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Rate of Interest at a Glance
NATIONAL BACKWARD CLASSES FINANCE AND DEVELOPMENT CORPORATION
(NBCFDC)
NATIONAL BACKWARD CLASSES FINANCE AND DEVELOPMENT CORPORATION
(NBCFDC)
Sl.
No. |
Name
of Scheme |
Max.
loan limit per
Beneficiary |
Pattern
of Finance |
Rate
of Interest |
NBCFDC
Loan |
SCA
Loan |
Benef.
Share |
Bank/
Financial
Inst. Share |
NBCFDC
To
SCA |
SCA
To
Benef. |
|
|
%age
of Project cost |
|
|
1. |
Term
Loan |
Rs.10,00,000 |
85% |
10% |
05% |
-- |
3%p.a.
(upto 5.0 Lakh)
5%p.a.(Above
5.0 Lakh) |
6%p.a.(upto
(5.0 Lakh)
8%p.a.(Above
5.0Lakh) |
(a) |
New
Akanksha - Education Loan
|
Study
in India : Rs. 10 Lakh
Study Abroad
: Rs. 20 Lakh |
90% |
05% |
05% |
-- |
1.5% p.a. |
4%
p.a.
(Rate of interest
3.5% p.a. for girl students) |
(b) |
New
Swarnima ¨C for women |
Rs.1,00,000 |
95% |
05% |
-- |
-- |
2%
p.a. |
5%
p.a. |
(c) |
Shilp Sampada |
Rs.10,00,000 |
85% |
10% |
05% |
-- |
3%p.a.
(upto 5.0 Lakh)
5%p.a.(Above
5.0 Lakh) |
6%p.a.(upto
(5.0 Lakh)
8%p.a.(Above
5.0Lakh) |
(d) |
Saksham |
Rs.10,00,000 |
85% |
10% |
05% |
-- |
3%p.a.
(upto 5.0 Lakh)
5%p.a.(Above
5.0 Lakh) |
6%p.a.(upto
(5.0 Lakh)
8%p.a.(Above
5.0Lakh) |
2. |
Margin Money
Loan |
Rs.10,00,000 |
40% |
05% |
05% |
50% |
3%p.a.
(upto 5.0 Lakh)
5%p.a.(Above
5.0 Lakh) |
6%p.a.(upto
(5.0 Lakh)
8%p.a.(above
5.0 Lakh) |
|
|
|
|
|
|
|
|
SCA
to Beneficiary
NGOs/SHGs |
3.
(a) |
Micro
Finance Scheme
Micro Finance
|
Rs.25,000 |
90% |
05% |
05% |
-- |
2% p.a. |
5% p.a. |
(b) |
Mahila Samriddhi
¨C
for women |
Rs.25,000 |
95% |
05% |
-- |
-- |
1%
p.a. |
4%
p.a. |
(c) |
Krishi
Sampada
|
Rs.25,000 |
95% |
05% |
-- |
-- |
1%
p.a. |
4%
p.a. |
Utilization of Loan & Interest Rates for unutilised funds : The SCAs are to required utilize the funds drawn from NBCFDC within 90 days of its release.
Slab-wise rate of interest :-
Utilization Rate of Interest
(Days) (p.a.)
1 - 90 days 3%
91 - 180 days 6%
* Above 180 days 8%
* The SCAs are required to refund the unutilized funds incase the funds are not utilized within 180 days of release.
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