Micro Credit Finance scheme (MCF) | Loans to individuals belonging to Below poverty line for business or self employement
Operated by
Ministry of Social Justice and Empowerment - Scheduled Caste (SC) Welfare - National Scheduled Caste (SC) Finance and Development Corporation, Central Govt
Purpose
Loans to individuals belonging to Scheduled Caste (SC) and Below poverty line for projects or unit costs under the credit based schemes
Probable duration
-
Eligibility
- The beneficiary should be from the Scheduled Caste (SC) Community.
- Annual family income of the beneficiary(ies) should not exceed Double the Poverty Line (DPL) income limit (presently 98,000/- per annum for rural areas and ` 1,20,000/- per annum for urban areas).
- Unit cost of the project should be upto Rs.50,000/-
Benefit Description
To financially support individuals belonging to Scheduled Caste (SC) and below poverty for projects and units by providing loans
Application process
Not Known
Other Details
Conditions if Any
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More Information