Rajiv Gandhi Swavlamban Rojgar Yojna — ₹3L Loan for Delhi Entrepreneurs — Frequently Asked Questions

Eligible applicants can take a loan of up to ₹3,00,000 for their project. On top of that, the Government of Delhi provides a subsidy equal to 15% of the project cost, subject to a maximum of ₹7,500 per entrepreneur.

It is a loan, so the amount has to be repaid. The repayment runs over 5 years through equal quarterly instalments, and the subsidy of up to ₹7,500 is adjusted against your loan account two years after disbursement.

The loan, along with interest, must be cleared within 5 years in equal quarterly instalments. Principal recovery starts only after a 12-month moratorium from the date of disbursement, but interest begins accruing from the first quarter.

No. RGSRY is a debt scheme — you receive a loan that you repay with interest over the five-year tenure. There is no equity stake taken in your venture, so ownership stays entirely with you.

Applicants must be between 18 and 50 years of age. The scheme covers unemployed youth, skilled professionals, artisans, school and college dropouts, individual entrepreneurs, trade professionals and small-scale industrial units, as long as the enterprise is located in the NCT of Delhi and falls under a permissible industry in the secondary, tertiary or services sector.

You need to bring in at least 10% of the project cost as your own contribution. For applicants from weaker sections — SC/ST/OBC/PH, women and ex-servicemen — this requirement is reduced to 5%.

No. RGSRY runs on a rolling basis throughout the year, and applications are dealt with on a first come, first served basis, so it is best to apply as early as your project proposal is ready.

You can apply online at rgsry.co.in by registering with your Aadhaar number, name, email, mobile number and date of birth, then logging in with your Aadhaar number and password to complete and submit the mandatory fields in the application form. Alternatively, you can download the loan application form from the DKVIB website or collect it from the Board's office, fill it in and submit it along with the relevant documents at the Delhi Khadi & Village Industries Board office.

Every application goes through a verification process by the Delhi Khadi & Village Industries Board, which checks eligibility, compliance with scheme guidelines and the merits of your project proposal and credentials. Once verification is successfully completed, you become eligible to receive the scheme's benefits.

Beneficiaries receive skill development training covering bookkeeping, marketing, product costing and project financing. The scheme also provides marketing support, which includes displaying your products at Delhi Emporium, access to DSIIDC and cooperative stores for manufacturing and branding, and the chance to participate in trade fairs and exhibitions.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Rajiv Gandhi Swavlamban Rojgar Yojna — ₹3L Loan for Delhi Entrepreneurs, though having it can strengthen your application and unlock other benefits.

Rajiv Gandhi Swavlamban Rojgar Yojna — ₹3L Loan for Delhi Entrepreneurs is offered by Delhi Khadi & Village Industries Board, a government body. It is provided as non-dilutive funding.