Purpose –
Purpose of the scheme is to provide loan to parents associations of mentally retarded persons to set up an income generating activity for the benefit of the 
mentally retarded persons. The nature of income generating activity will be such that it involves the mentally retarded persons directly and income will be distributed among the mentally retarded persons. The income generating activity will be managed by the parents association, which is expected to render its services voluntarily.
Eligibility –
a) The parents association should be registered for at least 3 years.
b) It should have a minimum membership of 05 parents.
c) It should not be a financial defaulter of central government, state government, any financial institution in the public sector, banks etc.
Quantum of Loan –
Quantum of loan to each Parents Association is limited to Rs. 5.00 lakh. The share of the Parents Association will be 5% of the project cost. The loan will be used by the Parents Association to implement a single or multiple activity project in which the maximum possible participation of the beneficiaries may be ensured.
Rate of Interest –
The interest on the loan amount will be charged as per following table-
i) Upto Rs. 50,000/- – 5% p.a.
ii) Above Rs. 50,000/- and upto Rs. 5.0 lakh. – 6% p.a. Rebate A rebate of 1% p.a. on interest for disabled woman.
Repayment Period – The loan amount including interest will be repaid within 10 years in equal quarterly installments.
Procedure for Obtaining Loan –
| The loan application under the scheme will be submitted to National Handicapped Finance and Development Corporation directly by the Parents Association. |