Objective -
1) The Corporation is a channelizing agency of NSFDC scheme and giving loan from 1992-93 onwards and is extending loan facilities to the members of Scheduled Caste in U.T., of Chandigarh.
Beneficiary catalog -
Scheduled Caste
Eligibility -
1) Applicant should be resident of Chandigarh for last 2 years.
2) He/she should belongs to Scheduled Caste Category notified under Chandigarh Administration.
3) His/ Her annual family income should not exceed Rs. 3 lacs per annum for both Urban and Rural Area.
4) Subsidy @ Rs 10,000/- or 25% of Loan amount whichever is less is provided to the applicant having annual income below poverty line.
5) There is no bar on qualification.
6) 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) 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 -