(i) | Term Loan | i) General Loan Scheme ii) New Swarnima Scheme for Women iii) Education Loan Scheme |
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(ii) | Micro Finance | iv) Micro Finance Scheme (For mixed SHGs) v) Mahila Samriddhi Yojana (For exclusive women SHGs) vi) Small Loan for individual vii) NBFC-MFI Loan |
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S. No. | Name of Scheme | Max. Loan Limit Per Beneficiary | Pattern of Finance # | Rate of Interest Per Annum ## | Repayment Period (including moratorium period of six months) | ||
1 | Term Loan | NBCFDC | SCA/Benef. | SCAs/Bank | benef. | 8 Years | |
(a) | General Loan Scheme | Rs.15.00 Lakh | 85% | 15% | Upto Rs.5 Lakh | ||
3% | 6% | ||||||
Above Rs.5 Lakh upto Rs.10.00 Lakh | |||||||
4% | 7% | ||||||
Above Rs.10.00 Lakh upto Rs.15.00 Lakh | |||||||
5% | 8% | ||||||
(b) | Education Loan ^ (i) In India |
Rs.15.00 Lakh | 90% | 10% | 1% | 4%* | Max. 15 Years |
ii) Abroad | Rs.20.00 Lakh | 85% | 15% | 1% | 4%* | ||
(c) | New Swarnima Scheme | Rs.2.00 Lakh | 95% | 5% | 2% | 5% | 8 Years |
2 | Micro Finance | ||||||
(a) | Micro Finance Scheme | Rs.1.25 Lakh** | 90% | 10% | 2% | 5% | 4 Years |
(b) | Mahila Samriddhi Yojana for women | Rs.1.25 Lakh** | 95% | 5% | 1% | 4% | 4 Years |
(c) | Small Loan for individual | Rs.1.25 Lakh | 85% | 15% | 3% | 6% | 4 Years |
(d) | NBFC-MFI Loan | Rs.1.25 Lakh** | 90% | 10% | 4% | 12% | 4 Years |
# | In case of Banks, NBCFDC loan will be available upto 100%, however, disbursement will be made as per their specific demand. | ||||||
## | For persons of target group with disabilities (40% or more) a special concession of 0.25% on rate of interest is provided | ||||||
^ | Applicants must have got admission in duly accredited/recognized institute and scored minimum 50% marks in qualifying examination. Moratorium period is of 5 years for Education Loan. | ||||||
* | Rate of interest 3.5% p.a. for girl student. | ||||||
** | Subject to maximum of Rs.15.00 Lakh per group. | ||||||
a. | Advance funds. The advance funds should be utilized within 120 days and utilization certificate must be submitted accordingly. | ||||||
b. | Refinance: The amount of refinance should be appropriated in the beneficiaries Aadhar linked loan account within 10 working days of drawl from NBCFDC as per Rate of Interest of NBCFDC scheme. | ||||||
. | Banks may claim refinance of outstanding balance under Education Loan irrespective of year of loan disbursement. | ||||||
. | For other schemes refinance can be claimed for the loan disbursed during current financial year only. | ||||||
Slab-wise rate of interest: - | Utilization (No. of days) | Rate of Interest (p.a.) | |||||
1-120 days | 3% | ||||||
121-180 days | 6% | ||||||
The Channel Partners are required to refund the un-utilized funds in case the advance funds are not utilized within 180 days of release and will be charged interest @ 8% p.a. from 180 days up to date of refund. |
Pattern of Finance
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