Scheme for Refinance To Public Sector Banks/Regional Rural Banks / Other Eligible Institutions Under Credit Guarantee Scheme of Government of India (Credit Guarantee Fund Trust For Micro And Small Enterprises (CGTMSE)
Purpose:
To make available the facility of collateral free loan for self employment and higher education to Persons with Disabilities (PwDs) at NHFDC rate of interest through Public Sector Banks (PSBs), Regional Rural Banks (RRBs) & Other Eligible Institutions under Credit Guarantee Scheme (CGS) of Government of
India.
Eligibility of PSB/RRB/Other institution
- The PSBs/RRBs/Other institutions should be the Member Lending Institution (MLI) of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
- The PSB/RRB/Other institution should have executed an Agreement with NHFDC.
Note:
In case the PSB/RRB/ Other institution is yet to become MLI of CGTMSE but otherwise allowed to become MLI as per the policy of CGTMSE, NHFDC after satisfaction may extend the facility of refinance after getting a written assurance from the PSB/RRB/ Other institution that it will become MLI soon.
Eligibility of Beneficiary
Any disabled person who fulfills the following criteria is eligible to avail financial assistance
For Self Employment purpose
a) Any Indian Citizen with 40% or more disability.
b) Age above 18 years.
For Higher Education purpose
a) Any Indian Citizen with 40% or more disability.
Eligibility of Business Activity
- The business activity for which loan is sought should be eligible under CGS
- In case of education loan, as per policy of NHFDC Education Loan Scheme.
Loan Limit
- For Self Employment activities: Rs 25.00 Lakhs
- For Education Loan the norms/policy of NHFDC at the time of applying of loan shall be applicable.
Rate of Interest Chargeable
Rate of Interest (Self Employment purpose)
| Loan Amount | To be paid by banks to NHFDC | To be paid by benef. to Banks etc |
| Upto Rs. 50,000/- | 2.00% | 5.00% |
| Above Rs. 50,000/- and upto Rs. 5.0 lakh | 3.00% | 6.00% |
| Above Rs. 5.0 lakh- and upto Rs. 15.0 lakh | 4.00% | 7.00% |
| Above Rs. 15.0 lakh | 5.00% | 8.00% |
Rate of Interest for Women with Disabilities (Self Employment purpose)
A special rebate of 1% on interest is given to women with disabilities in all the self-employment schemes of NHFDC under Mahila Samridhi Yojana. All the women beneficiaries are covered under this schemes and the applicable rate of interest for them is as follows:
| Loan Amount | To be paid by banks to NHFDC | To be paid by benef. to Banks etc |
| Upto Rs. 50,000/- | 1.00% | 4.00% |
| Above Rs. 50,000/- and upto Rs. 5.0 lakh | 2.00% | 5.00% |
| Above Rs. 5.0 lakh- and upto Rs. 15.0 lakh | 3.00% | 6.00% |
| Above Rs. 15.0 lakh | 4.00% | 7.00% |
| # A special rebate of 0.5% is also available for PwDs under VH/HH/MR category under self-employment loans. | ||
Rate of Interest (Education Loan)
| Loan Amount | To be paid by banks to NHFDC | To be paid by benef. to Banks etc |
| Upto Rs. 10,00,000/- for Study in India and Upto Rs. 20,00,000/- for Study abroad | 1.00% | 4.00% |
Rate of Interest for Women with Disabilities (Education Loan)
A special rebate of 0.5% on interest is given to women with disabilities in Education Loan Scheme of NHFDC
| Loan Amount | To be paid by banks to NHFDC | To be paid by benef. to Banks etc |
| Upto Rs. 10,00,000/- for Study in India and Upto Rs. 20,00,000/- for Study abroad | 0.50% | 3.50% |
Repayment Period
- For Self Employment activities the repayment period shall be as per appraisal of the individual proposal by PSB/RRB/etc which should be permissible under CGS
- For Education Loan the norms/policy of NHFDC at the time of applying of loan shall be applicable
Security
- For Self Employment activities no security will be taken by NHFDC from the PSB/RRBs/Other eligible institutions for providing refinance under CGS.
- For Education Loan no security will be taken by NHFDC from the PSB/RRBs/Other eligible institutions for providing refinance under CGS. However, the PSBs/RRBs/Other eligible institutions need to follow the norms prescribed under the model scheme of the Indian Bankers Association (IBA) or their own bank norms while extending loan to the beneficiaries.
Refinancing Patterns
NHFDC would provide 100% refinance to the PSBs/RRBs/Other eligible institutions of their share.
Liquidated Damages on Defaulted Payments
Defaults in the repayment of NHFDC dues (principal as well as interest) shall attract liquidated damages @ 2% p.a. over and above the normal rates of interest
Download : Loan for self employment and higher education to Persons with Disabilities (PwDs) at NHFDC (PDF,208Kb)
Download State Agency for NHFDC
- NHFDC – State Channelising Agency(SCAs) – [pdf, 110KB]
- NHFDC -State Channelising Agency ( RRBs, PSBs) – [pdf, 68KB]
- NHFDC -State Channelising Agency ( Public Sector Banks) – [pdf, 52KB]
- NHFDC -State Channelising Agency (others) – [pdf, 28KB]
Contact Details
National Handicapped Finance and Development Corporation
(Department of Empowerment of Persons with Disabilities, Ministry of Social Justice & Empowerment)
Corporate Office:
PHD Chamber of Commerce and Industry, PHD House, 4/2 Siri Institutional Area, August Kranti Marg, New Delhi-110 016.
Phone :
(011)45088636 PS to CMD
(011)45088638
(011)40541355 (Scholarship)
(011)45803730
TeleFax:
(011) – 45088636
Registered Office:
Red Cross Bhawan, Sector-12, Faridabad – 121007
Phone : (0129) 2287512, 2287513, 2226910
TeleFax: (0129) – 2222339,2284371
E-mail : nhfdc97@gmail.com
Hi sir my name is Sydney Valerian fernandes I am 80/% eye disability and need 5 to 6 lasts of loan to oppen my textile shape and I am from Karnataka
Dear sir,
I am rameshkumar 60 percentage disabled person citizens of tamilnadu .I am a married man. I heed for emergency loan. So I want to doing business so I need to our support for the business pls give me a loan this is my flexible request my contact no.8190907980
Thank you
Sir I am 46 yes old visually impaired with 50% .I want 5 lakh loan for new mobile shop opening please help me mo no 9198435997
Sir l am Namdev Rathod from Maharashtra & my right leg Handicap 55% &I am B.sc biology student & I need for emergency loan that’s because reference a letter please give me a loan this is my flexible request & my mobile number is -9022426658
Sir I am soumen Roy my two eyes is disabled kindly loan for me mobile no 6296247230 ind jio
My Name is Karthick from Chennai my disablites 80% . Please Help. Me for loan, my mobile number 9940491096
Hello sir my name is rohini khanna I m physically handicapped 50precent I want a loan for new business can u help me please. My no. 7506734377
Sir I am sukhpal singh i am handicaped 60% i am married.M.A &PGDCA.pass but no job .present work agriculter&horticulter vagitables projet net house runing but soil problem any crop are damage. I am need for loan for new working starting kar sakha. Blong to punjab muktsar …..
Thanks
Mob9878813814
Sir, me Suvadip Ghosh, citizen of kolkata. I am 54% handicap. I am a married man and I have 3 children’s. So, plz grant me a loan for survive me, either my family will be ruin or lost from this world. Plz help me or save me from death of my entire family. God bless you.
Respected sir i am Arunkumar i am handicapped sir 85 percentage bike accident sir plz help me sir form business sir ph num 7893210316
Dear sir I am pramod Khirekar from Mumbai I am handicap in 70% piz help me 8828448900
Hello sir. Iam nandala raghunath with phisically disabled from Hyderabad. Sir please help me loan for self employment thank you sir.
Sir. I m handicap boy.please help me bussiness. Thank TAPAN SUTRADHAR. 9101526105
Hi sir i am swamy hyderabad handicaped percentage (51%) plz help self emplyment bussiness 9550550665
Dear sir I am NITESH KUMAR I have done diploma + betch Civil engineering so I want to doing business so I need to our support for the business plg help me sir small business my mobile no 8572941431
hi sir my name iranna baligar i am disable person 75%.35 years iam bba graduate i dont have money to support from my family side so i need a loan for up to 1lakh so help me out plz 9035048486 my email id irannabaligar@gmail.com
Sir my is mohammed aamir im from hyderabad I handicapped person 65% now I am 23year old . Im mobile technition but no body helping to start businesses I requesting to u pls help me to start mobile business my num 9948888176
Respected Sir, my name is Athira K B from Kottayam I’m 20 year old I have 40% disability for my legs. Now i’m studying degree. My father had a stroke and he can’t work anymore, my mother is a house wife and I have a sister. Now my parents are doing a small business (a small tea shop) there is no much earning from it. If you kindly help me to get an education loan it will be very helpful. Thank you.
ATHIRA K B
9526085883
Dear sir,
This is Dhruba is state that about my problem as visual impair person having 50% and complete 38 age worked in pvt banking due to eye problem bank already eliminate me from that organization as a MA, LLB. So, if you I kindly request to you please suggest me what shall I do. Business or job? Is there any facilities loan for business please reply.
Thanks & regards
Dhruba
8652555407
Sir please answer apply the 5lac loan for bangle shop
Sir lam from Manipur I want takes this loan how can I apply this loan pl help me
Hi sir this is vinod thakur belonging hyderabad handicapped 88percen iwant start my small business in fashion degining ihave nimsme certificate so please help me and issue loan
hello all I am Dilshad Khan [unmarried]24 B.A part -2 70% physically handicapped I want to start my own fruit whole selling businees I want to take loan upto 500000 please help me to take loan
mobail no. 07479450298
Go to nhfdc web portal
I’ve completed MCA through open education system and am 40 years old but still without a job. I have a 40% disability for my legs. No one willing to give me a job as I’d met with an accident. Now, since its a long time after my studies, I’ve forgotten all computer courses done. So, if someone could help me get a job with proper training in that particular field. Or if I could get a loan, I could start my own business and lead a good life. Please let me know how I could avail a loan with details.
Go to nhfdc web site and follow all criteria to get loans or contract through any Accountant to fill the process of nhfdc
Respected Sir, I am 40% visual handicap. I want to start a medical buisness in Kolkata. I need fund for this.
If your organisation help to me, I should thakfull.
Ankur Chakraborty
7003901699
Hello sir. .
I am 60% multiple handicappe.
I have completed my diploma in computer science.
I want to organise a small business. So I want to loan. ..
Sir I’m 70% handicap person I need a your help I’m doing small business thank Trilesh 9972993653
sir am different able women(60%) .I have M.Sc IT., B.Ed., Already i had done online business and data entry jobs. i will like to develop in my career. i need finance for start small computer cafe and also buy materials please guide me
take small loan for business
Leonci A
8754533746
Sir am shiva Kumar from Bangalore I handicapped person 75% i now I am 30year old I have. Computer hardware knowledge but no body helping to start businesses I requesting to u pls help me 9738550856
Respected Sir, My Name is Shamina Peerzada. I have done M.Sc. (Statistics). I am 60% Disability I want to start a small business like Gas Agency or any suitable for disability person. Now I am 46 years old i have no capacity for walking and doing the Job so request you to help me for this age and this problem. So please give me some idea of small business. I am giving you my brother’s mobile no. 09712345681, which he will do all formalities in place of me. Thank you sir….Regards,Shamina Peerzada.
sir am handicap WOMEN (marred) B.A. & COMPUTER TYPING MSCT BUT NO JOB so please sir help me
home lone & business
Thank
ROHINI KOTHEKAR
8237123213