Big Loan Scheme — ₹5L Term Loan for Delhi SC/OBC/Minority & PwD Entrepreneurs — Eligibility Criteria

Residency and age

• The scheme is open only to permanent residents of Delhi.
• Your age must be between 18 and 50 years at the time of applying.

Community and category

• You must belong to one of the notified target groups: Scheduled Castes, Other Backward Classes, Minorities, Safai Karamcharis, or Persons with Disabilities.

Income ceilings

• Scheduled Caste, Other Backward Class and Minority applicants outside the creamy layer must have an annual family income of ₹1,20,000 or less.
• Minority applicants within the creamy layer can have an annual family income of up to ₹6,00,000.
• No income limit applies to Safai Karamchari or Persons with Disabilities applicants.

Borrowing record and capability

• You must not have defaulted on any earlier loan taken from DSFDC, a nationalised bank, a financial institution or a co-operative bank.
• You should have the knowledge and experience that the proposed business activity demands.

Clearances for the business

• Wherever applicable, valid permissions such as an SSI Certificate or a Pollution Control Certificate are required. This matters most for manufacturing units, which must be located in an approved industrial area.

Big Loan Scheme — ₹5L Term Loan for Delhi SC/OBC/Minority & PwD Entrepreneurs is open to startups at the idea, product and revenue stage. The programme is targeted at startups registered in Delhi. Applicants should be registered as private limited, llp and opc.