Rajiv Gandhi Swavlamban Rojgar Yojna

The quantum of loan granted under this scheme, to proposed and functioning units, shall be up to ₹3,00,000/-.

Govt. of Delhi would provide a subsidy @ 15% of the project cost subject to the ceiling of ₹7,500/- per entrepreneur.

Note 01: The concerned entrepreneur shall make at least a 10% contribution of the amount demanded as a loan from the DKVIB.

Note 02: In the case of weaker sections i.e. SC/ST/OBC/Ph. H./Women/Ex. Servicemen, only 5% contribution of an entrepreneur is required.

Note 03: In case of more than one entrepreneur joining together and setting up a project under the partnership, the subsidy would be calculated for each partner separately, @15% of his share in the project cost, limited to ₹7,500/- for each partner.

Note 04: The subsidy component would be adjusted to the borrower’s loan account after a period of two years from the date of disbursement of the loan.

Note 05: The subsidy component would be recovered from the borrower along with 18 % penal interest in cases where the loan amount has been found not utilized for the purpose for which it was released.

1. Any one of the following can avail loan under the scheme:

School/College dropouts

Individual entrepreneur

Trade Professionals

Artisan

Passed out candidates from any technical/professional institute recognized by the Government and its authorized undertaking bodies, without further training.

Small-Scale Industrial units with a total investment in plant, machinery, and equipment, not exceeding the ceiling prescribed for small-scale units by the Central Government from time to time and must be located within the N. C. T. of Delhi, are also eligible for financial aid/ loan.

1. The age of the applicant should be between 18 years to 50 years.

Offline

Online

Step 01: The applicant may apply through offline mode by submitting the application form along with all the relevant documents directly in the office of the Board.

Step 02: The loan application form can also be downloaded from the official website of the Board.

Step 03: Fill in all the mandatory details in the application form and submit it along with all essential documents in the office of the Board.

Step 04: After successful verification, the applicant will be eligible to get the benefits of the scheme.

Note 01: ADO/Nodal Officer of RGSRY will be available daily for inquiries about the scheme in the Board office.

Note 02: Applications received under the scheme will be dealt on First Come First Serve basis.

Copy of Electoral Card/ Valid Passport/Aadhar Card as Identity proof

Two passport-size attested photographs

Education Proof

Worksite detail viz. Proof of Ownership/Possession, Rent Agreement, No Objection Certificate from the Owner, Electricity Bill, etc.

Declaration in the prescribed format (Proforma attached).

Consent Letter of the Surety/Guarantor

Proof of equity/Self Contribution

Electricity Bill (Residence)

For Shop/ Business/Professions: Registration Certificate from MCD

Industrial unit in non-confirming: NOC of HPC & MCL.

Note: In the case of online applications, the above documents can be uploaded on the portal in JPEG, JPG, PNG, GIF, or PDF format. File size should not be more than 2 MB.