Delhi Lakshmi Yojana: ₹2,500 will be credited to your account every month! Understand the complete application process..

Delhi Laxmi Yojana Registration Process: The Delhi government has launched the 'Delhi Laxmi Yojana' to economically empower women in the national capital and make them self-reliant. Under this scheme, financial assistance of ₹2,500 per month will be provided to the eldest female member of the family.

Delhi Chief Minister Rekha Gupta has launched the official portal for the Laxmi Yojana, and applications are already being accepted. Within just two days of the scheme's launch, over 1.47 lakh registrations have been recorded. The government has allocated a budget of ₹5,100 crore for this initiative. Here is information regarding eligibility, required documents, and the online application process.

The ₹2,500 will not be credited to the account as a lump sum.

The Delhi Laxmi Yojana is a unique hybrid cash-transfer and savings scheme that offers women two options:

Option 1 (Cash + FD): A sum of ₹1,000 will be transferred directly to the beneficiary woman's bank account, while the remaining ₹1,500 will be invested by the government in a 'Fixed Deposit' (FD).

Option 2 (Full FD): Beneficiaries can choose to invest the entire ₹2,500 amount in a Fixed Deposit.

A 3-year lock-in period will apply to this FD, backed by a sovereign guarantee from the state government.

Who can apply?

To avail the benefits of the scheme, female applicants must meet the following criteria:

Head of the Family: The applicant must be the eldest female member of the family.
Age Limit: The woman must be between 21 and 60 years of age.
Family Income: The total annual family income must not exceed ₹2.5 lakh.
Delhi Residency: The applicant, her husband, or her parents must have been residents of Delhi for at least 10 years.
Voter ID: The applicant must be a registered voter in Delhi. Electricity Consumption: The family's annual electricity consumption over the past year must not exceed 2,400 units.

Who is ineligible?

Families that are income tax payers or file GST returns.
Families where a member is a permanent or contractual employee in a government job, Public Sector Undertaking (PSU), or local body.
Those who own a four-wheeler vehicle.
The female applicant must not have more than three children.
Individuals with a criminal record are not eligible for the scheme.
Documents required for application

Proof of Identity and Address: Voter ID card (Delhi) and Aadhaar card.

Passport-sized photo and signature: A clear photograph and signature of the applicant.

Recommendation letter from MP or MLA: A signed recommendation/support letter from the area's Member of Parliament (MP) or Member of Legislative Assembly (MLA).

Proof of address/electricity consumption: Electricity bill or gas connection bill.

Proof of age (any one): Birth certificate, Class 10 marksheet, driving license, PAN card, Voter ID, or Aadhaar card.

Bank account details: Copy of bank passbook to receive the amount via DBT.

Step-by-step online application process

Eligible women can register from the comfort of their homes by following the simple steps below:

Step 1: Visit the official website https://dly.delhi.gov.in, select 'Apply for Scheme', and then click on 'Register Now'.

Step 2: Enter your personal information and basic details.

Step 3: Accurately fill in the details of all family members.

Step 4: Enter your active bank account details for the money transfer.

Step 5: Upload all required documents in the prescribed format.

Step 6: Carefully review the form preview and submit it finally.

Step 7: Upload the copy of the recommendation signed by the regional MP or MLA.

Step 8: After completing the application, download the acknowledgement receipt and save it for future reference.

Disclaimer: This content has been sourced and edited from Money Control. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.