Divyangjan Swablamban Yojana

Details

To provide concessional loans to Persons with Disabilities (PwDs) for self-employment, education, skill training, and assistive devices.

Benefits

a. Financial Assistance:

1. Loan amount up to ₹50 lakh.

2. No collateral for loans up to ₹10 lakh.

b. Interest Subsidy:

1. Up to 5% for general PwD applicants.

2. Up to 6% for women with disabilities.

c. Loan Tenure:

1. Repayment period up to 10 years.

2. Moratorium period as applicable per scheme.

d. Loan Purpose:

1. Self-employment or small business ventures.

2. Professional/technical education.

3. Purchase of assistive devices.

Eligibility

a. Disability Criteria:

1. Must have at least 40% disability.

2. Valid disability certificate required.

b. Age Limit:

1. Between 18 and 55 years.

c. Citizenship:

1. Must be an Indian citizen.

d. Credit History:

1. Should not be a defaulter to any bank or financial institution.

e. Skill Requirement:

1. Must possess necessary skills or training for proposed activity.

Application Process (Offline)

a. Obtain Application Form:

1. From NHFDC office or State Channelizing Agency (SCA).

b. Fill the Form and Attach Documents:

1. Complete all required fields.

2. Attach photocopies of necessary documents.

c. Submit Application:

1. Submit to nearest SCA or Regional Rural Bank (if authorized).

2. Appear for interview or verification if needed.

Documents Required

a. Identity & Address Proof:

1. Aadhaar Card

2. PAN Card

3. Address Proof (e.g., utility bill, voter ID)

b. Disability Proof:

1. Valid Disability Certificate (40% or more)

c. Financial Documents:

1. Bank passbook copy

2. Income certificate or ITR (if applicable)

d. Educational Documents:

1. Certificates of last qualification (for education loan)

e. Business/Loan Use Proof:

1. Project Report or Business Plan (for business loan)

2. Device quotation or invoice (for assistive device loan)

f. Photographs:

1. Recent passport-size photos