Micro Credit Finance
Loan
Finance
Ministry of Social Justice and Empowerment
Under the Scheme loans are provided through State Channelizing Agencies (SCAs), Regional Rural Banks (RRBs) and Nationalized Banks to the target group. Loan under this scheme is provided to Safai Karamchari and Scavenger and their dependants for projects with a maximum cost upto Rs.50,000/- per beneficiaries for small and petty trade/business and sundry income generating activities.For a group of 10 Persons, Rs.5.00 lac is the maximum project cost limit ,restricted to Rs.50,000/- per beneficiary(NSKFDC, n.d.)
The loan is provided upto Rs.5.00 Lac per group of 10 members and Rs.50,000/- per beneficiary / unit
Interest rate for state channelising agency is 2% per annum and for beneficiary is 5% per annum. Repayment period: 3 years after implementation period of 3 months and moratorium period of 6 months..
National Safai Karamcharis Finance and Development Corporation (NSKFDC)
Gyanendra Kumar Dwivedi
Director
B-2, Ground Floor & First Floor, Greater Kailash Enclave Part-II New Delhi-110048
nskfdc-msje@nic.in
011-23385491 (Off.) 011-29216330 & 011-29221335
011-29222712