Micro Credit Finance (MCF)

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  • Under the Scheme loans are provided  through State Channelizing Agencies (SCAs), Regional Rural Banks (RRBs) and  Nationalized Banks to the target group.
  •  Loan under this scheme  is provided to Safai Karamchari and Scavenger and their dependants  for projects  with a maximum cost upto Rs.50,000/- per beneficiaries for small and petty trade/business and sundry income generating activities.For  a group of 10 Persons, Rs.5.00 lac is the maximum project cost limit ,restricted to Rs.50,000/- per beneficiary.
Interest Rate:
Maximum Limit Interest Chargeable from
  SCA Beneficiary
Upto Rs.5.00 Lac per group of 10 members and Rs.50,000/- per beneficiary / unit 2% p.a. 5% p.a.
  • Promoter’s contribution is not insisted upon from the beneficiaries under MCF Scheme.
  • Loan component from NSKFDC can be provided up to maximum of 90% of the unit cost and the remaining 10% is to be provided by the State Channelising Agencies in the form of loan, subsidy or from any other available sources of funds.


Repayment period:  3 years after implementation period of 3 months and  moratorium period of 6 months.