Divyangjan Swavalamban Yojana

To provide financial assistance to the differently abled/Disabled individuals

Divyangajan Swavalamban Yojana is a scheme by Government of India to provide financial assistance to the differently abled/Disabled individuals. The financial assistance is provided in the form of concessional loans. This scheme basically aims at providing equal opportunities to everyone and overall economic development thereby.

Scheme Overview:

Scheme name:Divyangjan Swavalamban Yojana
Launched by:Government of India
Benefit:Concessional loans
Beneficiaries:Any Indian citizen with 40% or more disability

Scheme Objectives:

  • The main objective of the scheme is to provide financial help in the form of concessional loans to the persons with disabilities
  • Provision of equal opportunities
  • It also aims at overall empowerment and economic development


  • Any Indian Citizen with 40% or more disability. Disability as defined in PwD Act, 2016.
  • Age of the person should be above 18 years. In case of mental retardation, the person should be above 14 years.
  • No age criteria will apply to educational loans.

Prescribed use of the loan amount:

  • To start any activity contributing to income generation
  • To pursue Higher education after 12th. Courses may include UG, PG, Professional courses, etc
  • To pursue vocational or skill development course. Any course increasing the chances of employment like ITI, Diploma etc
  • Purchasing or Converting available devices to Disabled friendly mode.

Loan Amount and Interest:

  • The actual loan amount to be sanctioned by the authorities amounts to maximum Rs. 50 lakhs.
  • The amount of loan will depend on the activity to be conducted by the beneficiary.
  • For loans less than Rs. 50,000, the rate of interest is 5%
  • For loans from Rs. 50,000 to 5 Lakhs, the rate of interest is 6%
  • For loans from Rs. 5-15 lakhs, the rate of interest is 7%
  • For loans from Rs. 15-30 Lakhs, the rate of interest is 8%
  • For loans from Rs. 30-50 Lakhs, the rate of interest is 9%

Security: Ample security should be aligned as per the norms by the Implementing authorities. Insurance coverage should be ensured under various government insurance schemes.

How to apply:

  • Application is to be submitted in a prescribed format to the implementing agency for sanctioning the loan.
  • General terms and conditions as laid down by National Handicapped Finance and Development Corporation (NHFDC), should be followed carefully.

Rights of NHFDC and Other terms:

  • In case of dispute the decision of NHFDC will be considered as final and binding on all the parties involved
  • Interest rates would include margin of Implementing agency
  • Rebate of 1% up to Rs. 50,000 will be allowed to women with disabilities.
  • Terms and Conditions will be as per guidelines of NHFDC only.


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