NSKFDC – Punjab Gramin Bank

1.	ELIGIBILITY	The following person(s)/ entities shall be considered eligible for availing financial assistance under the various schemes of NSKFDC: Safai Karamcharis (including Wastepickers), identified Manual Scavengers and their dependents. Registered co-operative societies of Safai Karamcharis. Legally constituted association/ firm promoted by the target group and Persons, who produce a certificate from local Revenue Officer/local Municipal Officer/Cantonment Executive Officer/ Railway Officer, Head of the Govt. Departments (i.e. Schools, Colleges, Forest, Health, Education, Animal Husbandry) having rank not less than Gazetted Officer, Elected Members of Municipal Body, Pradhan of Gram Panchayats and Regional Managers of Regional Rural Banks (RRBs)/Public Sector Banks (PSBs). Target Group – Safai Karamcharis (including Wastepickers), Manual Scavengers and their dependents constitute the target group.
2.	PURPOSE	For small and petty trade/ business and sundry income generating activities.
3.	EXTENT OF LIMIT/ LOAN	Maximum upto Rs. 6.75 Lakh
4.	MARGIN	Minimum 10%
5.	SECURITY	Primary – Hypothecation of assets created out of Bank loan. Collateral – NIL Coverage under CGTMSE also available.
6.	RATE OF INTEREST*	Starting from 6% 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.*