NBCFDC General Loan Scheme
in Jammu and Kashmir
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NBCFDC General Loan Scheme in Jammu and Kashmir
NBCFDC General Loan Scheme is a government scheme available to eligible residents of Jammu and Kashmir.
Apply for NBCFDC General Loan Scheme in Jammu and Kashmir
Scheme Overview
A general loan scheme by the Ministry of Social Justice for Indian citizens from backward classes for various income-generating activities. Loan up to ₹15 Lakh per beneficiary for pursuing income-generating activities.
Eligibility Criteria
The applicant must be an Entrepreneur
The applicant must be from a Backward Class (OBC).
The Total Annual Family Income of the applicant must be Less than ₹ 3 Lakh per Annum.
Benefits
Loan up to ₹15 Lakh per beneficiary for pursuing income generating activities such as Agriculture and Allied Activities, Small Business/Artisan & Traditional Occupation, Transport Sector & Service Sector, and Technical & Professional Trades/Courses.
The rate of interest would be as follows - Loan up to ₹ 5.00 Lakh: 6% per annum; Loan above ₹5.00 Lakh up to ₹ 10.00 Lakh: 7% per annum; Loan above ₹10.00 Lakh up to ₹ 15.00 Lakh: 8% per annum.
Required Documents
| # | Document |
|---|---|
| 1 | Proof of Identity (Aadhaar card) |
| 2 | Relevant Caste Certificate to be issued by the relevant authority of District Administration. |
| 3 | Passport size Photograph of the applicant |
| 4 | Following certifications to establish the income criteria can be used by the applicant - |
| 5 | Certificate of Income issued by Competent Authority of State Government/Distt. Administration or Antyodaya Anna Yojana(AAY) Card or Below Poverty Line (BPL) Card. |
| 6 | Annual family income certificate may be considered by the SCAs/Banks/SSCs on self-certification of the beneficiaries with the endorsement of the same by any Gazetted Officer notified by State/Central Government. |
| 7 | In case of the loan being applied at the Bank (Channel Partner), Self-Certification assessed and endorsed by the Branch Manager can be used for providing the loan. |
| 8 | For Landless agricultural labor, marginalized farmers (those with up to One-hectare land holding) and small farmers (those with up to Two hectares of land holding), as assessed by the Banks through their standard processes and belonging to the Backward Cl |
| 9 | Domicile Certificate |
How to Apply in Jammu and Kashmir
Eligible persons desirous of obtaining TERM LOAN under NBCFDC scheme should should apply on prescribed form (available with the Channel Partners) to District Office of Channel Partners where he/she normally resides. The applicant should clearly m…
Offline Eligible persons desirous of obtaining TERM LOAN under NBCFDC scheme should should apply on prescribed form (available with the Channel Partners) to District Office of Channel Partners where he/she normally resides. The applicant should clearly mention his/her felt needs and choice of vocation and training requirements, if any, in the application form. For more details, the concerned Channel Partner (State Channelizing Agency/RRB/PSB) can be contacted, or a call can be made on the Toll Free No.18001023399 You can find the address and contact details of the SCA of your state via the link below - https://nbcfdc.gov.in/sca-list/en You can find the details of the Regional Rural Banks (RRBs) or the PSB (Public Sector Banks) of your state via the link below - https://nbcfdc.gov.in/bank/en Source: https://nbcfdc.gov.in/whow-to-apply/en
Eligible persons desirous of obtaining TERM LOAN under NBCFDC scheme can apply online at registration portal on NBCFDC website: https://nbcfdc.gov.in/loanform/en Requests received will be forwarded to concerned Channel Partners (SCAs/Banks) under …
Online — https://nbcfdc.gov.in/loanform/en Eligible persons desirous of obtaining TERM LOAN under NBCFDC scheme can apply online at registration portal on NBCFDC website: https://nbcfdc.gov.in/loanform/en Requests received will be forwarded to concerned Channel Partners (SCAs/Banks) under intimation to the applicant. For more details, the concerned Channel Partner (State Channelizing Agency/RRB/PSB) can be contacted, or a call can be made on the Toll Free No.18001023399 You can find the address and contact details of the SCA of your state via the link below - https://nbcfdc.gov.in/sca-list/en You can find the details of the Regional Rural Banks (RRBs) or the PSB (Public Sector Banks) of your state via the link below - https://nbcfdc.gov.in/bank/en Source: https://nbcfdc.gov.in/whow-to-apply/en
Common questions in Jammu and Kashmir
Who can apply for NBCFDC General Loan Scheme in Jammu and Kashmir?
Eligible residents of Jammu and Kashmir who meet the scheme’s overall criteria can apply for NBCFDC General Loan Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for NBCFDC General Loan Scheme in Jammu and Kashmir?
Applicants in Jammu and Kashmir typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
Under this scheme, the eligible entrepreneur can obtain a loan of max. [?]15,00,000 per beneficiary.