Program brief
| Form of support | Cash, paid into the bank account |
|---|---|
| Meant for | Divyang (PwD) |
| Level | State, Himachal Pradesh |
| Field | Business & Entrepreneurship |
| How to apply | Offline |
Contents of this entry
Overview
The objective of this scheme is to make Persons with Disabilities self-reliant by providing loan facilities through the Himachal Pradesh Minority Finance and Development Corporation (Channelizing Agency) within the State for establishing self-employment ventures.
The Scheme "National Disabled Finance and Development Corporation", launched by the Department of Social Justice and Empowerment, Government of Himachal Pradesh, aims to make Persons with Disabilities self-reliant by providing loans for self-employment through the Himachal Pradesh Minority Finance and Development Corporation.
Further facts from the listing
| Scheme for | Individual |
|---|---|
| DBT (direct bank transfer) | No |
Benefits
Loans of up to Rs. 25,00,000/- are provided for establishing various businesses at an interest rate of 5% to 8%, with an additional 1% interest concession for women with disabilities.
Eligibility
- Age
- 18 to 80 years
- Family income
- Up to Rs. 3 lakh a year
- Also for
- Persons with disabilities, 40% or more
- State
- Himachal Pradesh
- The applicant should be a resident of Himachal Pradesh.
- The applicant should be an unemployed Person with Disability.
- The applicant should have a disability of 40% or more, certified by a competent authority.
- The applicant should have an annual income of less than Rs. 3,00,000 in rural areas or Rs. 5,00,000 in urban areas.
Who cannot apply
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Documents
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Application steps
Offline
Step 1: Fill the prescribed application form and attach the disability certificate, income certificate, project estimate for the proposed work, and surety documents.
Step 2: Submit the completed application to the District Welfare Officer or Tehsil Welfare Officer for onward submission to the concerned authorities.
Questions and answers
What is the purpose of this scheme?
The scheme aims to make differently-abled individuals self-reliant by providing financial assistance for starting their own businesses through the Himachal Pradesh State Channelizing Agency (HP Minority Finance and Development Corporation).
Who is eligible for this scheme?
Unemployed Himachali individuals with at least 40% disability whose annual income is below Rs. 3,00,000 (rural areas) or Rs. 5,00,000 (urban areas) are eligible.
What types of financial assistance are provided?
The scheme provides loans up to Rs. 25,00,000 for setting up various businesses.
What is the interest rate on the loan?
The loan carries an interest rate of 5% to 8%.
Are there any special benefits for women?
Yes, differently-abled women receive a 1% additional reduction in the interest rate on the loan.
Where should the application be submitted?
The completed application with all documents should be submitted to the District Welfare Officer or Tehsil Welfare Officer.
Can this loan be used for any business?
Yes, the loan can be used to establish various types of self-employment businesses, provided the proposal is approved by the authorities.
Official portal and guidelines
Applications are submitted only on the provider's own portal. jsrr.in does not accept forms, documents or fees.
jsrr.in is an independent index, not a funding agency or a government body. The provider's official call is final: confirm every condition, amount and date there, and do not pay anyone who offers to apply for you.
This entry reproduces the official listing and has not yet been rewritten or reviewed by our team. Read the official call before you apply.
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