Govt Schemes and Programs

Name of Scheme

Margin money loan

Type of Scheme

Loan

Sector

Finance

Name of Ministry

Ministry of Social Justice and Empowerment

About the Scheme

The quantum of loan is Rs. 10 Lakhs. The pattern of finance NBCFDC loan 40% , SCA/beneficiary contribution 10% and bank loan 50%

Benefits Under the Scheme

Rs. 10.00 lakh in loan available, repayable upto a perod of 10 years. With 3-8% rate of interest depending upon the loan amount

Eligibility Criteria

for loan upto Rs. 5 lakh, NBCFDC to SCA is 3% , from SCA to beneficary 6%. For loan above 5 lakh, NBCFDC to SCA is 5% and SCA to beneficary is 8% the maximum repayment period is 10 years

Concerned Agency Institutions

National Backward Classes Finance and Development Corporation

Name Of Person

Gopal Meena

Designation

District magistrate

Address

5th Floor, NCUI Building, 3, Siri Institutional Area, August Kranti Marg, New Delhi-110016

Email

national: nbcfdc@del3.vsnl.net.in local: dm-madhepura-bih@nic.in

Phone

National: 011-26511027/ 011-26511028, Local: 9473191353

Fax

011-26850086

Weblink

http://nbcfdc.gov.in/en/margin-money-loan

Additional Information

Further details and application for the loan has to be at the district level at the office of the district collector