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GROUP LOAN SCHEME
Micro Finance Scheme: (Mahila Samridi Yojana)
Loan assistance is sanctioned to members of Women Self Help Groups
Maximum number of women allowed in a Self Help Group is 20
Maximum Loan amount increased w.e.f. 01.04.2019.
Maximum Loan limit is Rs. 1,00,000/- per beneficiary and Rs. 15.00 lakhs per Self Help Group.
Pattern of Finance
NBCFDC share
:
95%
TABCEDCO share
:
05%
Rate of Interest per annum is 4%
Repayment period is 4 years
New Swarnima Scheme
Maximum Loan limit is Rs.2.00 lakhs per beneficiary
Pattern of Finance
NBCFDC share
:
95%
TABCEDCO share
:
05%
Rate of Interest per annum is 5%
Repayment period is 3 to 8 years
Government of Tamilnadu
NBCFDC
Government of India
Ministry of Social Justice and Empowerment
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