| Interest Rate | ||
| Maximum Limit | Interest Chargeable from | |
| SCA | Beneficiary | |
| Upto Rs.10.00 Lac per group of 10 members and Rs.1,00,000/- per beneficiary / unit | 2% p.a. | 5% p.a. |
- 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.1,00,000/- per beneficiaries for small and petty trade/business and sundry income generating activities.For a group of 10 Persons, Rs.10.00 lac is the maximum project cost limit ,restricted to Rs.1,00,000/- per beneficiary.
- Loan component from NSKFDC can be provided up to maximum of 90% of the unit cost and the remaining 10% is to be provided by the State Channelising Agencies in the form of loan, subsidy or from any other available sources of funds.
Repayment period: 3 years after implementation period of 4 months and moratorium period of 6 months.
