NBCFDC General Loan Scheme

Under this scheme, the eligible entrepreneur can obtain a loan of max. [?]15,00,000 per beneficiary.

The rate of interest would be as follows -
Loan up to [?] 5.00 Lakh: 6% per annum
Loan above [?]5.00 Lakh up to [?] 10.00 Lakh: 7% per annum
Loan above [?]10.00 Lakh up to [?] 15.00 Lakh: 8% per annum

Loan is to be repaid in quarterly instalments with maximum 8 years (including the moratorium period of six months on the recovery of principal).

The loan will be provided up to 85% and balance 15% provided by the State Channelizing Agencies (SCAs) or Beneficiary contribution. The utilization period is 4 months from the date of disbursement of the loan.

Yes, the scheme is open for income generating activities. Women entrepreneurs are therefore eligible to apply.

NBCFDC supports the economically weaker section in developing self-employment ventures only under the following sectors:
Agriculture and Allied Activities.
Small Business.
Artisan and Traditional Occupation.
Technical and Professional Trades/Courses.
Transport and Service Sector.

Yes, the Toll Free Number is 18001023399.

Ans. NBCFDC grants financial assistance through State Channelising Agencies (SCAs). Also, they provide funding through SCAs/ Self Help Groups (SHGs).

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