The Composite Loan Scheme by the Delhi SC/ST/OBC/Minorities/Handicapped Financial & Development Corporation (DSFDC), Government of NCT of Delhi, is designed to provide need-based financial assistance to support entrepreneurship and self-employment among marginalized communities. It aims to economically empower individuals from Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), Minorities, and Persons with Disabilities (PwDs) through income-generating ventures within the capital city.
Key Highlights of the Composite Loan Scheme Delhi
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Scheme Name: Composite Loan Scheme
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Implementing Body: DSFDC, Govt. of NCT of Delhi
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Loan Amount:
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SC Category: Up to ₹3,00,000/-
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OBC, Minority & PwD Categories: Up to ₹1,00,000/-
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Interest Rate: As per DSFDC norms
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Repayment Mode: ECS Mandate + Post-Dated Cheques
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Processing Fee: ₹350/- (via Demand Draft in favor of DSFDC)
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Target Groups: SC, ST, OBC, Minorities, PwDs
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Application Mode: Offline
Objective of the Scheme
The scheme promotes economic independence and social inclusion by encouraging self-employment and supporting small-scale entrepreneurship. It helps individuals from socially disadvantaged backgrounds gain financial footing through structured credit support.
Benefits of the Composite Loan Scheme
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Need-based financial assistance for starting or expanding income-generating activities.
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The higher loan limit for SC applicants.
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Collateral-free loans up to ₹50,000/-.
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Flexibility in security: Collateral or guarantor, based on the loan amount.
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Promotes economic empowerment of marginalized groups through inclusive financing.
Eligibility Criteria
To apply for this scheme, the applicant must:
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Belong to SC, ST, OBC, Minority, or PwD category.
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Be a resident of Delhi.
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Be 18–50 years of age.
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Have a family income of ₹1,20,000 or less per annum from all sources.
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Be willing to engage in income-generating activity as per scheme guidelines.
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Possess a workplace (owned/rented) for carrying out the proposed business.
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Not be a defaulter under any DSFDC or government financial scheme.
Application Process (Offline Only)
Here check the Step-by-Step Guide for Application
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Download or Collect Application Form
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Obtain the prescribed format from DSFDC offices or download it from the official Delhi Government website.
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Fill & Attach Documents
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Complete all fields, affix a passport-size photo, and attach all required self-attested documents.
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Submit Application
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Submit the filled form to the Branch in charge / Section in charge of the DSFDC office in your region.
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Collect Receipt
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Always request an acknowledgment or receipt after submission.
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Documents Required
For the Applicant:
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Aadhaar Card (Identity & Residence Proof)
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Caste Certificate / Minority Affidavit
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Disability Certificate (if applicable; minimum 40% disability)
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Age Proof (Birth Certificate / School Leaving Certificate / Affidavit)
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Income Certificate (Affidavit)
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Non-availment of Loan Affidavit
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Workplace Proof (Electricity/Water/Phone Bill or Rent Agreement + Owner’s ID)
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Workplace NOC (if the property belongs to a relative)
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Estimate for required machinery/items
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Affidavit for Personal Guarantee
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ECS Mandate + 5 Blank CTS Cheques + 1 Cancelled Cheque
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Legal Heir Affidavit + ID Proof + Photograph
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PMSBY & PMJJBY Insurance Receipts
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ID Proofs of Two Witnesses
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Group Photograph (Applicant, Guarantor, Witnesses, Scheme In-Charge, Dealing Assistant)
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Processing Fee: ₹350/- (Demand Draft in favor of DSFDC)
For the Guarantor (If loan > ₹2,00,000):
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Original Pay Slip
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Office ID Card Copy
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Aadhaar Card
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Affidavit & Undertaking (DSFDC Format)
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Age Proof
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5 Passport-Sized Photographs
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5 Post-Dated Cheques
OR provide collateral such as:
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Immovable Property (Original Documents + NOC + Chain Papers)
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NSC/KVP/FDR with a lien in favor of DSFDC
Note: No guarantor or collateral required for loans up to ₹50,000/- (subject to DSFDC discretion). However, two local references from prominent Delhi residents are mandatory.
Frequently Asked Questions (FAQs)
Q: What are the eligibility criteria for PwD applicants?
PwD applicants must have a valid disability certificate (minimum 40%) and meet general income and age criteria.
Q: Is Delhi residency mandatory for this scheme?
Yes, the applicant must be a permanent resident of Delhi.
Q: What is the eligible age range to apply?
Applicants must be between 18 and 50 years of age.
Q: What is the income ceiling for applicants?
The annual family income should not exceed ₹1,20,000 from all sources.
Q: What activities are supported under this scheme?
Only approved income-generating activities listed in the scheme guidelines are eligible.
Q: Is it necessary to have a workplace before applying?
Yes, a verified workplace (owned/rented) is required for starting the proposed business.
Q: Are previous loan defaulters eligible?
No, defaulters under DSFDC or other financial schemes are not eligible.
Q: What is the loan limit for SC applicants?
SC applicants can receive up to ₹3,00,000 based on need.
Q: What is the loan limit for OBC, Minority & PwD applicants?
Up to ₹1,00,000, depending on the proposed business.
Q: What documents are accepted as age-proof?
Birth Certificate, School Leaving Certificate, or Affidavit.
Q: What additional document is required if the workplace is owned by a relative?
An Affidavit of No Objection Certificate (NOC) from the relative is mandatory.
Q: Are guarantors necessary for all loans?
Only for loans above ₹2,00,000/-. Lower amounts may not require guarantors.
DSFDC Contact & Office Locations
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Head Office – Rohini Sector 16, Delhi
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Branch Offices – Rajpur Road, Nand Nagari, Mangol Puri
Visit your nearest branch for submission and assistance.
