Micro Finance Scheme of NMDFC
Under the scheme, an amount of Rs. 1 lakh under credit Line-1 & upto Rs. 1.5 lakh under Credit Line-2 is extended to each member of SHG (belong to Minority communities) at interest rate of 7% & 10% respectively. Concession of 2% is extended to women beneficiaries under Credit Line-2.
- Ministry / Department
- Ministry Of Minority Affairs
- Level
- Central
- Benefit type
- cash
Micro Finance Scheme of NMDFC क्या है?
Under the scheme, an amount of Rs. 1 lakh under credit Line-1 & upto Rs. 1.5 lakh under Credit Line-2 is extended to each member of SHG (belong to Minority communities) at interest rate of 7% & 10% respectively. Concession of 2% is extended to women beneficiaries under Credit Line-2.
- लाभ
- Concessional Credit to the beneficiaries among minority communities.
- स्तर
- Central
- मंत्रालय / विभाग
- Ministry Of Minority Affairs
- लाभ का प्रकार
- cash
- मुख्य पात्रता
- a) The scheme is implemented through Self Help Groups (SHGs) or Thrift and Credit Groups (TCGs) comprising members of minority communities. b) At least 75% of the members of each SHG/TCG must belong to notified minority communities. The remaining up to 25% may belong to weaker sections, including Sc
- अंतिम सत्यापन
- Recently
Benefits
Concessional Credit to the beneficiaries among minority communities.
Eligibility
Documents Required
How to Apply
Step 1: Offline application — step 1
NMDFC implements its schemes & programs through State Channelizing Agencies (SCA list: www.nmdfc.org/SCA ) nominated by the respective State Governments & Banking Partners (Presently through Canara Bank & Punjab Grameen Bank).
Sources & References
- Official scheme website ↗
- Source record ↗
- Information is summarised from official government sources. Verify all details on the official website before applying.
Ready to apply?
Applications are accepted only on the official government portal.
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