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Loan Scheme Description

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Micro Finance Scheme


In order to cater to the Micro Finance needs of small entrepreneurs belonging to the target group, the Corporation has introduced a scheme for Micro Financing through nominated Channel Partners (State Channelising Agencies/Banks).   It is desirable to disburse loans through Self-Help Groups (SHGs) by Channel Partners under Micro Finance Scheme.

Self-Help Groups (SHGs)

SHGs is a small economically homogenous and affinity group of poor people voluntarily formed to save and mutually agree  to contribute to a common fund to be lent to its members as per group decision.

Channel Partners may also play a vital role through their field officers, encouraging people of the target group in forming Self-Help Groups and get financial assistance under Micro Finance Scheme of NBCFDC.


  • Members of Backward Classes as notified by Central/State Govt. from time to time.
  • Applicant’s annual family income should be upto Rs. 3.00 Lakh.   .
  • In a SHG 60% of members can be from Backward Classes and remaining 40% members may be from other weaker section like SC/Handicapped/Minorities etc.

Salient Features

1.             Maximum loan limit per SHG                                           :               Rs.15.00 Lakh

2.             Maximum loan limit per beneficiary                                :               Rs. 1,25,000/-

3.             Maximum number of persons in one SHG                       :               20


The scheme is to be implemented by Channel Partners in rural and urban areas by way of financing the beneficiaries either directly or through Self-Help Groups (SHGs) preferably in the areas remained uncovered so far under any of such scheme.

Pattern of Financing

1.             NBCFDC Loan                                                                 :               90%

2.             Channel Partner/ Beneficiary contribution                    :               10%

Rate of Interest

1.             From NBCFDC to Channel Partner                                 :               2% p.a.

2.             From Channel Partner to SHG/Beneficiary                    :               5% p.a.


Loan is to be repaid in quarterly instalments within 4 Years (including the moratorium period of six months on the recovery of principal).

                               For more information contact Toll Free No.18001023399


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