NBCFDC General Loan Scheme
About this Scheme
A general loan scheme by the Ministry of Social Justice for Indian citizens from backward classes for various income-generating activities. Loan up to âš15 Lakh per beneficiary for pursuing income-generating activities.
About This Scheme
A general loan scheme by the Ministry of Social Justice for Indian citizens from backward classes for various income-generating activities. Loan up to âš15 Lakh per beneficiary for pursuing income-generating activities such as Agriculture and Allied Activities, Small Business/Artisan & Traditional Occupation, Transport Sector & Service Sector, and Technical & Professional Trades/Courses.
Benefits
Loan up to âš15 Lakh per beneficiary for pursuing income generating activities such as Agriculture and Allied Activities, Small Business/Artisan & Traditional Occupation, Transport Sector & Service Sector, and Technical & Professional Trades/Courses.
The rate of interest would be as follows – Loan up to âš 5.00 Lakh: 6% per annum; Loan above âš5.00 Lakh up to âš 10.00 Lakh: 7% per annum; Loan above âš10.00 Lakh up to âš 15.00 Lakh: 8% per annum.
Eligibility Criteria
The applicant must be an Entrepreneur
The applicant must be from a Backward Class (OBC).
The Total Annual Family Income of the applicant must be Less than âš 3 Lakh per Annum.
Application Process
Apply Offline
Eligible persons desirous of obtaining TERM LOAN under NBCFDC scheme should should apply on prescribed form (available with the Channel Partners) to District Office of Channel Partners where he/she normally resides. The applicant should clearly mention his/her felt needs and choice of vocation and training requirements, if any, in the application form.
For more details, the concerned Channel Partner (State Channelizing Agency/RRB/PSB) can be contacted, or a call can be made on the Toll Free No.18001023399
You can find the address and contact details of the SCA of your state via the link below –
https://nbcfdc.gov.in/sca-list/en
You can find the details of the Regional Rural Banks (RRBs) or the PSB (Public Sector Banks) of your state via the link below –
https://nbcfdc.gov.in/bank/en
Source: https://nbcfdc.gov.in/whow-to-apply/en
Apply Online
Eligible persons desirous of obtaining TERM LOAN under NBCFDC scheme can apply online at registration portal on NBCFDC website: https://nbcfdc.gov.in/loanform/en Requests received will be forwarded to concerned Channel Partners (SCAs/Banks) under intimation to the applicant.
For more details, the concerned Channel Partner (State Channelizing Agency/RRB/PSB) can be contacted, or a call can be made on the Toll Free No.18001023399
You can find the address and contact details of the SCA of your state via the link below –
https://nbcfdc.gov.in/sca-list/en
You can find the details of the Regional Rural Banks (RRBs) or the PSB (Public Sector Banks) of your state via the link below –
https://nbcfdc.gov.in/bank/en
Source: https://nbcfdc.gov.in/whow-to-apply/en
Official Source: View on myScheme.gov.in
Scheme Benefits
- Loan up to âš15 Lakh per beneficiary for pursuing income generating activities such as Agriculture and Allied Activities, Small Business/Artisan & Traditional Occupation, Transport Sector & Service Sector, and Technical & Professional Trades/Courses.
- The rate of interest would be as follows - Loan up to âš 5.00 Lakh: 6% per annum; Loan above âš5.00 Lakh up to âš 10.00 Lakh: 7% per annum; Loan above âš10.00 Lakh up to âš 15.00 Lakh: 8% per annum.