National Scheduled Caste Finance and Development Corporation (NSFDC)
 
 

Project assistance up to Rs.5 Lacs per beneficiary is given.
 

30% of the Project cost subject to a maximum of Rs.25,000/- is given as subsidy.
 

Balance up to 90% is given as term loan from NSFDC.
 

Assistance is given for any viable income generating activity to Scheduled Caste and beneficiaries.
 

Margin Money assistance - 20% of the Project Cost (or) Max. Rs.1.25  Lacs

      Promoter’s Contribution:

 

For Project costing up to Rs.1.00 Lacs-  Nil
 

For Project costing above Rs.1.00 Lacs and up to Rs.2.50 Lacs- 2% of Project cost.
 

For Project costing above Rs.2.50 Lacs and Rs.5.00 Lacs - 3% of Project cost.
 

For Project costing above Rs. 5.00 Lacs - 5% of Project cost

          Interest:

 

Up to Rs.5.00 Lacs           -          6.5% per annum.
 

Above Rs.5.00 Lacs         -          8.5% per annum.
 

Term loan is to be repaid in Quarterly within a maximum period of 10 years.