NSFDC provides loan under Udyam Nidhi Yojana (UNY) for project(s)/unit(s) costing up to Rs.5.00 lakhs. Under this scheme, loans are provided through Cooperative Societies and Cooperative Banks (Channelizing Agency) to pursue small/micro activities as per the beneficiaries’ needs.
Maximum Loan Limit: NSFDC provides loans up to 90% of the Project Cost i.e. up to Rs. 4.50 lakhs.
Rate of Interest: The NSFDC shall charge interest @ 5 % from Cooperative Societies and Cooperative Banks, which in turn, shall charge 13% from the Beneficiaries. Repayment Period: The loan under the Yojana is to be repaid in quarterly/half-yearly instalments, within a maximum period of 5 years including 3 months moratorium period.
Government of India
