Loan to NGOs for development of minority community
Operated by
Ministry of Minority affairs, Central Government
Purpose
To provide loan to NGOs for development of minority community
Probable duration
2016
Eligibility
- Only those NGOs who work for development of minority community.
Benefit Description
Micro financing scheme - Financial assistance in the form of loan to NGOs for development of minority community
Application process
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Other Details
Conditions if Any
- Rate of Interest for NGOs by SCAs - 5% p.a. (Margin for SCA 1 %) for male beneficiaries3% p.a (Margin for SCA 1%) for women beneficiaries
- Rate of Interest for NGOs by NMDFC directly - 4 % p.a. (Margin for NGO 6% p.a.) for male beneficiaries2% p.a (Margin for NGO 6% p.a) for women beneficiaries.
More Information
Annexure Link:
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Link:
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Link:
http://www.nmdfc.org/Index1.aspx?lid=43&lsid=70&pid=52&lev=3&langid=1
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