NBCFDC General Loan Scheme
State: Central
Ministry: Ministry Of Social Justice and Empowerment
Department: null
Category: Banking,Financial Services and Insurance, Social welfare & Empowerment
Beneficiary Type: Individual

A general loan scheme by the Ministry of Social Justice for Indian citizens from backward classes for various income-generating activities. Loan up to ₹15 Lakh per beneficiary for pursuing income-generating activities.

Benefits:
1. Loan assistance of up to ₹15,00,000/- for income-generating activities such as agriculture and allied activities, small business, artisan and traditional occupations, transport sector, service sector, and technical/professional trades or courses.
1. NBCFDC finances 85% of the project cost, while 15% is contributed by the Channel Partner and/or beneficiary.
1. Concessional interest rates ranging from 6% to 8% per annum, depending on the loan amount.
1. Repayment in quarterly instalments over a maximum period of 8 years, including a 6-month moratorium on recovery of the principal amount.

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Eligibility:
1. The applicant must be an Entrepreneur
1. The applicant should be a member of the Backwards Classes, as notified by the Central Government or the State Government from time to time.
1. The applicant&#39;s annual family income should be up to ₹3,00,000/-.

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Application Process:
[Offline]
Obtain the prescribed application form from the District Office of the concerned Channel Partner. Channel Partners may include State Channelising Agencies (SCAs), Regional Rural Banks (RRBs), or Public Sector Banks (PSBs).
Fill in the application form with all required details.
Clearly mention the proposed income-generating activity, vocational choice, and training requirements (if any) in the application form.
Submit the completed application form to the District Office of the concerned Channel Partner in the area where the applicant normally resides.
The application will be processed by the concerned Channel Partner as per NBCFDC guidelines.
For further assistance, applicants may contact the concerned State Channelizing Agency, Regional Rural Bank, or Public Sector Bank.
Applicants may also obtain information by calling the NBCFDC Toll-Free Number: 1800 102 3399.

[Online]
Step 1: Visit the official website of NBCFDC to register and access the Term Loan application form.
Step 2: Complete the online application form with the required details.
Step 3: Submit the application through the NBCFDC registration portal.
Step 4: Upon submission, the request is forwarded by NBCFDC to the concerned Channel Partner, such as a State Channelizing Agency (SCA), Regional Rural Bank (RRB), or Public Sector Bank (PSB).
Step 5: The applicant is informed about the forwarding of the application to the concerned Channel Partner.
Step 6: For further assistance, the applicant may contact the concerned State Channelizing Agency, Regional Rural Bank, or Public Sector Bank.
Applicants may also contact NBCFDC through its Toll-Free Number: 1800 102 3399.

Documents Required:
Proof of Identity (Aadhaar card)
Relevant Caste Certificate to be issued by the relevant authority of District Administration.
Passport size Photograph of the applicant
Following certifications to establish the income criteria can be used by the applicant - 
Certificate of Income issued by Competent Authority of State Government/Distt. Administration or Antyodaya Anna Yojana(AAY) Card or Below Poverty Line (BPL) Card.
Annual family income certificate may be considered by the SCAs/Banks/SSCs on self-certification of the beneficiaries with the endorsement of the same by any Gazetted Officer notified by State/Central Government.
In case of the loan being applied at the Bank (Channel Partner), Self-Certification assessed and endorsed by the Branch Manager can be used for providing the loan.
For Landless agricultural labor, marginalized farmers (those with up to One-hectare land holding) and small farmers (those with up to Two hectares of land holding), as assessed by the Banks through their standard processes and belonging to the Backward Classes will be automatically treated as part of the target group as per following considerations:-
Domicile Certificate
* Landless Agricultural Labour and Marginalized Farmers with land holding less than One hectare will be deemed as having annual family income below ₹ 1.50 Lakh per annum.
* Small farmers i.e. those with land holding between One and Two hectares will be deemed as having annual family income below ₹ 3.00 Lakh per annum.