MICRO CREDIT FINANCE SCHEMES(M.C.F.)/M.S.Y./NSKFDC

To meet the small financial need of Safai Karamcharis and Scavengers families identified under National Scheme for Liberation and Rehabilitation of Scavengers, to start small and petty business individually or in a group, the term loan assistance up to 50,000/- is provided by the corporation directly in collaboration with National Safai Karamcharis finance & development corporation (NSKFDC.)

Eligibility

  • 1. Members of Scheduled Caste Family who is bonafide Resident of Himachal Pradesh.
  • 2. Annual family income limit Rs .35000/- p.a .
  • 3. Age Limit : 18 to 35 years.
Means of Finance
  • i. Promoter’s contribution -Nil-
  • ii. NSKFDC loan 40,000/-
  • iii. Capital Subsidy 10,000/-
  • Total: Rs. 50,000/-
Rate of interest 4%
Repayment period Maximum 3 Years.
Income 35000