Micro Credit Finance (MCF)

    • 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.1,00,000/- per beneficiaries for small and petty trade/business and sundry income generating activities.For  a group of 10 Persons, Rs.10.00 lac is the maximum project cost limit ,restricted to Rs.1,00,000/- per beneficiary.
    Interest Rate:

    Maximum Limit

    Interest Chargeable from

      SCA Beneficiary
    Upto Rs.10.00 Lac per group of 10 members and Rs.1,00,000/- 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 4 months and  moratorium period of 6 months.