Udyam Nidhi Yojana (UDY)
(i) Unit Cost
NSFDC provides loan under Udyam Nidhi Yojana (UDY) for project(s)/unit(s) costing up to Rs.5.00 Lakh. Under this scheme, loans are provided through Cooperative Societies and Cooperative Banks (Channelizing Agency) to pursue small/micro activities as per the beneficiaries' needs.
(ii) Quantum of Assistance
NSFDC provides loans up to 90% of the Project Cost.
Under the Central-Sector Scheme of Special Central Assistance to the Scheduled Castes Sub Plan, the Below Poverty Line (BPL) beneficiaries are eligible for subsidy @ Rs.10,000/- or 50% of the unit cost, whichever is less. Wherever the beneficiaries are not provided subsidy, the State Channelizing Agencies (SCAs)/Channelizing Agencies (CAs) shall provide their share of Margin Money.
(iv) Interest Rates
The pattern of charging interest under the scheme shall be as under:
NSFDC to CAs Interest spread to CAs CAs to Beneficiaries
4% p.a. Upto 8% p.a Up to 12% p.a
(v) Repayment Period
The loan under the Yojana is to be repaid in quarterly/half-yearly instalments, within a maximum period of 6 years including moratorium period.