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Transport Loan Scheme

"Transport Loan Scheme" aims to promote self-employment among target groups by providing term loans for Light Motor Vehicles. The scheme benefits Scheduled Castes, Other Backward Classes, Minorities, and Safai Karamcharis with financial assistance up to ₹5,00,000/-.

Ministry / Department
Social Welfare Department
Level
State
Benefit type
cash
Last verified: Recently

Transport Loan Scheme क्या है?

"Transport Loan Scheme" aims to promote self-employment among target groups by providing term loans for Light Motor Vehicles. The scheme benefits Scheduled Castes, Other Backward Classes, Minorities, and Safai Karamcharis with financial assistance up to ₹5,00,000/-.

लाभ
The scheme provides **term loans up to ₹5,00,000/-** for the purchase of Light Motor Vehicles (LMVs). _*The loan is recovered in 60 monthly installments over a period of five years, with six months as a moratorium period._ _*Loans are disbursed subject to the completion of pre and post-sanction formalities._
स्तर
State — Delhi
मंत्रालय / विभाग
Social Welfare Department
लाभ का प्रकार
cash
मुख्य पात्रता
- The applicant should be from one of the following target groups - Scheduled Castes, Other Backward Classes, Minorities, and Safai Karamcharis. - The applicant should be a permanent resident of Delhi. - The applicant’s age should be between 18 to 45 years. - The annual family income of the applican
अंतिम सत्यापन
Recently

Benefits

The scheme provides **term loans up to ₹5,00,000/-** for the purchase of Light Motor Vehicles (LMVs). _*The loan is recovered in 60 monthly installments over a period of five years, with six months as a moratorium period._ _*Loans are disbursed subject to the completion of pre and post-sanction formalities._

Eligibility

- The applicant should be from one of the following target groups - Scheduled Castes, Other Backward Classes, Minorities, and Safai Karamcharis. - The applicant should be a permanent resident of Delhi. - The applicant’s age should be between 18 to 45 years. - The annual family income of the applicanArea: DelhiBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      Step 1: The interested applicant should visit the DSFDC branch offices (Rajpur Road, Mangolpuri, Nand Nagri) or headquarters at Rohini to collect the loan application form for the scheme. Alternatively, take print of the prescribed format of the application form from the official website of DSFDC.

    2. Step 2: Offline application — step 2

      Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph, and attach copies of all the mandatory documents (self-attest, if required).

    3. Step 3: Offline application — step 3

      Step 3: Submit the duly filled and signed application form along with the documents at the nearest DSFDC branch office or headquarters. Pay the processing fee of ₹350/- via demand draft in favor of DSFDC.

    4. Step 4: Offline application — step 4

      Step 4: The DSFDC will review your application and documents. If approved, you will receive a loan sanction letter. After loan sanction, submit additional documents as required, including guarantor details, post-dated cheques (if applicable), and group photographs. Once all formalities are completed, the loan amount will be disbursed to your account.

    5. Step 5: Offline application — step 5

      *For any further queries, applicants can visit the DSFDC website or contact their nearest DSFDC office.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website