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.