Loan Based Schemes For Safai Karamchari - Sanitary Marts Scheme

Loan Based Schemes For Safai Karamchari - Sanitary Marts Scheme क्या है?

A contributory Loan scheme by Ministry of Social justice and Empowerment for individual beneficiaries/self help groups of Liberated Safai Karamchari, Manual Scavengers and their dependants aged 18 years and above, for setting up A Sanitary Marts (SM) is a one-stop-shop for all things for sanitation

लाभ

Loan Loan of Upto 90% of total cost for starting a Sanitary Mart with a maximum of Rs.15.00 lacs Interest rate Interest payable by the beneficiaries shall not exceed 4% p.a. (1% p.a. rebate for women beneficiaries and 0.50% rebate for timely repayments.) Promoter Contribution 10% of the total cost of a Sanitary Mart will be brought in by the beneficiaries Repayment Period Term loans drawn from NSKFDC will be required to be repaid upto 10 years in quarterly installments. Moratorium Period A moratorium period of 6 months in addition to implementation period of 4 months will be allowed.

स्तर

Central

मंत्रालय / विभाग

Ministry Of Social Justice and Empowerment

लाभ का प्रकार

cash

मुख्य पात्रता

The following person(s)/entities shall be considered eligible for availing of financial assistance under the various schemes of NSKFDC:- • Safai Karamcharis (including Wastepickers), identified Manual Scavengers and their dependents. 1. Registered co-operative societies of the target group. 1. Legal

अंतिम सत्यापन

Recently

Benefits

Loan Loan of Upto 90% of total cost for starting a Sanitary Mart with a maximum of Rs.15.00 lacs Interest rate Interest payable by the beneficiaries shall not exceed 4% p.a. (1% p.a. rebate for women beneficiaries and 0.50% rebate for timely repayments.) Promoter Contribution 10% of the total cost of a Sanitary Mart will be brought in by the beneficiaries Repayment Period Term loans drawn from NSKFDC will be required to be repaid upto 10 years in quarterly installments. Moratorium Period A moratorium period of 6 months in addition to implementation period of 4 months will be allowed.

Eligibility

Documents Required

How to Apply

1. Step 1: Online application — step 1

   Loan applications are submitted by the applicants to the district offices of SCAs of NSKFDC of RRBs and Nationalised Banks. These applications are then sent to the head offices where the project proposal is appraised by SCA/RRBs/Nationalised Banks and the projects are sent back to NSKFDC along with recommendations. The Project Appraisal Committee of NSKFDC then appraises the proposals and after finding them in order places it in front of their board of directors for their approval. Once the board of directors approves the project, the letter of sanction is issued by SCAs/ RRBs/Nationalised Banks. Once all the terms and conditions have been accepted, the necessary documents and funds are then released to the concerned beneficiaries. NSKFDC released the funds with the receipt of demand being made from the SCAs/ RRBs/Nationalised Banks after taking into consideration all the parameters of release as per the Lending Policies & Guidelines (LPG) of NSKFDC

2. Step 2: Offline application — step 1

   Interested eligible person shall contact nearest Channeling Agency

3. Step 3: Offline application — step 2

   (https://nskfdc.nic.in/en/content/home/list-channelizing-agencies)

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.