JK Mumkin Scheme Registration 2023 Small Commercial Vehicle Subsidy, Benefits

JK Mumkin Scheme Registration 2023 In witch youth get Small Commercial Vehicle Subsidy up to 2.5 Lakh Benefits under Mission Youth, Vehicle details, Guidelines

Jammu Kashmir has recently announced a scheme. The name of this scheme is JK Mumkin Scheme. This scheme is launched for the welfare of the youth of the state. As all of us k ow that due to covid and also with increased population, our youth is becoming unemployed. So this scheme will provide some financial help so that youth can use this assistance for their livelihood.

The government has launched this scheme to see the unemployment of the state. Now as we have been told this is a scheme where the government will give some financial help to the youth of the state. With this financial help, they will be able to bit some small vehicles. And with these vehicles, they can earn to enhance their lifestyle.

These vehicles can be used as commercial vehicles. So to get all information that how can you apply for this scheme and how you will be able to buy these vehicles, you have to follow up on this article.

Mumkin Scheme

Under Mumkin Scheme, unemployed youth will get the vehicles to cost up to 80,000. They can get 100% amount of this vehicle and also a subsidy of 10% on these vehicles.

Highlights of J&K Mumkin Scheme

Scheme’s Name	Mumkin Scheme
Announced by	The state government of Jammu and Kashmir
Beneficiaries	Youth of Jammu and Kashmir
Benefits	Financial Help to buy Commercial Vehicles
Objective	To deal with unemployment in the state
Application’s Mode	Online
Official Website	www.jk.gov.in

Youth Eligibility Criteria

To check the eligibility criteria read below:-

• Beneficiaries who want to apply for this scheme should have a Domicile Certificate of J & K.
• Only unemployed Candidates can Apply for this scheme.
• The age of the candidate should lie between 18 to 35 years.
• It is a must that the name of the candidate should be registered in the employment office.
• The candidate must have a driving license before applying for the scheme.
• If the candidate is already benefited by any state or central government by this scheme then he/she can not apply for the scheme.

Required Documents

If you want benefits under this scheme, then you should have completed all these documents:-

• Candidate’s domicile certificate’s original certificate as well as photocopy.
• Aadhaar of candidate.
• Permanent residential proof of the candidate.
• Birth certificate issued by the concerned department.
• A driving license is much needed for candidates.
• Unemployment certificate from the employment office.
• Passport size photograph and a valid phone number of the candidate
• An Affidavit that you are driving for three or more than three years.

Mumkin Scheme Registration

• First of all, to apply for this scheme, you need to register yourself into the official portal.
• For registration, you have to upload a soft copy of your passport size photograph and the size of this photograph should not be more than 50 kb.
• Now save or note down the login credentials for the online application.
• After that, you have to visit the official website once again with your login Id, citizen Id, and password.
• After login into the website, choose the J&K Mumkin Scheme tab.
• Now fill the application form and after accepting all terms and conditions submit this application form.
• You will get a unique application id. Save this application id to download your certificate after the approval of the concerned department.

Selection Procedure For Mumkin Scheme

• As we are all aware, many people have already filed their applications.
• District-level applications from qualified individuals will be sent to the relevant authority.
• District Mission Youth J&K created the list of recipients based on the requirements for qualifying.
• Within 15 days, the loan under the marking program was disbursed.
• Within a month, the partner bank under the Mumkin plan will credit the recipient loan account with the subsidy and discount amounts.
• The candidate chosen under the program is required to provide an indemnity bond that has been properly attested by a first-rate court magistrate.
• This indemnification bond states that you have not previously accepted financial assistance from the government.

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Loan Approval Procedure

• After the online application submission, all the applications will be handed over to the Deputy Commissioner.
• Now Deputy Commissioner will be select the genuine people from them who really need this financial assistance.
• After all this procedure the loan amount will be transferred to the beneficiary’s loan accounts.
• All the beneficiaries have to give in writing that they will repay this loan amount as soon as possible.
• Before repayment of this loan, they can not take any other loan from the state or central government.

FAQ’s

Final Words: We hope this article would be helpful. We will back again with a new update regarding this scheme. Till then stay tuned with us on our website.