Loan Under NBCFDC Scheme

ssf-map    26-Jul-2021
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Objective -
 
1) The Corporation is a channelizing agency of NBCFDC scheme and is extending loan facilities to the members of Backward Community in U.T., of Chandigarh.
 
Beneficiary catalog -
 
Scheduled Caste
 
Eligibility -
 
1) Applicant should be resident of Chandigarh from the last 2 years.
 
2) He/she should belongs to Backward Community.
 
3) Annual family income should not exceed Rs. 3 lac for both Urban/Rural Area.
 
4) Age between 18-55 Years.
 
Feature -
 
1) Loan is provided on 4% to 6% rate of interest per annum recoverable in 36-54 monthly installments.
 
2) The eligibility critrria is that applicant, annual family income should be below double poverty line i.e., Rs. 98,000/- in Rural Area and Rs. 1,20,000/- in Urban Area.
 
3) Loan upto Rs. 25,000/- provided to Females @ 4% and for Male @ 5 % and loan above Rs. 25,000/- is provided @ 6 %.
 
For More Information -