Financial Assistance up to Project Cost of Rs. 1,40,000 is provided for small income generating activities.
Unit Cost | Quantum of Assistance | Interest Rate per annum chargeable to | |
SCAs | Beneficiaries | ||
Upto Rs 1,40,000/- | upto Rs 90% of the Project Cost. | 2% | 5% |
Repayment Period: Within 3 1/2 years, in quarterly installments from date of each disbursement including moratorium period.
Moratorium Period: 3 months.
Note: On repayment of loans under Micro-Credit, through the concerned SCAs, the eligible beneficiaries can avail any loan under NSFDC scheme.