Recruitement Rules
DEFAULTERS LIST
Tender Notices- Advertisements
Profile
Eligibility
RTI Act 2005
Schemes At a Glance
Revised Interest Rate Structure effective from 01.08.2017
Loan Application
Documentations
Help Line
Success Stories
Circular, Orders and Notification
Winning Edge
Centralized Circular
Centralized Order
Centralized Important Schemes
Citizen Charter
Archive
Tender Notice (NEW)
MANUAL - Office Procedure
Gazette Notification
Contact Us
sfcact1951
SFC's ACT, 1951
DFC's REGULATION
EMPANELMENT OF ADVOCATES
Citizen Charter

CITIZEN CHARTER

 Objective

To extend financial assistance to MSME and service sector enterprises in the small and medium scale in National Capital Territory of Delhi and Union Territory of Chandigarh.

Vision

To become a leader for catering to the financial and developmental needs of the MSME sector to make it robust and competitive. To position DFC as a customer-friendly institution and a house hold name in NCT of Delhi and UT of Chandigarh.

Mission

"To facilitate credit flow to MSMEs for promotion, development and economic growth of this sector.”


Scope of Activities

The Corporation extends financial assistance to micro, small and medium scale industries, service sector industries and commercial transport sector in National Capital Territory of Delhi and Union Territories of Chandigarh.  Focus of the Corporation is social objective i.e. poverty alleviation, employment generation, creating opportunity for self employment, relocation of industries, cleaning environment and encouraging first generation entrepreneurs. Corporation makes available finance for all activities which are permitted under SFC's Act or as approved by the SIDBI/State Govt.

 DETAILS OF BUSINESS TRANSECTED BY THE ORGANIZATION

     1.   The Corporation is authorized under provision of SFC’s Act, 1951 to carry on and transact any of the following kinds of business, namely:-

     (a)    guaranteeing , on such terms  and conditions as may be  agreed   upon,-

                    (i)  loan raised by industrial concerns which are repayable within a period not exceeding twenty    years, and is floated in the public market;

                   (ii) loan raised by industrial concerns from scheduled banks or State co-operative banks or other financial institutions;

        (b) guaranteeing, on such terms and conditions as may be agreed upon, deferred payments due from any industrial concern in connection with its purchase of capital goods within India;

        (c) underwriting of the issue of stock, shares, bonds or debentures by industrial concerns;

  (d) transferring for consideration any instruments relating to loans and advances granted by it to industrial concerns;

  (e)  acting as agent of  the Central Government or the State Government or  the Development Bank or the Small Industries Bank or the IFCI Limited formed and registered under the companies  Act, 1956, or any other Financial institution  notified in this behalf by the Central Government in respect of  any matter connected with , or arising out of, the grant of loans or advances to an industrial concern, or subscription to debentures of an  industrial concern or relating  to the  business of the Development Bank, Small Industrial Bank, IFCIL Limited or  financial institution;

           (f)   subscribing to or  purchasing of, the stock, shares, bonds or debentures of an industrial concern or any other concern;

           (g) retaining as part of its assets any stock, shares, bonds or debentures which it may acquire by subscription  or in fulfillment of its underwriting liabilities and disposing of the stock, shares, bonds or debentures so acquired.

  (h) granting loans or advances to , or subscribing to debentures, of an industrial concern, repayable within a period not exceeding twenty years from the date on which they are granted or subscribed to , as the case may be :

          PROVIDED that the Financial Corporation may , with the prior approval of the Small Industries Bank, exceed the said limit of twenty years up to a further period of ten years:

                   PROVIDED FURLTHER that nothing contained in this clause shall be deemed to preclude the Financial Corporation from granting loans or advances to, or subscribing to debentures of, and industrial concern to which may be attached an option to convert such debentures or loans into stock or shares of the industrial concern:

                    PROVIDED ALSO that the Financial Corporation may , in the exercise of such option, convert the amounts outstanding on such debentures or loans into  stock or shares of the industrial concern if such concern  increases its subscribed capital by the issue of further  stock or shares in accordance with the subject to, the provisions of s.81 of the Companies Act, 1956

                  Explanation: In this clause, the expression “the amounts outstanding on such debentures or loans “shall mean the principal, interest and other charges payable on such  debentures or loans as at the time when  the amounts are sought to be converted into stock or shares.

(i)       accepting or discounting promissory  notes and bills of exchange made, drawn, accepted or endorsed  by industrial concerns or by the any person selling capital goods manufactures by one industrial concern to another industrial concern.

(j)      undertaking research and surveys for evaluating or dealing with marketing or investments or undertaking and carrying on techno-economic studies or other activities in connection with the development of any industry;

(k)     providing technical and administrative assistance to any industrial concern or any person for the promotion , management or expansion of any industry;

(l)       planning and assisting  in the promotion and development of industries;

(m)   providing consultancy and merchant banking  services;

(n)     acting as the trustee for the holders of debentures or other securities;

(o)     leasing, sub-leasing or giving on hire or hire-purchase of industrial plant, equipment, machinery or any other assets;

(p)     factoring;

(q)     providing export related credit and service;

(r)      undertaking money market related activities;

(s)      setting up of mutual funds and undertaking asset management activity;

(t)      promoting , forming or conducting or assisting in the promotion, formation , or conduct of companies, subsidiaries, societies, trusts or such other associations of   persons as it may deem fit;         

(u)     opening or confirming or endorsing letters of credit  and negotiating  or collecting bills and other documents drawn there under;

(v)     doing such other  business as the Small  Industries bank may authorize, and or generally the doing of such acts and things as may be incidental to or consequential upon , the exercise of its powers or the discharge of its duties under this act.

Activities Eligible for Financing under Section 2 C of the SFC’s  Act 1951 

“industrial concern” means any concern engaged or to be engaged in:-

               I.          the manufacture, preservation or processing of goods;

             II.          mining or developments of mines;

          III.          the hotel industries;

           IV.          the transportation of passengers or goods by roads or by water or by air or by ropeway or by lift;

             V.          the generation and distribution of electricity or any other form of power;

           VI.          the maintenance, repair, testing or servicing of machinery of any description or vehicle, or vessels or motor boats or trailers or tractors;

        VII.          assembling, repairing or packing any article with the aid of machinery or power;

      VIII.          the setting up or development of an Industrial area or Industrial estate;

           IX.          fishing or providing shore facilities for fishing or maintenance there of.

             X.          Providing weigh bridge facilities;

           XI.          Providing engineering, technical , financial , management , marketing or other services or facilities for industry;

        XII.          providing medical , health or other allied services;

      XIII.          providing software or hardware services relating to information technology, telecommunication or electronics including satellite linkage and audio or visual cable communication;

      XIV.          setting up all development of tourism related facilities including Amusements Parks, Convention Centre, restaurant, Travel and transport ( including those at airports), Tourist Service agencies and guidance and counselling services to the tourist;

         XV.          construction;

      XVI.          development, maintenance and construction of roads;

    XVII.          providing commercial complex facilities and community center including conference halls.

 XVIII.          floriculture;

      XIX.          tissue culture, fish culture, poultry farming , breeding and hatcheries;

         XX.   service industry such altering, ornamenting, polishing, finishing, oiling, washing, cleaning or otherwise treating or  adopting any article or substance with a view to its use, sale, transport, delivery or disposal;

      XXI.        research and development of any concept technology, design, process or product  whether in relation to any of the matter aforesaid, including any activities approved by the Small Industries Bank; or

    XXII.         such other activity as may be approved by the Small Industries Bank;

Note:- The industries as mentioned in prohibited / negative list of industries circulated by the GNCT Delhi and Chandigarh are not eligible for financing.

EXTENT OF LOAN

Rs. 10.00 Crore for companies and co-operative societies

Rs. 4.00 Crore for proprietorship and partnership firm

Industrial Units / Service Sector Enterprises where share capital & free reserves do not exceed Rs. 10.00 Crores are eligible to avail loans. 


RATE OF INTEREST     

1.           The Corporation has adopted fixed interest rate regime and the interest is charged on reducing balance basis.  The prevailing interest rate is 13%  p.a.  However,  the interest rate for DAMB  shops  has been fixed at 12%  p.a.  DFC also grants  rebate of  0.75%  p.a.  in interest rate in the following  cases :

 

a)              Units which  have been rated among the top three credit ratings given by CRISIL/ ICRA/ SMERA/ CARE/ FITTCH and the credit rating given by the agency is valid on the date of application.

b)              The existing borrowers of the Corporation who were standard asset during the last three years.

c)             The past clients of the Corporation whose loan remained standard during the tenure of loan.

d)       Any other deserving case as decided by  the CMD.

 

The rate of interest of 13% p.a. proposed shall be bench mark rate for internal credit scoring and rating model(CSRM) to be implemented by the corporation for all cases except case covered under Assets based financing and transport.

 

2.                Additional interest @ 2.5% p.a. is charged on the defaulted amount and for the period of default. Any change in the rate of interest at the time of first disbursement on the directives of the RBI/SIDBI/DFC will be applicable even if the loan has been sanctioned and mortgage/Hypothecation deed has been executed earlier.

 

3.                Interest is charged on EMI/ quarterly basis depending upon the scheme of financing.  Further, during the moratorium period, interest is charged and recovered on monthly/ quarterly basis as per the financing scheme. In the event of default of monthly installments interest at the agreed rate shall be charged on the installment or any part there of which may for the time being remain unpaid for the period of default on the monthly rest basis besides penalty as per the following slab:-

·         For EMI upto Rs 10,000/-, Rs 20 p.m. per installment.

·         For EMI Rs 10,000/- to 25,000/- Rs 50/- p.m. per installment.

 

4.                The repayment of loan availed by borrower (disbursed amount and not sanctioned amount) is recoverable along with normal interest charged on daily product basis and additional interest in case of delay.

Pre-Payment Charges

In the event of pre-payment / fore – closure of the loan, the borrower is liable to pay the pre-payment charges @ 2% of outstanding principal amount. However, there is no pre payment charge in Business Loan Scheme.

 

PROCESSING FEE

The Processing fee at uniform rate of 0.5% of the loan amount + applicable service tax in all cases w.e.f. 01.04.2011. However the borrower will have to bear all other misc. expenses as is required to process the case further i.e. the expenses on account of valuation of properties, advocate fee on account of title search and inspection cost etc.

FINANCING SCHEMES

The corporation finances all manufacturing activities and service sector activities permissible under the Master Plan of Delhi/ Chandigarh and in consonance with the Industrial Policy of Delhi Government /Chandigarh Administration. Entrepreneurs are welcome to get finance for setting up hospital, nursing homes, diagnostic centers, tourism related activities, hotels, restaurants, amusement parks, hi-tech electronics/ software industries apart from a host of service sector activities like boutiques, beauty parlors, health centers, etc. in line with the requirements of metropolitan character of Delhi/ Chandigarh.

The Corporation offers various schemes catering to needs of all categories of entrepreneurs, who may be from weaker section of society or under any special category or a general category.

LOAN APPLICATION FORMS

Form A Up to Rs.50,000/-

Form B Above Rs. 50,000 and up to Rs.2.00 lacs.

Form C Above Rs.  2. 00 lacs and up to RS 10.00 lacs

Form D Above Rs. 10.00 lacs

Simplified loan application forms for SRTO, Relocation Scheme, Business Loan Scheme, Household Industries, Professional Qualified Entrepreneur scheme and Equipment Financing Scheme are available separately. Application forms can be obtained from the Reception Counters or can be downloaded from the website.  Guidance for filling up the same is also made available.  

The Corporation will charge a nominal cost of Rs20.00 for each application form

Guidance 

For loans under General Scheme/SRTO/Relocation/Business Loan/Working Capital Scheme etc:-

i)              Application Forms in respect of all above financing schemes of the Corporation are available at DFC’s Head Office, Sub Office Rohini and Branch office Chandigarh from 11.00 A.M. to 4.30 P.M. on any working day by paying a nominal cost of Rs20/-

 

.ii)            Assistance will be provided to fill up the form by Dy. Manager / Manager of the concerned division from 11.00 a.m. to 4.30 p.m. on any working day or at phone Nos. given at last page.

 

iii)            For guidance and further details please contact the dealing Managers/Asstt. General managers/Dy. General managers at telephone Numbers ( HO) 011-28525035-39 sub Office  Rohini 011-27572696, 27572699, 27572125and branch office Chandigarh (2652738-39)

               

PROCESS OF SANCTION, DISBURSEMENT & RECOVERY

Duly filled-up loan application forms, along with documents as per the checklist provided in application forms, are accepted by the Nodal officers in the concerned Divisions (Industrial Loan, Transport Loan and Relocation Loan Divisions) after due scrutiny. The same, after further analysis and KYC, are placed before the screening committee /ABC Classification Committee, which finally accept the loan proposal for further financial and technical evaluation/appraisal    (with applicant participation/input).

In case the loan proposal is for Rs10 lakh and above, the same is placed before the Project Evaluation Committee (PEC) before finally placing it to sanctioning authority. ( PEC is not applicable for Relocation casers and Transport cases). The time period for sanction of loan is as under:-

·         Loans up to Rs.2.00 lakh  : 7 working days from the date of compliance of all required formalities ( by the borrower and DFC) for sanction and categorization of the case.

 

·      Loans above Rs.2.00 lakh and upto Rs.5.00 lakh : 10 working days from the date of compliance of all required formalities ( by the borrower and DFC)  for sanction and categorization of the case.

 

·         Loan proposal to be placed in SLC/IC : 15 working days from the date of compliance of all required formalities ( by the borrower and DFC)  for sanction and categorization of the case.

 

·         Loan case to be placed in EC/Board :  20 working days from the date of compliance of all required formalities ( by the borrower and DFC)  for sanction and categorization of the case.

 

 The Legal Officer of the Corporation carries out scrutiny of the legal papers (collateral security) submitted by the party simultaneously at pre-sanction stage. The papers of collateral security is got searched by panel advocate of corporation. After establishment of clear marketable title, the market value of the property is also got valued by panel valuer of the Corporation. ROC search is also required in company cases. The Legal Officer finalizes the various documents for execution in the case.

The loan is disbursed after the party complies with all the conditions as per sanction letter/executed documents. The industrial loans are released in phases in proportion to the investment brought in by the promoter in the project while in case of transport loans, the loan is released after the promoter has arranged/invested entire equity.

The process of  disbursement of the loan is completed within the time frame as under:-

·         First disbursement:  In all loan cases  the first disbursement would be made within 2 working days after compliance of all formalities including legal documentation and terms & conditions of sanction letter.

-     Closure of Loan Application:  The letters are issued to the applicants for submission of required documents within 7 working  days, failing which the loan application shall be closed and decision regarding closure of the case shall be conveyed within 2 working  days from the date of orders.

The process of recovery will be as per SFC Act 1951 and “No Due Certificate” along with documents will be issued within 15 working days after clearance of entire loan.

 DETAILS OF SERVICES PROVIDED TO THE CLIENTS

     Schemes Provided to the Clients  

 Sl.No.

Schemes

Promoter’s Contribution (Min.)

Maximum Quantum of Loan (Rs)

1

General Scheme : Proprietorship, Partnership, Private & Public Ltd.  Companies, Co-operative societies under Small Scale Industries, service sector activities and naturally growing small scale units to medium scale can avail the loan for acquisition of land, construction of building, plant and machinery, pre-operatives and other assets to following eligible units:

a)    New projects in MSME for manufacturing, preservation or processing of goods.

b)       Existing projects in Micro and small scale sectors which have undertaken expansion / modernization / technology up-gradation / diversification & relocation of industrial units from non-conforming to conforming areas, etc. 

c)  New and existing service sector enterprises like hospitals, nursing homes, clinics, restaurants, hotels, tourism related activities, DDA shops, commercial complexes, and multiplexes etc as per guidelines of SIDBI.

Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

 

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1)

Rs  10.00 Crore for companies and societies &

Rs 4.00 Crore for proprietorship and partnership  firms

2

Scheme for Financing of Land & Building under Relocation:  The Corporation introduced this Scheme for providing financial assistance to the entrepreneurs for financing the Cost of land and construction of factory building on land allotted by DSIIDC under relocation Scheme of the Govt of NCT Delhi.

 

Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1).

Rs  10.00 Crore for companies and societies &

Rs 4.00 Crore for proprietorship and partnership  firms

3

Scheme for Business Loan under Relocation: For proposed expenditure like installation of power connection, reconditioning of existing machinery, shifting expenses, renovation of building, working capital,  repayment of unsecured temporary loans taken for above purposes incurred up to one year before the date of application.

 

Minimum 20%

DER 2:1 (Overall)

Maximum Rs. 25.00 Lakh and Minimum Rs.1.00 Lakh

4

Equipment Finance Scheme: To assist the existing SSI and service sector units for acquisition of machinery/equipment, both indigenous and imported.  This would facilitate modernization / technology up-gradation, expansion and diversification and quality Improvements or providing other facilities to an existing unit which is in operation for a period of at least 3 years and should have earned profits during 2 proceeding years

33.33 % total  subject to minimum 20% margin on proposed equipment cost

(DER  2 : 1).

Rs  10.00 Crore for companies and societies &

Rs 4.00 Crore for proprietorship and partnership  firms.

5

Technology Development & Modernization for SSI Units (STDM): To encourage existing industrial units in Small Scale Sector to modernize their production facilities and adopt improved and updated technology so as to strengthen their manufacturing facilities

20% of cost of Project.  The Debt Equity Ratio(DER) for the unit as a whole shall not be more than 2 : 1.

Rs 80.00 Lakh

6

Single Window Scheme: To meet need based term loan and working capital requirement.

 

Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

 

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1)

Rs 133.34 Lakh

7

Special Scheme for Loans to Schedule Castes/Tribes: Loan assistance is provided for acquisition of plant, machinery and equipments.  Persons desiring to set up industries for production of domestic consumer products, industrial items, import substitution items, items for export/ defense, workshops and service industries are normally eligible for loan assistance under the scheme.

No promoter’s contribution is required for loans upto Rs 1.00 lakh.  However, loans above  Rs 1.00 lakh require minimum promoter’s contribution of 25%

Rs.5.00 Lakh

8

Scheme For Financial Assistance For Purchase of DDA Built Up Shop/ Booth/ Kiosk/ Office : For acquisition of constructed shops allotted by government land managing authorities (DDA/MCD/NDMC) etc. pre-operatives and other assets by the Successful bidder whose gross total income is at least two times or more than the annual EMI liability of loan

 

35 % of built up shop/ booth/ Kiosks/ Office. ( Over all Max DER 2:1)

Rs  10.00 Crore for companies and societies &

Rs 4.00 Crore for proprietorship and partnership  firms

 

9

Small Road Transport Operators (SRTO) Scheme: For the purchase of new chassis including fabrication of body purchase of tool kit, stepny and insurance and registration etc. by Small Road Transport Operators not owning more than 20 commercial vehicles including existing ones.

20% for loan upto Rs.10.00 lakh

35% for loans above Rs. 10.00 lakh

 

 Need based for upto 20 vehicles (incl. exiting ones).

Rs  10.00 Crore for companies and societies &

Rs 4.00 Crore for proprietorship and partnership  firms

10

Household Scheme:  Proprietary or family partnership units employing not more than 5 persons in a space of about 300 sq.ft. with power load of 5 KW in residential area (for selected 112 Household industries as approved in Delhi Master Plan 2021).

Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

 

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1)

Rs.5.00 lakh

11

Scheme for Physically Challenged: Independent or partnership with one partner physically challenged (having more than 60% share or units with 25% physically challenged employee).

a)   NIL up to Rs. 50,000/- and

b) 5% of cost of project above Rs. 50,000/-

Rs.5.00 Lakh

12

Composite Loan: Purchase of work-shed machinery & working capital by artisans for village & Cottage Industries

Nil margin up to loan of Rs. 2 lakh. Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1)

Rs25.00 Lakh

13

Marketing Support to Small Scale Inds., Cottage & Village Inds:

a) For purchase of mobile sales vans (upto 6  vehicles) as per proposal supported by KVIC

25 % up to Rs10.00 Lakh

33.33 % above Rs 10.00 Lakh

 For a. Rs 3.00 Lakh per vehicle and max Rs16.75 Lakh

b)  For setting up of Sales outlets

 

 

Rs  10.00 Crore for companies and societies & Rs 4.00 Crore for proprietorship and partnership  firms.

14

Acquisition of ISO-9000 series certification: by existing profit making SSI units can be financed for costs of acquiring equipments & expenses towards consultancy/documentation etc.

15 % of COP. The DER for the unit as a whole shall not be more than 2 : 1

Rs  10.00 Crore for companies and societies & Rs 4.00 Crore for proprietorship and partnership  firms.

15

Textile Industry under technology up-gradation (TUFs): for any new or existing unit for acquiring equipments

20% of COP.  The DER for the unit as a whole shall not be more than 2 : 1

Rs.80 lacs (need based)

16

Short term working capital (STWC): for existing profit making SSI units to meet short term working capital requirements

Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

 

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1)

 

Rs  10.00 Crore for companies and societies & Rs 4.00 Crore for proprietorship and partnership  firms.

17

Working capital term loan (WCTL): For existing profit making SSI units to meet need based working capital

Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

 

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1)

Rs  10.00 Crore for companies and societies & Rs 4.00 Crore for proprietorship and partnership  firms.

18

Scheme for the allottees of warehousing plots of PVC market at Tikri Kalan by DDA

35%  with max DER 2:1

Rs  10.00 Crore for companies and societies & Rs 4.00 Crore for proprietorship and partnership  firms.

19

Scheme for the allottees of Plots of Paper Merchants

35%  with max DER 2:1

Rs  10.00 Crore for companies and societies & Rs 4.00 Crore for proprietorship and partnership  firms.

20

Scheme for Restaurants, Hotels, Amusement Pat & Other Tourism related activities.

Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

 

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1)

Rs  10.00 Crore for companies and societies & Rs 4.00 Crore for proprietorship and partnership  firms.

21

Scheme for Hospitals / Nursing Home/ Clinics / Diagnostic Centre etc & For Purchase of Medical Equipments

 

 

Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

 

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1)

Rs 10.00 Crore for companies and societies & Rs 4.00 Crore for proprietorship and partnership  firms.

22

Scheme for Commercial Complex, Multiplex & Other Commercial Construction activities

 

Minimum 25% up to the loan of      Rs. 10.00 Lakh (DER 3:1) and

 

33.33% above the loan of Rs. 10.00 Lakh.(DER 2:1)

Rs  10.00 Crore for companies and societies & Rs 4.00 Crore for proprietorship and partnership  firms.

 

 

 EXPECTATIONS FROM THE CLIENT BY THE DEPARTMENT

Compliance  of  KYC  Norms,  AML  Standard

In accordance with the direction of RBI/ Govt. of India, the Corporation has implemented the “Know Your Customer” (KYC) norms, “Anti Money Laundering” (AML) Standard  by obtaining  photocopy  of address proof and  identity proof  details of which are given hereunder

For  ID Proof:

 i) Passport/voter I.D, Driving License + Employer’s letter + Salary Slip 

 ii) Certified copy of PAN Card.

For Address Proof:

Correct permanent address will be verified from Telephone Bill, Bank Account ,Statement, Electricity Bill, Letter from employer (subject to satisfaction of  The corporation)  National Population Registration Number/Adhar No..etc.

In the case of company certificate of incorporation and Memorandum & Articles of Association, Resolution of the Board of Directors to open an account and identification of those to operate the account, Power of Attorney for transacting business, Copy of PAN / telephone bill are required.

In the case of Partnership Firms registration certificate Form ‘A’ & ’B’ and Partnership deed along with other documents as above are required.

In the case of  Trusts & foundations similar documents as applicable are required.

AML Standards:  AML standard are satisfied  as per the RBI guidelines.

GRIEVANCE REDRESSAL MACHANISM

Senior Officers of the Corporation regularly interact with the borrowers and representative associations of entrepreneurs to know their problems and try to re-orient Corporations' policies befitting to the changing environment. Executive Director / General Manager / Dy. General Manager acts as the Nodal Officer of 'Public Grievance Cell’, which handles the grievances of the entrepreneurs by directing necessary remedial actions. All senior officers like, DGMs, AGMs and Managers hear the public grievances between 11.00 a.m. to 12.00 noon on all working days and time bound directions are issued to various officials for taking remedial measures.

RIGHT TO INFORMATION ACT-2005

The Corporation disseminates information to any citizen who wishes to obtain such information under Right to Information Act. The information dissemination authorities are as under :

1)  Appellate Authority under RTI Act-2005

                   Shri R.N. Mangla    - Executive Director

2)  Public Information Officer under RTI Act-2005

                 Shri S.K. Dureja  -  Dy. General Manager

3)  Assistant Public Information Officer under RTI Act-2005

                 Sh. J.R. Singh      -   Manager.

 

                                          

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Latest News
 
Automated System of Allotment Govt. of Delhi (e-Awas)
Delhi Budget 2017_18
Discontinuation of physical printing of Government of India Gazettes
Empanelment of Ms ICSIL for hiring of contractual manpower
Extention of date Application for the post of Other Persons Members for Lok Adalats
Inviting Nominations Last Day 14 Mar 16
List of Affidavits
Notification of Odd-Even
Notification-Delhi Victims Compensation Scheme 2015
Opinion of Sri Gopal Subramanium on certain issues related to Government of NCT of Delhi
 
Local Services
 
 
Last Updated:17, Jan 2017