Loan to SHGs for development of minority community

Operated by

Ministry of Minority affairs, Central Government

Purpose

To provide loan to self help groups from minorities

Probable duration

2016

 Only those Self-Help Groups (SHGs) who work for development of minority community.

Micro financing scheme - Financial assistance in the form of loan to SHGs for development of minority community

Conditions if Any

Rate of Interest for SHGs by NGOs - 10% p.a. (Margin for NGO 5%) for male beneficiaries.8% p.a. (Margin for NGO 5%) for women beneficiaries.
Rate of Interest for SHGs by SCAs - 10% p.a. (Margin for SCA 6 %) for male beneficiaries8 % p.a (Margin for SCAs 4 %) for women beneficiaries.

More Information

Annexure Link: -
Link:

http://www.nmdfc.org/Index1.aspx?lid=44&lsid=71&pid=52&lev=3&langid=1

File: -

schemopedia