The loan under this category is provided for setting up of economic activities in small scale. The loan under this category is provided in Agriculture and allied sector, traditional occupations and small and tiny industries. The loan is disbursed subject to completion of formalities prescribed by the Corporation/Apex Corporations and release of sanction/Letter of Intent by the Apex Corporations.

BASIC ELIGIBILITY CRITERIA DOCUMENTS TO BE SUBMITTED FOR GRANT OF LOAN

  1. The applicant should be a resident of Delhi for which a permanent Ration Card or Voters ID Card issued by Government of Delhi is required.
  2. The applicant’s age should be between 18-50 years. Image result for bank loan
  3. The family income of applicant including parents from all sources should not exceed Rs. 55,000/- p.a. except for handicapped schemes where the income ceiling is Rs.1,00,000 per annum in urban areas and Rs. 80,000/- per annum in rural area.
  4. Applicant must have the SC/ST/OBC certificate issued by competent authority or Bonafide Handicapped certificate issued by a Govt. Hospital for availing loan. An affidavit to the effect that applicant if belongs to a particular minority community is to be furnished in case of loan under Minorities Category.
  5. Income certificate issued by the SDM concerned.
  6. Four attested photographs of the applicant.
  7. Affidavit specifically declaring that no loan facility has been availed from any financial institution/banks/Government institutions or this Corporation prior to availing this facility.
  8. NOC in case working space is given by some blood relative/Rent Agreement in case working space is on rent along with the proof of ownership like Registry, Telephone bill, Electricity Bill, Water Bill etc.
  9. The relevant certificate/clearance certificate/licence issued by the competent authority for the proposed work and workplace.
  10. Personal Guarantee Affidavit.(as per specimen)
  11. Affidavit of legal heir in all loan cases.(as per specimen) Image result for Government Loan Scheme
  12. Three photographs of work place along with applicant from different angles showing the location and dimensions of the work place.
  13. Project Report of the proposed activity duly attested by a Chartered Accountant giving the income projections for 5 years.
  14. Details of equipment and machinery to be purchased and quotations thereof.
  15. A DD/PO/Banker’s Cheque of Rs. 350/- towards the processing fee (In favour of DSFDC).
  16. 60 Post dated Cheques towards payment of EMI.
  17. The Guarantee of adequate number of Govt. Servant(s) working in Delhi and having at least 5 years service before retirement and his/her take home salary should not be less than Rs.5000/-per month. The number of guarantors depends on quantum of loan and varies from 1 to 5. The guarantor(s) will have to furnish NOC from their employer regarding giving the guarantee in the DSFDC.
  18. SSI Registration Certificate.
  19. Certificate/NOC from Delhi Pollution Control Committee.
  20. Original Pay Slip of the Guarantor(s).
  21. Attested copy of Identity Card of Guarantor(s).
  22. Attested Copy of Age Proof of Guarantor(s).
  23. Copy of proof of residence of guarantor(s).
  24. Three Attested photographs of Guarantor(s).
  25. Lien letter from the Issuing Authority in case some property/FDR/NSC are provided as collateral security and Original copy of the document, which is being furnished as collateral Security.

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