance their automobile purchase, residents are no longer required to rely on anyone.
- The Government of Karnataka has introduced the Karnataka Vehicle Subsidiary Scheme.
- The government will offer automobile subsidies through this program for the purchase of four-wheelers.
- Through this program, the beneficiary will be able to buy cars, taxis, and other items.
Required Document
- Beneficiary’s most recent 2 passport photos for an online application
- Caste and income documentation
- Aadhaar card replica
- Copy of Driver’s License
- An affidavit from the beneficiary stating that he or she and their family were unable to obtain a loan through any State Government program in order to acquire the automobile.
- an affidavit promising not to transfer the car acquired via this arrangement while it is still on loan.
Karnataka Vehicle Subsidy Scheme for minority community Apply online
- You must first visit the Karnataka Vehicle Subsidy Scheme’s official website for-Minority Vehicles.
- Your screen will display the home page.
- You had to select the Karnataka automobile subsidy program from the home page.
- You’ll be taken to a different page.
- You need to complete the mandatory fields on this page.
- You must now upload the necessary papers.
- After that, you must select “submit.”
- You can apply for the automobile subsidy program for minority communities by following this procedure.
Contact details
Toll-free number- 8277799990
FAQs
Karnataka vehicle subsidy is a scheme that was launched by the state government of Karnataka for the people who belong to minorities. This scheme will help them in buying a 4-wheeler vehicle for them.
The minority communities would be given Rs 3 lakh under the Karnataka Vehicle Subsidy Scheme when they purchase the four-wheeler of their choice. For the remaining amount, the government will help them secure loans from different banks in the state
The applicant should be a resident of the state of Karnataka. He or she must be 18 to 55 years of age. The application must come from a state-recognized religious minority group. The applicant’s family’s total annual income should not exceed Rs. 4,50,000.
Yes, you can easily apply for this scheme through the online web portal that has been provided by the state government. You just have to visit the online web portal and select a scheme there and then apply with the required documents.