The Big Loan Scheme is a government-backed financial initiative designed to support minority entrepreneurs in Delhi by offering high-value loans for business setup, expansion, and self-employment through structured and accessible credit support.
Last updated on: March 30, 2026
The Big Loan Scheme is a government-backed financial assistance programme designed to support entrepreneurs from minority and economically disadvantaged communities. Implemented in Delhi, the scheme offers high-value financial support to help eligible individuals start, expand, or modernise their business ventures. It aims to improve access to institutional credit, promote self-employment, and strengthen sustainable livelihood opportunities, especially for minority groups seeking a reliable business loan for minorities.
Listed below are the features and benefits of the Big Loan Scheme:
Offers high-value financial assistance for business setup, expansion, or modernisation
Specifically targeted at minority communities and marginalised groups
Competitive interest structure as per government guidelines
Encourages entrepreneurship and self-employment in Delhi
Supports income generation through formal credit access
Can be used across manufacturing, service, and trading activities
Implemented through authorised government channels
You have to fulfil the following criteria to be eligible for the Big Loan Scheme:
Applicant must belong to a notified minority community
Must be a resident of Delhi
Age criteria as specified under the scheme guidelines
Should have a viable business proposal or project report
Applicant must meet prescribed income criteria, where applicable
Safai Karamcharis and Other Backward Classes may apply under specific conditions
The documents required to apply for the scheme are as follows:
| Document Type | Details |
|---|---|
Passport size photographs |
Five passport-sized photographs of the applicant to be submitted with the application |
Caste / category certificate |
SC/ST/OBC/Persons with Disabilities certificate or minority affidavit, as applicable |
Aadhaar card |
Copy of Aadhaar card as proof of identity and residence |
Age proof |
Valid document showing applicant’s age |
Income certificate |
Issued by the Sub-Divisional Magistrate (SDM) for SC, OBC, and minority applicants |
Non-availing affidavit |
Affidavit declaring that no loan has been taken from any bank or financial institution |
Workplace proof |
No Objection Certificate or rent agreement with ownership proof for the working place |
Technical qualification proof |
Proof of technical knowledge and experience relevant to the project |
Project report |
Project report and five-year profit and loss projection, attested by a Chartered Accountant |
Industrial licence |
Government of Delhi industrial licence, if the unit is industrial |
SSI registration |
Small Scale Industry registration certificate for manufacturing units |
PUC certificate |
Pollution Under Control certificate for manufacturing units |
Machinery quotations |
Proforma invoice or quotations for machinery and equipment to be installed |
Workplace photographs |
Photos of the workplace from different angles showing location and area |
Processing fee |
₹350 payable in favour of DSFDC |
Personal guarantee affidavit |
Affidavit for providing personal guarantee |
Legal heir affidavit |
Affidavit declaring legal heirs of the applicant |
Legal heir ID proof |
Copy of legal heir’s ID and one passport-size photograph |
Disability certificate |
Bonafide disability certificate from government hospital (minimum 40% disability) |
Safai Karamchari eligibility proof |
Certificate or identification under NSLRS, cooperative society, association, or authorised officer certificate |
Guarantor photographs |
Four passport-size photographs of guarantor(s) |
Guarantor details |
Undertaking and personal details of guarantor(s) |
Guarantor income proof |
Latest payslip of guarantor |
Guarantor office ID |
Copy of guarantor’s office identity card |
Guarantor address proof |
Copy of ration card, voter ID or Aadhaar card |
Guarantor age proof |
Copy of guarantor’s age proof |
Guarantor affidavit |
Affidavit from guarantor(s) |
Post-dated cheques |
Five PDCs of guarantor(s) |
ECS mandate |
ECS mandate form in prescribed format |
Witness ID proof |
ID proof of two local witnesses with physical presence |
Insurance certificates |
PMJJBY and PMSBY certificates submitted by applicant |
Group photographs |
Group photos of applicant, guarantors, witnesses, scheme in-charge and dealing assistant |
You can follow the steps mentioned below to apply for the Big Loan Scheme:
Collect the prescribed application form from the DSFDC Head Office (Rohini) or any branch office at Rajpur Road, Nand Nagari, or Mangol Puri, or download it from the official DSFDC website.
Take a printout of the form and fill in all mandatory details carefully.
Paste a recent passport-size photograph in the space provided.
Attach self-attested copies of all required supporting documents.
Submit the completed and signed application form at the nearest DSFDC office.
Pay the processing fee of ₹350 at the time of submission.
DSFDC reviews your application and verifies the submitted documents.
If approved, a Letter of Intent (LoI) is issued to the applicant.
Submit post-sanction documents, including guarantor details, photographs, affidavits, and other required proofs.
After successful completion of all formalities, the loan amount is disbursed directly to your bank account.
| Scheme Name | Target Group | Purpose |
|---|---|---|
Micro-entrepreneurs |
Business setup |
|
SC/ST and women entrepreneurs |
Greenfield enterprises |
|
Small business owners |
Business expansion |
|
National Minority Development schemes |
Minority communities |
Livelihood and enterprise support |
The Big Loan Scheme in Delhi plays a vital role in empowering minority entrepreneurs by enabling access to structured, high-value financial support. While government schemes offer long-term benefits, individuals seeking quicker approvals or flexible funding can also explore private business loan options available through trusted digital platforms that connect borrowers with multiple lenders.
Reviewer
The maximum loan amount depends on the applicant category and business requirement, as defined in the official scheme guidelines issued by the implementing authority.
Collateral requirements vary based on loan amount, applicant category, and project profile. Applicants should refer to the latest official notification for clarity.
Income limits for OBC applicants are defined under the scheme norms and must be supported by a valid income certificate issued by a competent authority.
Yes, Safai Karamcharis must meet the income eligibility criteria specified under the scheme to qualify for financial assistance.
In certain cases, applicants may be asked to submit workplace photographs to support business verification during the application process.