Telangana Drivers become proud owners Salient features of the programme: Self employment opportunity to 408 Driver to become Owners. Now launch of: 303 (SC: 115, ST: 66, Minority: 29, BC: 73, OC: 20) 1st Phase: 105(SC: 39, ST: 34, Minority: 07, BC: 21, OC: 04) Vehicle Model: Maruti Swift Dzire Tour (Sedan Vehicle) 303 vehicles: 105 in GHMC & 198 in Fleet operators. Loan by State Bank of Hyderabad, MCTB branch. Special Discount by Maruti Suzuki:Rs 76,000/- 35% subsidy, i.e. Rs.1,91,000/-, to SC & ST beneficiaries under SCSP/TSP component of Industrial Investment Promotion Policy (IIPP) 2010-15. Funding Pattern: Total Vehicle Cost: Rs 7,04,000/- Beneficiary Contribution: SC/ST:Rs 70,000/- Minority/BC/OC:Rs. 1,00,000/- Bank Loan: SC/ST:Rs 5,58,000/- Minority/BC/OC:Rs 5,28,000/- Rate of Interest:@ 10.75 % per annum. Equated Monthly Installment (EMI) for 6 Years: SC/ST:Rs 7,733/- per month (After receipt of subsidy). Minority