The Composite Loan Scheme is an initiative by the Delhi SC/ST/OBC/Minorities/Handicapped Financial & Development Corporation (DSFDC), Government of NCT of Delhi. It offers need-based financial support to individuals from Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), Minorities, and Persons with Disabilities (PwDs) for self-employment and small income-generating ventures, aiming to foster economic independence and social inclusion.
Benefits
Maximum Permissible Loan Amount:
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SC category: Up to ₹3,00,000/-
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OBC, Minority, PwD categories: Up to ₹1,00,000/-
Eligibility
• Must belong to one of these categories: SC, ST, OBC, Minority, or PwD
• Must be a resident of Delhi
• Age: 18 to 50 years
• Annual family income should not exceed ₹1,20,000/-
• Must be willing to pursue income-generating activities listed in scheme guidelines
• Must have a proper workplace (owned/rented/with No Objection Certificate)
• Should not be a defaulter under any existing DSFDC schemes
Application Process
Offline Application
Step 1: Download and print the prescribed application form
Step 2: Fill the form, attach a passport-size photo, and enclose all required documents (self-attested)
Step 3: Submit to the Branch In-Charge / Section In-Charge of DSFDC
Step 4: Collect an acknowledgment receipt after submission
Documents Required
Personal Documents
• Aadhaar Card (ID & Address Proof)
• Caste Certificate / Minority Affidavit
• PwD Certificate (Minimum 40% disability from Govt. Hospital)
• Age Proof (Birth Certificate / School Leaving / Affidavit)
• Income Certificate (Affidavit format)
• Non-Loan Affidavit
• 2 Witnesses with ID Proof
• Group Photograph (Applicant, Guarantor, Witnesses, Branch Officer, Assistant)
Workplace Proof
• Ownership Proof (Utility Bill/Other Property Docs)
• Rent Agreement & Owner’s ID (if on rent)
• NOC Affidavit (if owned by relative)
Loan Use Details
• Cost Estimate for machines/items to be purchased
Guarantor & Security (if applicable)
• Required if loan is above ₹2,00,000/-
• Guarantor’s:
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Pay Slip
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ID Card
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Aadhaar & DOB Proof
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5 Passport Photos
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Affidavits (Guarantee & Undertaking)
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5 Blank Cheques
• Collateral Option (instead of guarantor): -
Original property documents with chain & NOC
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OR NSC/KVP/FDR with lien letter
Other Documents
• Insurance receipts under PMSBY & PMJJBY
• ECS Mandate + 5 Blank Cheques + 1 Cancelled Cheque
• Affidavit of Legal Heir with ID and photo
• Processing Fee: ₹350/- (Demand Draft in favor of DSFDC)
For Loan Up to ₹50,000/-
• No Guarantor or Collateral needed (Discretionary)
• Must provide 2 references of prominent local residents
Frequently Asked Questions
Q: What is the income limit for eligibility?
Applicants must have a total family income below ₹1,20,000 per year.
Q: Who can apply under this scheme?
SC, ST, OBC, Minority, and PwD individuals residing in Delhi.
Q: Is it mandatory to have a workplace before applying?
Yes, applicants must show proof of a valid workplace (owned or rented).
Q: What is the age range for applicants?
Between 18 to 50 years.
Q: What documents are needed if the workplace is owned by a relative?
A No Objection Certificate (NOC) in affidavit format is required.
Q: What is the maximum loan amount for SC category applicants?
Up to ₹3,00,000/-.
Q: Is collateral or a guarantor required?
Only for loans above ₹2,00,000/-; otherwise, two references may be provided.