Sarkari Yojana
NBCFDC General Loan Scheme
About NBCFDC General Loan Scheme
The National Backward Classes Finance and Development Corporation (NBCFDC), under the Ministry of Social Justice and Empowerment, runs the “General Loan” scheme to fund income-generating activities — agriculture and allied work, small business, artisan and traditional occupations, transport, services, and technical/professional trades or courses — for eligible members of Backward Classes. NBCFDC implements the scheme through its Channel Partners, financing up to 85% of project cost while the Channel Partner and/or beneficiary contribute the remaining 15%. Interest rates vary with the loan amount, and repayment runs in quarterly instalments over a maximum of 8 years, including a 6-month moratorium on principal recovery.
Scheme Overview
Central Government
Ministry Of Social Justice and Empowerment
Individual
Scheme Details
Eligibility Requirements
To qualify for NBCFDC General Loan Scheme, applicants must satisfy the following conditions:
The applicant must be an entrepreneur
The applicant must be an entrepreneur
The applicant must belong to the Backward Classes…
The applicant must belong to the Backward Classes as notified by the Central or State Government from time to time.
The applicant's annual family income must not exceed…
The applicant's annual family income must not exceed ₹3,00,000/-.
Benefits Provided
NBCFDC General Loan Scheme provides the following benefits to eligible applicants:
Loan assistance of up to ₹15,00,000/- for income-generating…
Loan assistance of up to ₹15,00,000/- for income-generating activities — agriculture and allied work, small business, artisan and traditional occupations, transport, services, and technical/professional trades or courses.
NBCFDC funds 85% of the project cost, with…
NBCFDC funds 85% of the project cost, with the Channel Partner and/or beneficiary contributing 15%.
Concessional interest of 6% to 8% per annum,…
Concessional interest of 6% to 8% per annum, depending on the loan amount.
Repayment in quarterly instalments over a maximum of…
Repayment in quarterly instalments over a maximum of 8 years, including a 6-month moratorium on principal recovery.
Documents Required
Applicants should keep the following documents ready before starting the application:
Proof of identity (Aadhaar card)
Proof of identity (Aadhaar card)
Relevant caste certificate, issued by the appropriate District…
Relevant caste certificate, issued by the appropriate District Administration authority.
Passport-size photograph of the applicant
Passport-size photograph of the applicant
Any of the following certifications may establish the…
Any of the following certifications may establish the income criteria -
An income certificate from the competent State Government/District Administration authority, or an Antyodaya Anna Yojana (AAY) Card, or a Below Poverty Line (BPL) Card.
SCAs/Banks/SSCs may accept an annual family income certificate on the beneficiary's self-certification, endorsed by any Gazetted Officer notified by the State/Central Government.
Where the loan application goes through a Bank (Channel Partner), self-certification assessed and endorsed by the Branch Manager can be used.
Landless agricultural labourers, marginalised farmers (up to one hectare of land) and small farmers (up to two hectares) from the Backward Classes, as assessed by Banks through their standard processes, are automatically treated as part of the target group, based on the following:-
Domicile certificate
* Landless Agricultural Labour and Marginalized Farmers with under one hectare of land are deemed to have an annual family income below ₹1.50 Lakh per annum.
* Small farmers, i.e., those holding between one and two hectares, are deemed to have an annual family income below ₹3.00 Lakh per annum.
How to Apply
Offline Application
Applicants can apply for NBCFDC General Loan Scheme through the offline application process outlined below.
Application Process
Get the prescribed application form from the District Office of the concerned Channel Partner — State Channelising Agencies (SCAs), Regional Rural Banks (RRBs), or Public Sector Banks (PSBs).
Fill in the application form with all the required details.
Clearly state the proposed income-generating activity, vocational choice, and any training requirements.
Submit the completed form to the District Office of the concerned Channel Partner in the applicant's area of residence.
The concerned Channel Partner processes the application per NBCFDC guidelines.
For further help, applicants may contact the concerned SCA, RRB, or PSB.
Applicants may also call NBCFDC's toll-free number: 1800 102 3399.
Online Application
Applicants can apply for NBCFDC General Loan Scheme through the online application process outlined below.
Application Portal: Open Application Portal ↗
Go to the official NBCFDC website to register…
Go to the official NBCFDC website to register and access the Term Loan application form.
Fill in the required details in the online…
Fill in the required details in the online application form.
Submit it through the NBCFDC registration portal
Submit it through the NBCFDC registration portal.
Once submitted, NBCFDC forwards the request to the…
Once submitted, NBCFDC forwards the request to the concerned Channel Partner — an SCA, RRB, or PSB.
The applicant is notified that the application has…
The applicant is notified that the application has gone to the relevant Channel Partner.
For further help, the applicant may contact the…
For further help, the applicant may contact the concerned SCA, RRB, or PSB. Applicants may also reach NBCFDC via its toll-free number: 1800 102 3399.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.