The Big Loan Scheme by the Delhi Scheduled Castes, Other Backward Classes, Minorities & Handicapped Finance and Development Corporation Limited (DSFDC), under the Government of NCT of Delhi, provides term loans of up to ₹5,00,000 to eligible applicants. This initiative is aimed at empowering marginalized communities such as Scheduled Castes (SC), Other Backward Classes (OBC), Minorities, Safai Karamcharis, and Persons with Disabilities to start income-generating activities in permissible non-polluting trades within Delhi.

Key Highlights of Big Loan Scheme Delhi

• Scheme Name: Big Loan Scheme

• Implementing Body: DSFDC, Govt. of NCT of Delhi

• Loan Amount: Up to ₹5,00,000/-

• Interest: As per DSFDC norms

• Repayment Period:

  • General: 60 months (5 years) with a 6-month moratorium

  • PwDs: 10 years with a 3-month moratorium

• Target Groups: SC, OBC, Minorities, Safai Karamcharis, and Persons with Disabilities

• Location: Delhi Only

Benefits of the Big Loan Scheme

• Financial assistance up to ₹5 lakh for starting or expanding income-generating ventures.

• Extended repayment period for Persons with Disabilities (PwDs).

• Loans are approved based on project requirements and viability.

• Focus on promoting non-polluting trades and manufacturing units in approved areas.

Eligibility Criteria

To apply for the Big Loan Scheme in Delhi, the applicant must:

• Be a permanent resident of Delhi.

• Be aged between 18 to 50 years.

• Belong to Scheduled Castes, OBC, Minority, Safai Karamchari, or Persons with Disabilities categories.

• Have an annual family income:

  • SC/OBC/Minorities: Not more than ₹1,20,000

  • Minority (Creamy Layer): Up to ₹6,00,000

  • PwDs and Safai Karamcharis: No income limit

• Not be a defaulter under any loan from DSFDC, nationalized banks, or financial institutions.

• Have experience or technical knowledge required for the business.

• Possess necessary certifications/permissions like Pollution Control, SSI certificate, etc., if applicable.

• The business unit should be located in a conforming or industrial area as per norms.

Application Process (Offline)

Step-by-Step Guide:

1. Download the Application Form

   • Visit the official DSFDC website or collect it from DSFDC offices at Rohini, Rajpur Road, Nand Nagari, or Mangol Puri.

2. Fill out  the Form & Attach Documents

   • Complete all required fields, affix your recent passport-sized photograph, and attach copies of necessary documents (self-attested).

3. Submit the Application

   • Submit the form to the nearest DSFDC office with a processing fee of ₹350/-.

4. Loan Review & Approval

   • Upon successful verification, DSFDC will issue a Letter of Intent.

   • After submission of required post-sanction documents, the loan amount will be disbursed to the applicant’s bank account.

Documents Required

Pre-Sanction (With Application):

• 5 Passport-sized photographs

• Caste/Disability/Minority certificate or affidavit

• Aadhaar card (Identity & Address proof)

• Age proof

• Income certificate (For SC/OBC/Minority categories)

• Affidavit for no previous loan default

• Proof of workplace ownership or rent agreement (in the industrial area if manufacturing)

• Proof of technical knowledge

• Project report with 5-year financial projection (CA attested)

• SSI Registration / Pollution Certificate / Industrial License (if required)

• Proforma invoices for machinery or equipment

• Workplace photographs with the applicant

• Processing fee of ₹350/-

• Affidavits for guarantor and legal heir

• Disability certificate (40%+ for PwDs)

• Proof of eligibility for Safai Karamchari applicants

Post-Sanction Documents:

• Guarantor’s photographs and undertaking

• Guarantor’s ID, age proof, pay slip, and ration card/voter ID/Aadhaar

• 5 Post-dated cheques (PDCs)

• ECS Mandate form

• Two local witnesses with ID proofs (in-person verification)

• Group photograph (Applicant + Guarantors + Witnesses + Scheme Officials)

• Proof of enrollment in PMJJBY & PMSBY insurance schemes

Frequently Asked Questions (FAQs)

Q: What is the income limit for OBC applicants?
Applicants under OBC must have a family income not exceeding ₹1,20,000 per annum.

Q: Is there an income limit for Safai Karamcharis?
No, there is no income limit for Safai Karamchari applicants.

Q: Can defaulters under other loan schemes apply?
No, applicants declared defaulters by DSFDC or any financial institution are ineligible.

Q: How can Minority applicants prove their community status?
They must submit an affidavit declaring their minority status with supporting documents.

Q: Are workplace photographs mandatory?
Yes, photos of the workplace (with the applicant) from different angles must be attached.

Q: What is the role of a guarantor?
Guarantors provide financial assurance. Their documents and personal verification are mandatory.

Q: How many guarantors are needed?
The scheme typically requires at least one guarantor with valid income and identification documents.

Q: What is the loan repayment period?
For general applicants: 60 months with a 6-month grace period.
For PwDs: Up to 10 years with a 3-month moratorium.

Q: What is the maximum loan amount under this scheme?
Up to ₹5,00,000 depending on the project cost and applicant profile.

Q: Can this loan be used for manufacturing units?
Yes, but the manufacturing unit must be set up in an approved industrial area in Delhi.

Q: Is there a moratorium period?
Yes, 6 months for general applicants and 3 months for Persons with Disabilities.

DSFDC Office Addresses (Delhi)

1. Head Office (Rohini): DSFDC, Rohini Sector 16

2. Branch Offices:

   • Rajpur Road

   • Nand Nagari

   • Mangol Puri

Sources & References

• DSFDC Official Website – Application Forms & Guidelines

• Official Scheme Documents Provided by DSFDC