Bank Tie-Up Scheme

1. The applicant should be a citizen of India.
2. The applicant should be a domicile / permanent resident of the state of Punjab.
3. The applicant should be from Below Poverty Line (BPL).
4. The applicant should be from the Scheduled Caste category.
5. The annual income of the family of the applicant (from all sources) should be ₹ 67,649/- per annum (for rural areas); ₹ 88,756/- per annum (for urban areas).
6. The applicant should not already be availing the benefits of the scheme.

Offline

1. Application form duly attested by competent Authority.
2. Residential Certificate / Domicile Certificate of the State of Punjab.
3. Caste Certificate.
4. Valuation Certificate of property to be mortgaged.
5. Map of the Property.
6. Farad Zama Bandi.
7. A copy of the registry (if the property is self-purchased).
8. Affidavit regarding the loan.
9. 3 Passport-Sized Photograph (Signed Across).
10. Employer Certificate, Salary Certificate, and Surety Bond (in the case of Service Surety).
11. Aadhaar Card.
12. Details of the Bank Account (Bank Name, Branch Name, Address, IFSC, etc).
13. Income Certificate.

Through the "Bank Tie-Up Scheme", the Punjab Scheduled Castes Land Development & Finance Corporation (PSCLDFC) arranges loans through banks, and subsidy is provided by PSCLDFC. The permanent residents of Punjab belonging to Scheduled Castes and living Below Poverty Line are eligible under this scheme. This is a 100% State Sponsored Scheme, and only the permanent residents of the state of Punjab can apply for this scheme.