Micro Finance Scheme of NMDFC
Also known as MFS-NMDFC
Under the scheme, an amount of Rs. 1 lakh under credit Line-1 & upto Rs. 1.5 lakh under Credit Line-2 is extended to each member of SHG (belong to Minority communities) at interest rate of 7% & 10% respectively. Concession of 2% is extended to women beneficiaries under Credit Line-2.
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Scheme at a glance
- Level
- Central Government
- Ministry / Department
- Ministry Of Minority Affairs
- Applies to
- Individual
- Applicable states
- All States (Central)
Categories
Who it is for
States
Details from the myScheme record
Tags
Where this comes from. This page summarises public data from the official myScheme portal and organises it so you can find schemes quickly. We show the summary and who the scheme is for. We do not publish benefit amounts, detailed eligibility rules or the document checklist here, those live on the official portal and can change. Always confirm the details and apply on the official myScheme page. SchemesForMe is an independent directory and is not a government body.