Transport Loan Scheme
By Delhi SC/ST/OBC/Minorities/Handicapped Financial and Development Corporation (DSFDC)
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Quick Answer
Term loans up to ₹5 lakh from DSFDC Delhi to buy a Light Motor Vehicle, for SC, OBC, Minority and Safai Karamchari residents of Delhi starting self-employment.
About this loan
The Transport Loan Scheme gives term loans of up to ₹5,00,000 to buy a Light Motor Vehicle (LMV). It is for Scheduled Castes, Other Backward Classes, Minorities and Safai Karamcharis living in Delhi who want to start or expand a transport business. You repay in 60 monthly installments over five years, after a six-month moratorium.
The Delhi Scheduled Castes, Scheduled Tribes, Other Backward Classes, Minorities & Safai Karamchari Finance and Development Corporation (DSFDC), under the Government of NCT of Delhi, runs it.
You must be a permanent resident of Delhi aged 18 to 45, with a valid commercial driving licence and badge for LMVs. Annual family income must not exceed ₹1,20,000 for SC, OBC and Minority applicants, with a ceiling of ₹6,00,000 for the creamy layer of the Minority category. Safai Karamcharis have no income limit. You must not be a defaulter under any DSFDC scheme, Nationalized Bank, Financial Institution or Co-operative Bank.
Eligibility
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Grant providers
Provider
Delhi SC/ST/OBC/Minorities/Handicapped Financial and Development Corporation (DSFDC)Delhi · Delhi · India
The Delhi SC/ST/OBC/Min. & Handicapped Finance & Development Corp. Ltd., known as DSFDC, is a fully owned undertaking of the Government of NCT of Delhi. It was incorporated on 29 January 1983 and lends to entrepreneurs from the groups it serves, working from its headquarters at…
Learn moreBenefits & Funding
- Amount
- Up to ₹5L
- Fund type
- Debt
- Repayment
- Repayable
What You Get
The Transport Loan Scheme provides term loans up to ₹5,00,000/- to eligible individuals for the acquisition of Light Motor Vehicles (LMVs). These loans are designed to be recovered through 60 convenient monthly installments over a period of five years. A significant benefit includes a six-month moratorium period, offering applicants a grace period before the commencement of repayments. The financial assistance is instrumental in enabling beneficiaries to start or expand self-employment ventures in the transport sector.
- Disbursement
- Lump Sum
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications are reviewed by the Delhi Scheduled Castes, Scheduled Tribes, Other Backward Classes, Minorities & Safai Karamchari Finance and Development Corporation (DSFDC) based on eligibility criteria, completeness of documents, and a check to ensure the applicant has not defaulted on previous schemes. Approved applicants receive a loan sanction letter.
Application Process
- 1
Obtain Application Form
Visit a DSFDC branch or download the form from the website.
You - 2
- 3
- 4
- 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.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What is the primary objective of the Transport Loan Scheme?
The scheme aims to promote self-employment among Scheduled Castes, Other Backward Classes, Minorities, and Safai Karamcharis residing in Delhi by providing financial assistance to purchase Light Motor Vehicles (LMVs).
What is the maximum loan amount available under this scheme?
Eligible applicants can receive a term loan of up to ₹5,00,000/- (Rupees Five Lakh Only) for the purchase of Light Motor Vehicles.
What are the repayment terms for the loan?
The loan is recovered in 60 equal monthly installments over a period of five years. There is also a six-month moratorium period during which no repayments are required.
Who are the eligible target groups for this loan scheme?
The scheme targets individuals from Scheduled Castes, Other Backward Classes, Minorities, and Safai Karamcharis who are permanent residents of Delhi.
Are there any age or income restrictions for applicants?
Applicants must be between 18 and 45 years of age. For Scheduled Caste, Other Backward Classes, and Minority categories, the annual family income should not exceed ₹1,20,000/- (₹6,00,000/- for creamy layer Minority). There is no income limit for the Safai Karamchari category.
What documents are required for application?
Applicants typically need to fill out the prescribed application form, attach passport-sized photographs, and submit self-attested copies of mandatory documents. Post-sanction, additional documents like guarantor details and post-dated cheques may be required. A valid commercial driving license and badge are also mandatory.
Sources
Data on this page is compiled from official program and provider references.
