Govt Schemes and Programs

Name of Scheme

Term 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 loan is 85% from NBCFDC and 15% State channelising agency/beneficiary's contribution. The rate of interest upto loan of 5 lakhs is 3% for NBCFDC to SCA and 6% from SCA to beneficiary. For loans above 5 lakhs., rate of interest for NBCFDC to SCA is 5% and SCA to beneficiary is 8%

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

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

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/term-loan-schemes

Additional Information

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