Saksham Yuva Yojana

What is Saksham Yuva Yojana, its benefits and how it is helping youth.
OPEN FD
Build financial security with a Bajaj Finance FD
OPEN FD
4 min
30-August-2025

Finding a stable job after years of studying can feel like running a marathon without a finish line. To ease this struggle, the Haryana government launched the Saksham Yuva Yojana—a scheme that provides financial assistance and work opportunities to unemployed but educated youth.

What is the Saksham Suvidha portal?

The Saksham Yuva Yojana, launched in 2016, is designed to support Haryana’s educated youth who are struggling to find jobs. The scheme provides a monthly allowance and honorarium to eligible candidates and also connects them with employment opportunities in government departments and registered firms.

While Saksham Yojana provides short-term relief, investing in a Bajaj Finance FD ensures long-term financial security with guaranteed returns up to 7.30% p.a.

Objectives of Saksham Yuva Yojana

The scheme goes beyond financial aid by actively engaging unemployed youth in meaningful work:

  • Reducing unemployment through placements in government departments.
  • Providing skill development opportunities so that youth can grow professionally.
  • Offering financial assistance through allowances and honorariums.
  • Allowing candidates to choose sectors that align with their interests.

Just as Saksham Yuva Yojana develops skills for future stability, Bajaj Finance FDs help you grow wealth at a rate of up to 7.30% p.a., securely for long-term needs like education, marriage, or retirement. Book FD.

Also Read: Ladli Laxmi Yojana

Key features of the scheme

Some notable features include:

  • Skill development: Helps youth enhance employability by learning in real-world environments.
  • Financial support: Provides allowances to ease the burden of unemployment.
  • Employment opportunities: Acts as a bridge to connect candidates with various state departments.
  • Placement assistance: Functions as a placement platform for registered entities.

For those planning their next step financially, Bajaj Finance FD offers flexible tenures (12–60 months) to match short- and long-term goals. Check eligibility!

Fixed Deposit

  1. Trusted by over 5 lakh customers
  2. Fixed Deposits worth more than Rs. 50,000 crore booked
  3. Rated CRISIL AAA/STABLE and [ICRA]AAA(STABLE)
  4. Up to 0.35% p.a. extra interest offered for senior citizens
  5. Flexible interest payout options available - Monthly, Quarterly, Half-yearly, Annually or at Maturity

By proceeding, you agree to our Terms and Conditions

Eligibility criteria for Saksham Yojana

There are certain criteria the applicant must fulfil to be eligible for the Saksham Yuva Yojana. The conditions required for Saksham Yojana registration are outlined below:

  • You should be a native of Haryana.
  • You must have completed post-graduation from a university recognised by the government of Haryana.
  • You should be registered with the live register of employment exchange in the state for at least three years as of November 1st of the respective year.
  • You should be at least 21 years old, but your age should not exceed 35 years.
  • You must not have held any government office previously.
  • You must not be employed in any sector, be it public, private, or quasi-government; neither should you be self-employed.
  • The cumulative yearly income of your family should not exceed Rs. 3 lakh, inclusive of all sources.

The eligibility criteria to receive an honorarium are almost the same except for a few additions. These are as follows:

  • You should have completed 10+2 education as a regular student.
  • If you have completed post-graduation, the degree received must be through a regular course from the Punjabi University in Patiala or any recognised institution in Chandigarh, Delhi NCR or Haryana.
  • If you have passed 10+2, your age should be in the range of 18-35, and if you are a graduate or post-graduate, your age should be between 21 and 35.

Whether you are starting out or planning ahead, Bajaj Finance FDs require just Rs. 15,000 as minimum investment, making it easy for anyone to begin saving. Check eligibility.

Saksham Yojana rate of allowances

The scheme offers different monthly allowances depending on education level:

  • Matriculation: Rs. 100 per month
  • 10+2 or equivalent: Rs. 900 per month
  • Graduate: Rs. 1,500 per month
  • Post-graduate: Rs. 3,000 per month

Additionally, a monthly honorarium of up to Rs. 6,000 is given for 100 hours of work in government departments or registered firms.

While allowances provide short-term income, Bajaj Finance FD can help you create a steady monthly income plan post-retirement through non-cumulative payout options. Check latest rates, choose tenure and invest now!

Fixed deposit variants

Highest Credit Ratings | Trusted with over 1.4 million Deposits | Assured Returns on FD
Recommended

Fixed Deposit - 60 Months

INTEREST RATES UP TO
7.30% p.a.
Invest Online

Fixed Deposit - Senior Citizen

INTEREST RATES UP TO
7.30% p.a.
Invest Online

Fixed Deposit - Age below 60

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - Minor

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - HUF

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - Sole Proprietor

INTEREST RATES UP TO
6.95% p.a.
Open FD

Objectives of Saksham Yuva Yojana

Process for applying to Saksham Yuva Yojana

Having understood the eligibility criteria, if you qualify for the Saksham Yojana, you can follow the steps below to register for it:

  • To begin, go to the official portal of Haryana’s Department of Employment.
  • Tap on “Free Job Seekers Registration”.
  • Read the instructions that appear on the screen. After this, click on “Proceed with Registration”.
  • A five-page form will now appear on your screen. Fill out the form and then save it.
  • Within 15 days of your registration, submit all the required documents to the local employment exchange.
  • Once the documents have been submitted, visit the Saksham Yuva page on the website.
  • Following this, another form will appear, which you need to fill out and submit.

Documents required: PAN card, Aadhaar, domicile certificate, bank account details, and educational certificates.

Saksham Yojana check status

  • Visit the official portal
  • Click on “Application Details”
  • Enter required information and click “Search”
  • Your application status will be displayed

Also Read: Indira Gandhi National Old Age Pension Scheme

Conclusion

The Saksham Yuva Yojana is a strong step by the Haryana government to address unemployment among educated youth. By providing financial assistance, skill development, and work opportunities, it helps young citizens gain confidence and prepare for future careers.

For long-term financial growth, however, consider complementing government support with secure investments like Bajaj Finance Fixed Deposits. With AAA ratings from CRISIL and ICRA, high interest rates, and flexible tenure options, Bajaj Finance FDs ensure that your savings grow reliably and are always protected. Open FD.

Calculate your expected investment returns with the help of our investment calculators
 

Investment Calculator

FD Calculator

Sukanya Samriddhi Yojana Calculator

PPF Calculator

Recurring Deposit Calculator

Provident Fund Calculator

Gratuity Calculator

Frequently asked questions

When was the Saksham Yuva scheme launched?
The Saksham Yuva Yojana was launched on November 1st, 2016, with the objective of providing monthly allowances and employment opportunities to unemployed, educated youngsters.
Who launched Saksham Yojana?
The Saksham Yojana was launched by the government of Haryana to serve the welfare of unemployed youths. Its target is encouraging skill development among youngsters and helping them attain expertise in a domain. This is to further help them take up jobs independently in their area of interest.
When was Saksham Yuva Yojana first introduced?

Saksham Yuva Yojana was first introduced in 2016 by the Government of Haryana. The scheme aims to enhance the employability and skill development of the state's youth by providing financial assistance and training opportunities.

Who has benefited from this scheme?

The scheme has benefited unemployed youth in Haryana by providing them with financial assistance, skill training, and job opportunities. This initiative targets young individuals who have completed their education but are struggling to find employment.

Who can be registered under this scheme?

Unemployed youth between the ages of 18 and 35, who are residents of Haryana and have completed at least their graduation, can be registered under the Saksham Yuva Yojana. Eligibility also includes meeting specific educational and unemployment criteria.

Why choose Bajaj Finance FD over other options?

Because Bajaj Finance FDs offer returns up to 7.30% p.a., multiple payout options, and the highest safety ratings—helping you grow wealth with complete peace of mind. Book now!

Show More Show Less

Related videos

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.