Udyam Nidhi Yojana

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. 
(iii)    Subsidy
    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.