Subsidy for Disabled Young Professionals
Subsidy for Disabled Young Professionals provides financial support through loans up to ₹25,00,000 to help professionally educated unemployed disabled youth in Haryana kickstart their own businesses. This scheme is for individuals with at least 40% disability, offering interest rates ranging from 4.5% to 8% per annum.
Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam runs this scheme.
Consider Rahul, a qualified young professional from Haryana who wants to start a self-employment venture. He can access funds to purchase equipment or set up his workspace easily.
The loan helps reduce the money problems that disable youth face when starting a business. The interest rate range makes the repayment manageable for families with limited income.
The application process is fully online through the Antyodaya-SARAL Portal, which makes it easy to apply from anywhere in the state.
Subsidy for Disabled Young Professionals
| Detail | Information |
|---|---|
| Scheme Name | Subsidy for Disabled Young Professionals |
| Level | State |
| Beneficiary State | Haryana |
| Loan Benefit | Up to ₹25,00,000 |
| Interest Rates | 4.5% to 8% per annum |
| Department Running the Scheme | Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam |
Benefits
This scheme offers strong financial help to eligible candidates.
Loan up to ₹25,00,000 to start your own business or professional venture.
Interest rates from 4.5% to 8% per annum, keeping the repayment burden light.
- Loan up to ₹25,00,000 - enough to buy equipment or set up a workspace for your new business.
- Low interest rates (4.5% to 8%) - much lower than market loans, making repayment easier for young professionals.
Eligibility
Check the following criteria before you apply:
- You must be a permanent resident of Haryana.
- Your age should be between 18 and 45 years.
- You should hold a valid professional degree from a recognized institute.
- You must have a documented disability of at least 40%.
- Your proposed business activity should match your professional qualifications.
Application Process
The application is fully online through the Antyodaya-SARAL Portal. Here are the steps you need to follow:
STEP 1 - Visit the official portal at saralharyana.gov.in and look for the sign-in section on the homepage.
STEP 2 - If you are a new user, click on New User under the Sign in section to create your account.
STEP 3 - Enter your name, email, mobile number, and state. Complete the OTP verification for both email and mobile to secure your registration.
STEP 4 - Log in using your registered credentials, go to Apply for Services, and select View all Available Services.
STEP 5 - Search for the scheme, fill in the required application forms accurately, and upload the necessary documents.
STEP 6 - Review your application carefully before clicking Submit.
You can track your application status conveniently via the Antyodaya-SARAL Portal by providing your Department name, Scheme name, and Application Reference ID.
Documents
Keep these documents ready to ensure a smooth application process:
- Identity/Citizenship Proof: Aadhaar Card.
- Age Proof: Aadhaar Card.
- Resident/Address Proof: Ration Card or Haryana Domicile Certificate.
- Caste/Religion Proof: Valid Caste Certificate for reserved categories.
- Disability Proof: Disability Certificate (minimum 40%).
- Other: Recent passport-sized photograph and your bank account details.
References
FAQ's
What is the highest loan amount eligible under this scheme?
You can apply for a maximum loan of ₹25,00,000.
What interest rates should I expect?
The loans are offered at interest rates ranging from 4.5% to 8% per annum.
Which disability categories are eligible?
The scheme supports individuals categorized as Orthopedic Handicapped (OH), Visually Handicapped (VH), Hearing Handicapped (HH), and Mentally Retarded (MR).
What is the required age range?
You must be between 18 and 45 years of age to apply.
Is the professional degree mandatory?
Yes, you should possess a professional degree from a recognized educational institute.
How do I check my application status?
You can check the progress of your application through the Official Application Tracking Portal using your reference ID.
Can I apply if I live outside Haryana?
No, this scheme is specifically made for permanent residents of Haryana.