Loans to Physically Challenged Persons

Objective To promote economic development activities and self-employment ventures for the benefit of persons with disability.
Eligible persons
  • Any disable person who fulfills the following criteria:
  • Any Indian Citizen with 40% or more disability.
  • Age between 18 and 55 years.
  • Annual Income below Rs.1.00 lakh.
  • Relevant educational / technical / vocational qualification /experience and background.
Setting up of small business in service / trading sector. Upto Rs.3.00 lakhs
Purchase of vehicle for commercial hiring. Upto Rs.5.00 lakhs
Self-employment amongst persons with mental retardation / cerebral palsy / autism. Upto Rs.3.00 lakhs
Setting up of Small Industrial Unit. Upto Rs.5.00 lakhs
Loan for education / training to disabled person. Upto Rs.7.50 lakhs for studies within India and Upto Rs.15.00 lakhs for abroad.
  • Application Form (as per format).
  • Disability Certificate (as per format).
  • Income Certificate.
  • Birth / Age Certificate.
  • Caste Certificate.
  • Affidavit stating that no loan has been availed from any other Government Agency for the same purpose.
Rate of Interest
Upto Rs.50,0005%
Above Rs.50,000 and upto Rs.5.00 lakhs6%
Above Rs.5.00 lakhs8%
Rebate Rebate of 1% on interest is given to women with disabilities.
Repayment Maximum period 10 years. Moratorium: 3 years.