National Disabled Finance and Development Corporation Self-Employment Loan Scheme (Himachal Pradesh)
By Department of Social Justice and Empowerment, Government of Himachal Pradesh
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Quick Answer
Himachal Pradesh loans of up to ₹25 lakh at 5% to 8% interest for unemployed Persons with Disabilities who want to start a business.
- Funding amount
- Up to ₹25L
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Himachal Pradesh
About this loan
Unemployed Persons with Disabilities (PwDs) in Himachal Pradesh can get a loan of up to ₹25,00,000 to start a business in a sector of their choice. Interest is subsidised at 5% to 8%. Women with disabilities get an extra 1% interest concession.
You must be a Himachal Pradesh resident with a disability of 40% or more, certified by a competent authority. Annual income must be under ₹3,00,000 in rural areas or ₹5,00,000 in urban areas.
The Department of Social Justice and Empowerment, Government of Himachal Pradesh, implements the scheme with the Himachal Pradesh Minority Finance and Development Corporation.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
Provider
Department of Social Justice and Empowerment, Government of Himachal PradeshHimachal Pradesh · India
Benefits & Funding
- Amount
- Up to ₹25L
- Fund type
- Debt
- Repayment
- Repayable
What You Get
The scheme offers substantial financial support in the form of loans up to ₹25,00,000 for establishing various businesses. These loans are provided at a subsidized interest rate ranging from 5% to 8%, making financial access more affordable for Persons with Disabilities. Notably, an additional 1% interest concession is provided to women with disabilities, further encouraging their participation in entrepreneurship. This financial aid is crucial for covering initial setup costs, working capital, and operational expenses, enabling beneficiaries to launch and sustain their self-employment ventures.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications submitted to the District or Tehsil Welfare Officers are forwarded to the concerned authorities for review. The selection process likely involves an assessment of the applicant's eligibility based on residency, disability status, income criteria, and the viability of the proposed business project. This evaluation ensures that the financial assistance reaches deserving individuals who have a concrete plan for self-employment and can effectively utilize the loan for business establishment.
Application Process
- 1
Obtain Form
Applicant obtains the prescribed application form from the District or Tehsil Welfare Officer.
You - 2
- 3
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- 5
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the maximum loan amount available under this scheme?
Beneficiaries can avail loans up to ₹25,00,000 (₹25 lakh) for establishing various businesses.
What are the interest rates for these loans?
The loans are provided at an interest rate of 5% to 8%. An additional 1% interest concession is offered to women with disabilities.
Who is eligible to apply for this loan scheme?
Applicants must be residents of Himachal Pradesh, unemployed Persons with Disabilities (40% or more disability certified), and have an annual income below ₹3,00,000 in rural areas or ₹5,00,000 in urban areas.
What type of businesses can be started with this loan?
The scheme supports the establishment of 'various businesses', implying a broad range of self-employment ventures are eligible, without specific industry restrictions.
How do I apply for the loan?
The application process is offline. You need to fill the prescribed form, attach required documents like disability certificate, income certificate, project estimate, and surety documents, and submit it to the District Welfare Officer or Tehsil Welfare Officer.
Is there any age limit or incorporation requirement for applicants?
The scheme targets unemployed Persons with Disabilities for self-employment, with no explicit age limit or prior company incorporation requirement mentioned. It is suitable for individuals looking to start a new business.
