NMDFC Schemes


 

1 Self Employment Loan - 1
  • Maximum loan amount - Rs. 20 lakhs
  • Interest rate- 6%
  • Repayment period - 60 months
  • Age limit - 18 – 55
  • Annual income - Below Rs. 98,000 in rural areas and Rs. 1,20,000 in urban areas
2 Self Employment Loan - 2
  • Maximum loan amount - Rs. 30 lakhs
  • Interest rate
    • Male - 8%
    • Female - 6%
  • Repayment period - 60 months
  • Age limit - 18 – 55
  • Annual income - Below Rs. 8,00,000
3 Education Loan - 1
  • Maximum loan amount
    • To Study In India - Rs. 15 lakhs @ Rs.3,00,000 per annum.
    • To Study Abroad - Rs. 20 lakhs @ Rs.4,00,000 per annum.
  • Interest rate - 3%
  • Repayment period - 60 months
  • Age limit - 16 – 32
  • Annual income - Below Rs. 98,000 in rural areas and Rs. 1,20,000 in urban areas
4 Education Loan - 2
  • Maximum loan amount
    • To Study In India - Rs. 20 lakhs @ Rs.4,00,000 per annum.
    • To Study Abroad - Rs. 30 lakhs @ Rs.6,00,000 per annum.
  • Interest rate
    • Male - 8%
    • Female - 5%
  • Repayment period - 60 months
  • Age limit - 16 – 32
  • Annual income - Below Rs. 8,00,000
5 Micro-Credit Schemes (Through CDS / NGO)
  • The Maximum Amount (CDS / NGO) : Rs. 50,00,000/-
  • Rate of Interest to CDS / NGOs : 3%
  • Rate of Interest to the Beneficiary of SHG : 5%
  • Repayment period - 36 months