NATIONAL HANDICAPPED FINANCE AND DEVELOPMENT CORPORATION (NHFDC)
FINANCING PERSONS WITH DISABILITIES (PwDs) BENEFICIARIES
1.
ELIGIBILITY
Any Indian Citizen with 40% or more disability.
Age above 18 years.
The borrowers already covered under any other scheme of financing sponsored by Central or State Government or financing institutions and having outstanding loans against their names shall not be eligible.
2.
PURPOSE
Any business activity for which loan is sought should be technically and financially viable as per the norms of the Bank
3.
EXTENT OF LIMIT/ LOAN
Maximum upto Rs. 4.50 Lakh
4.
MARGIN
Maximum 10%
5.
SECURITY
Primary – Hypothecation of assets created out of Bank loan.
Collateral – Nil
Coverage under CGTMSE is applicable.
6.
RATE OF INTEREST*
Starting from 4.00% p.a.
*Subject to change from time to time
For more information or any query related to the scheme, kindly visit your nearest PGB branch.