Composite Loan Scheme

About This Scheme

The "Composite Loan Scheme" is managed by the Delhi SC/ST/OBC/Minorities/Handicapped Financial & Development Corporation, Government of NCT of Delhi. The scheme aims to provide need-based financial support to individuals from Scheduled Castes, Scheduled Tribes, Other Backward Classes, Minorities, and Persons with Disabilities to help them pursue various income-generating activities. The scheme encourages self-employment and entrepreneurship, promoting economic independence and social inclusion for the targeted groups.

Eligibility

- The applicant should be from one of the following target groups - Scheduled Caste, Scheduled Tribe, Other Backward Class, Minority, Persons with Disability. - The applicant should be a resident of Delhi. - The applicant's age should be between 18 to 50 years. - The annual family income of the applicant (from all sources) should not exceed ₹1,20,000/-. - The applicant should be willing to pursue one of the [income-generating activities](https://dsfdc.delhi.gov.in/sites/default/files/cls_schem_details.pdf) given in the scheme guidelines.- The applicant must have a proper workplace, for starting the proposed activity, either owned or rented. - The applicant should not have been declared a defaulter under any of the schemes being implemented by DSFDC.

Benefits

Maximum Permissible Loan Amount - For the SC category, the need-based loan is up to ₹3,00,000/-. - For OBC, Minority and PwD categories, the need-based loan amount is up to ₹1,00,000/-.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.