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

Term loan

Benefits Under the Scheme

(i) Term Loan (a) Upto Rs 5.00

(ii) Term Loan (b) Above Rs 5.00 & upto Rs 10.00

(iii) Term Loan (c) Above Rs 10.00 & upto Rs 20.00

(iv) Term Loan (d) Above Rs 20.00 & upto Rs 30.00 " for Term Loan (a) interest rate for channelising agency is 3% and beneficiary is 6%

    (ii) Term Loan (b) interest rate for channelising agency is 5% and beneficiary is 8%

    (iii) Term Loan (c) interest rate for channelising agency is 6%and beneficiary is 9%

    (iv) Term Loan (d) interest rate for channelising agency is 7% and beneficary is 10%. the above mentioned rates are for per annum. " Term loan is to be repaid in quarterly/half yearly/yearly installments, within a maximum period of 10 years (including moratorium period).

Eligibility Criteria

NSFDC provides loans only to economically poor sections of Scheduled Castes whose annual family income is below Double the Poverty Line limit (DPL) which is presently upto Rs 81,000/- p.a. for rural areas and upto Rs1,03,000/- p.a.for urban areas. applicant must have practical experience or skill and entrepreneurial ability in concerned field so that they can manage their business successfully. NSFDC provides loans only to economically poor sections of Scheduled Castes whose annual family income is below Double the Poverty Line limit (DPL) which is presently upto Rs 81,000/- p.a. for rural areas and upto Rs1,03,000/- p.a.for urban areas. applicant must have practical experience or skill and entrepreneurial ability in concerned field so that they can manage their business successfully.

Concerned Agency Institutions

1. National Schedule Castes Fianance and Development Corporation

2. Bihar State SCs Co-operative Dev. Corpn. Ltd.,

Name Of Person

1) Gyanendra Kumar Dwivedi

Designation

1) Director

Address

1) National Scheduled Castes Finance and Development Corporation,

New Market Phase-II,

5th Floor, 15-N, Nellie Sen Gupta Sarani,

Kolkata - 700 087

2.) Bihar State SCs Co-operative Dev. Corpn. Ltd.,

Malayanil Bhawan, Buddha Colony,

Patna – 800 001

Email

n.a.

Phone

1) 011-23385491 (Off.) 2) 033-22521395 3) 0612-2525612

Fax

n.a.

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