Loan provided to Individual from minority for any commercially viable and technically feasible venture

Operated by
Ministry of Minority affairs, Central Govt.
Purpose 
To support beneficiaries for any commercially viable and technically feasible venture
Probable duration
2016

Eligibility

  •  Projects cost should be up to Rs.20.00 lakh.

  •  Assistance under Term Loan Scheme is available for any commercially viable and technically feasible venture, which for the purpose of convenience, are classified into the following sectors:

  •  Agriculture and allied

  •  Technical trades

  •  Small business

  •  Artisan and traditional occupations, and

  •  Transport and services sector

Benefit Description

Term loan scheme - Financial assistance in the form of loan provided to Individual from minority community for any commercially viable and technically feasible venture

Application process

Through state wise Channelising Agency (SCAs)

Other Details

Conditions if Any
Beneficiary has to contribute minimum of 5% of the project cost
More Information
Annexure Link: -
Link: 
http://www.nmdfc.org/Index1.aspx?lid=43&lsid=70&pid=52&lev=3&langid=0

File: -