New Swarnima for Women
Objectives

Inculcating the spirit of self-dependence among the women of Backward Classes under Term Loan.

Eligibility

The women belonging to Backward Classes as notified by the Central/ State Governments from time to time shall be eligible for loan under this scheme.
Applicant’s annual family income should be upto Rs. 3.00 Lakh.  
Salient Features

The target group of the “New Swarnima” scheme of NBCFDC is the women belonging to Backward Classes having annual family income upto Rs.3.00 Lakh.
The beneficiary women is not required to invest any amount of her own on the projects upto cost of Rs.2,00,000/-.
The rate of interest on the amount of loan is less as compared to the general loan scheme of the Corporation.
         Maximum Loan Amount     :   Rs. 2.00 Lakh (per beneficiary)

Pattern of Financing

NBCFDC Loan                   :     95% 
Channel Partner Contribution      :      05%
Rate of Interest

From NBCFDC to Channel Partner     :     2% p.a.
From Channel Partner to beneficiary      :     5% p.a.
Repayment

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

                              For more information contact Toll Free No.18001023399