About this banking scheme
The NBCFDC General Loan Scheme offers loans up to Rs. 15 Lakh to individuals from backward classes for income-generating activities. Applications can be made online or offline, and there is no last date for applying.
The NBCFDC General Loan Scheme is designed to assist Indian citizens from backward classes. It is managed by the Ministry of Social Justice and Empowerment. The scheme provides financial support for various income-generating activities.
Eligible individuals can receive loans up to Rs. 15 Lakh. This support helps entrepreneurs start or expand their businesses, contributing to their economic empowerment.
This scheme is important as it aims to uplift backward classes by providing them with necessary funds to improve their livelihoods. It encourages self-employment and entrepreneurship among these communities.
Benefits at a glance
| Scheme name | NBCFDC General Loan Scheme (NBCFDC - GLS) |
|---|---|
| Launched by | Ministry Of Social Justice and Empowerment |
| Benefit | Up to 8 years |
| Benefit type | Cash (money paid to your bank account) |
| Category | Banking |
| Level / State | Central · All India |
| Official portal | nbcfdc.gov.in (link at the end of this page) |
Key facts
| Scheme type | Central Sector Scheme |
|---|---|
| Scheme for | Individual |
| Application mode | Offline / Online |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
| Loan repayment period | Up to 8 years |
| Moratorium period | 6 months |
| Interest rate range | 6% to 8% |
| Channel Partners | State Channelising Agencies, Regional Rural Banks, Public Sector Banks |
| Family income limit | Up to Rs. 3 lakh per year |
| Age | 18 to 80 years |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18 to 80 years
- 🏷️OBC
- 💰Income Rs. 3 lakh tak
- 📝Offline / Online
Quick check from official data. Full conditions are in the Eligibility section.
NBCFDC सामान्य ऋण योजना आय-सृजन गतिविधियों के लिए पिछड़े वर्गों के व्यक्तियों को 15 लाख रुपये तक के ऋण की पेशकश करती है। आवेदन ऑनलाइन या ऑफलाइन किए जा सकते हैं, और आवेदन की कोई अंतिम तिथि नहीं है।
Up to 8 years
What you receive
- Loan assistance up to Rs. 15,00,000 for income-generating activities.
- Loan covers 85% of the project cost.
- Interest rates range from 6% to 8% per annum.
- Repayment in quarterly instalments over a maximum of 8 years.
The loan is to be repaid in quarterly instalments, with a maximum repayment period of 8 years. This includes a 6-month grace period before starting principal repayment.
Who qualifies
- Must be at least 18 years old and not older than 80 years.
- Annual family income should not exceed Rs. 3,00,000.
- Must belong to the Other Backward Class (OBC).
- Must be an individual entrepreneur.
Who is not eligible
- No specific exclusions mentioned; check official guidelines for details.
Papers to keep ready
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Registration walkthrough
- Online:
- Visit the NBCFDC official website to register.
- Fill in the online application form.
- Submit the application through the portal.
- Offline:
- Obtain the application form from the District Office of the Channel Partner.
- Fill in the form with required details.
- Submit the completed form at the District Office.
To check the status of your application, contact the Channel Partner or the NBCFDC helpline at 1800 102 3399.
Real-life examples: are you eligible?
A quick way to gauge your eligibility: find the profile nearest to yours.
Every case differs. Confirm your eligibility on the official portal before applying.
- Not providing complete documents, leading to rejection.
- Exceeding the income limit of Rs. 3,00,000.
- Incorrectly filling out the application form.
- Not specifying the income-generating activity clearly.
- Missing the application submission deadline (if applicable).
Terms used in this scheme
- backward class
Backward classes refer to communities that are socially and educationally disadvantaged, as identified by the government.
Frequently asked questions
What is the maximum loan amount available?
You can get a maximum loan of Rs. 15,00,000 under this scheme.
What are the interest rates for the loan?
Interest rates vary: 6% for loans up to Rs. 5 Lakh, 7% for Rs. 5 Lakh to Rs. 10 Lakh, and 8% for loans above Rs. 10 Lakh.
How long do I have to repay the loan?
The loan must be repaid in quarterly instalments over a maximum of 8 years.
Can women apply for this scheme?
Yes, women entrepreneurs can apply for the loan.
What if I don't have a Caste Certificate?
You will need to check with the relevant authorities for an alternative document.
Is there a helpline for assistance?
Yes, you can call the NBCFDC Toll-Free Number: 1800 102 3399 for help.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Guidelines nbcfdc.gov.in
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
First draft prepared with editorial AI tools; every fact verified against the official notification and rewritten by our team.
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