Objective |
To promote economic development activities and self-employment ventures for the benefit of persons with disability. |
Eligible persons |
- Any disable person who fulfills the following criteria:
- Any Indian Citizen with 40% or more disability.
- Age between 18 and 55 years.
- Annual Income below Rs.1.00 lakh.
- Relevant educational / technical / vocational qualification /experience and background.
|
Quantum |
Setting up of small business in service / trading sector. |
Upto Rs.3.00 lakhs |
Purchase of vehicle for commercial hiring. |
Upto Rs.5.00 lakhs |
Self-employment amongst persons with mental retardation / cerebral palsy / autism. |
Upto Rs.3.00 lakhs |
Setting up of Small Industrial Unit. |
Upto Rs.5.00 lakhs |
Loan for education / training to disabled person. |
Upto Rs.7.50 lakhs for studies within India and Upto Rs.15.00 lakhs for abroad. |
|
Documents |
- Application Form (as per format).
- Disability Certificate (as per format).
- Income Certificate.
- Birth / Age Certificate.
- Caste Certificate.
- Affidavit stating that no loan has been availed from any other Government Agency for the same purpose.
|
Rate of Interest |
Upto Rs.50,000 |
5% |
Above Rs.50,000 and upto Rs.5.00 lakhs |
6% |
Above Rs.5.00 lakhs |
8% |
|
Rebate |
Rebate of 1% on interest is given to women with disabilities. |
Repayment |
Maximum period 10 years. Moratorium: 3 years. |