1. Term Loan scheme:
· Cumulative funds disbursed up to September : Rs. 77 crore;
· Total number of beneficiaries : 8,053.
2. Micro Financing:
· Cumulative funds disbursed up to September : Rs. 54.25 crore
· Total number of beneficiaries : 24,110.
NMDFC provides Term Loans to individuals through its State Channelising
Agencies (SCAs), which are nominated by the respective State /UT
Governments. Term loan up to Rs. 5.0 Lakh is available at an interest
rate of 6% p.a.
NMDFC also provides Micro Credit to the poorest of poor among the
Minorities, organised into Self Help Groups (SHGs) through SCAs and also
through established NGOs. An amount of Rs.25, 000 per SHG is available
at an interest rate of 5% p.a.
NMDFC also extends Educational Loan up to maximum of Rs.2.5 Lakhs to
individuals through its SCAs for pursuing technical and professional
courses. The Educational Loan is available at an interest rate of 3%
p.a. NMDFC also runs promotional schemes like Vocational Training,
Marketing Support and Mahila Samridhi Yojana for the benefit of its
target groups through the SCAs as well as NGOs.