NBCFDC - GLS
NBCFDC General Loan Scheme
The NBCFDC General Loan Scheme, administered by the Ministry of Social Justice and Empowerment, provides financial assistance to individuals from backward classes for various income-generating activities. Eligible applicants can secure loans up to ₹15 Lakh, provided their total annual family income is less than ₹3 Lakh.
States / UT: All India
Ministry / nodal: Ministry Of Social Justice and Empowerment
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): No
Categories: Banking,Financial Services and Insurance, Social welfare & Empowerment
Sub-categories: Loan, Citizen empowerment, Financial assistance
Target beneficiaries: Individual
Tags: Loan, Empowerment, Backward Class, OBC, Entrepreneur
Details
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 such as Agriculture and Allied Activities, Small Business/Artisan & Traditional Occupation, Transport Sector & Service Sector, and Technical & Professional Trades/Courses.
Benefits
- [ [ { "children": [ { "text": "Loan up to ₹15Lakh 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." } ] }
- { "children": [ { "text": "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." } ] } ] ]
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.
Eligibility
- 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.
Application Process
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
Online
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
Documents Required
No document list is available for this scheme yet.
Definitions
- backward class
Official links
References
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Documents Required for Government Schemes
Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:
- Aadhaar Card
- Income Certificate
- Caste Certificate (if applicable)
- Residence Proof
- Bank Account Details
- Educational Certificates (for student schemes)
How to Apply for Government Schemes?
The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:
- Check eligibility criteria
- Collect required documents
- Fill the application form
- Submit the application online or at the relevant office
- Track application status