Saksham scheme
Loan
Finance
Ministry of Social Justice and Empowerment
A special scheme under Term Loan for young professionals belonging to Backward Classes of the target group with provision of concessional loans to set-up their own self-employment ventures after completing the professional courses such as Doctors Clinic, Nursing Homes, Physiotherapy Clinics, Bio-Medial Labs, Lawyers' Office, Engineering Unit, Chemist Shops, Architect Offices, Office for CA/Financial Consultancy etc(NBCDFC, n.d.).
The maximum loan limit is Rs.10 Lakh(NBCFDC, n.d.).
Members of Backward Classes, as notified by Central Government/ State Governments from time to time. The annual income of the applicant's family should be below double the poverty line i.e. Rs.1,20,000/- p.a. in urban areas and Rs.98, 000/- p.a. in rural areas. Should have obtained a professional education as above.(NBCFDC, n.d.)" The NBCFDC contribution is 85% and SCA loan is 10% and 5% is beneficiary contribution. The rate of interest is upto 5 lakh 3% per annum (NBCFDC to SCA) and 6% per annum from SCA to beneficiary. The rate of interest above 5 lakh upto 10 lakh is 5% per annum (NBCFDC to SCA) and 8% per annum (SCA to beneficiary)
National Backward Classes Finance and Development Corporation
Gopal Meena
District magistrate
5th Floor, NCUI Building, 3, Siri Institutional Area, August Kranti Marg, New Delhi-110016
national: nbcfdc@del3.vsnl.net.in local: dm-madhepura-bih@nic.in
National: 011-26511027/ 011-26511028, Local: 9473191353
011-26850086
Further details and application for the loan has to be at the district level at the office of the district collector