Govt Schemes and Programs

Name of Scheme

General Term Loan

Type of Scheme

Loan

Sector

Finance

Name of Ministry

Ministry of Social Justice and Empowerment

About the Scheme

Under this scheme, term loans are extended through State Channelising Agencies (SCA), Regional Rural Banks(RRBs) and Nationalised Banks to the target group. Under this scheme assistance is provided for any viable income generating schemes including sanitation related activities with a maximum project cost of Rs.15.00 lac. Promoter’s contribution is not insisted upon for projects costing upto Rs.2.00 lac. For projects costing more than Rs.2.00 lac , minimum promoter’s contribution insisted by NSKFDC from the beneficiaries is 5% and 5%is to be provided by SCA. General Term loan can be provided up to maximum of 90% of the unit cost and the remaining 10% share is to be provided by the State Channelising Agencies in the form of loan, subsidy or promoter’s contribution, or from any other available sources of funds(NSKFDC, n.d.)

Benefits Under the Scheme

Loan upto 15 lakhs

Eligibility Criteria

Interest rate for state channelising agency is 3% per annum and for beneficiary is 6% per annum.

Concerned Agency Institutions

National Safai Karamcharis Finance and Development Corporation (NSKFDC)

Name Of Person

Gyanendra Kumar Dwivedi

Designation

Director

Address

B-2, Ground Floor & First Floor, Greater Kailash Enclave Part-II New Delhi-110048

Email

nskfdc-msje@nic.in

Phone

011-23385491 (Off.), 011-29216330 & 011-29221331

Fax

011-29222708

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