Mukhya Mantri Nihshaktjan Swarojgar Yojana
Loan, employment
any
Department of Social Welfare, Government of Bihar
The Mukhya Mantri Nihshaktjan Swarojgar Yojana extends loans for self-employment to persons with disabilities. Loans are offered at very low interest rates to persons with disabilities wishing to be entrepreneurs for the purpose of establishing small scale industries, manufacturing, agriculture etc. A maximum of Rs. 1.5 lakh, at an annual interest rate of five per cent, is provided under the Scheme. The repayment of the loan amount begins after one year of sanction of the loan or after six months after initiation of employment whichever is earlier. The beneficiary has to repay the loan amount in a period of five years in equal monthly instalments. The Bihar State Backward Class Finance and Development Corporation is the nodal agency for executing this scheme(Government of Bihar, n.d.)
The scheme has been launched to provide loans for employment to the persons with disabilities. Under this scheme, loans at low interest rates will be provided to persons with disabilities
1. Resident of Bihar (Residence proof issued by concerned official);
2. Between 18-65 years of age;
3. Suffering from 40 per cent disability;
4. Resident of the District from where he has to seek the loan;
5. Qualified with degree or diploma from a recognised institution
Bihar state backward class finance and development corporation
n.a.
Managing director
4th Floor Sone Bhawan Birchand Patel Marg Patna 800001
bsbcfdcpatna@rediffmail.com
0612-2506579, 0612-2200536, 0612-2231815
Fax - 0612-2226099