About this business scheme
The objective of this scheme is to make Persons with Disabilities self-reliant by providing loan facilities through the Himachal Pradesh Minority Finance and Development Corporation (Channelizing Agency) within the State for establishing self-employment ventures.
The Scheme "National Disabled Finance and Development Corporation", launched by the Department of Social Justice and Empowerment, Government of Himachal Pradesh, aims to make Persons with Disabilities self-reliant by providing loans for self-employment through the Himachal Pradesh Minority Finance and Development Corporation.
Benefits at a glance
| Scheme name | National Disabled Finance and Development Corporation (NDFADC) |
|---|---|
| Launched by | Department of Social Justice and Empowerment |
| Benefit type | Cash (money paid to your bank account) |
| Category | Business |
| Level / State | State · Himachal Pradesh |
| Official portal | esomsa.hp.gov.in (link at the end of this page) |
Key facts
| Scheme for | Individual |
|---|---|
| Application mode | Offline |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
| Family income limit | Up to Rs. 3 lakh per year |
| Age | 18 to 80 years |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18 to 80 years
- 💰Income Rs. 3 lakh tak
- ♿Divyang (PwD)
- ♿40%+ disability
- 📝Offline
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
Loans of up to Rs. 25,00,000/- are provided for establishing various businesses at an interest rate of 5% to 8%, with an additional 1% interest concession for women with disabilities.
Who qualifies
- The applicant should be a resident of Himachal Pradesh.
- The applicant should be an unemployed Person with Disability.
- The applicant should have a disability of 40% or more, certified by a competent authority.
- The applicant should have an annual income of less than Rs. 3,00,000 in rural areas or Rs. 5,00,000 in urban areas.
Who is not eligible
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Registration walkthrough
Offline
Step 1: Fill the prescribed application form and attach the disability certificate, income certificate, project estimate for the proposed work, and surety documents.
Step 2: Submit the completed application to the District Welfare Officer or Tehsil Welfare Officer for onward submission to the concerned authorities.
Frequently asked questions
What is the purpose of this scheme?
The scheme aims to make differently-abled individuals self-reliant by providing financial assistance for starting their own businesses through the Himachal Pradesh State Channelizing Agency (HP Minority Finance and Development Corporation).
Who is eligible for this scheme?
Unemployed Himachali individuals with at least 40% disability whose annual income is below Rs. 3,00,000 (rural areas) or Rs. 5,00,000 (urban areas) are eligible.
What types of financial assistance are provided?
The scheme provides loans up to Rs. 25,00,000 for setting up various businesses.
What is the interest rate on the loan?
The loan carries an interest rate of 5% to 8%.
Are there any special benefits for women?
Yes, differently-abled women receive a 1% additional reduction in the interest rate on the loan.
Where should the application be submitted?
The completed application with all documents should be submitted to the District Welfare Officer or Tehsil Welfare Officer.
Can this loan be used for any business?
Yes, the loan can be used to establish various types of self-employment businesses, provided the proposal is approved by the authorities.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
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