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rate of 1%, which further on-lend to the SHGs, at an interest rate not more than 7%
p.a. The repayment period under the scheme is maximum of 36 months. S. N. Parameters
Scheme Details Loan Amount
Up to Rs. 1.00 Lakh per member of
SHG Rate of Interest for SCA
1% p.a. 3 Rate of Interest for NGOs by SCAs 2% p.a. (Margin for SCA 1%)
Rate of Interest for SHGs by NGOs 17% p.a. (Margin for NGO 5%)
Rate of Interest for SHGs by SCAs
7% p.a. (Margin for SCA 6%)
6
Rate of Interest for Beneficiaries/ 7% p.a. SHGS Rate of Interest for NGOs by NMDFC1% p.a. (Margin for NGO 6% p.a.) directly Moratorium period
3 Months
8
10
Delegated authority to SCA to Limit of Rs. Lakhs per NGO/Federation sanction loan to NGOs/Federation Repayment period for the 3 Years Beneficiaries Repayment period for the SCAs 4 Years / 3 Years NGOS Utilization Period for the SCA/ 3 Months 1 Month NGOS Means of Financing NMDFC: SCA: 190: 5:5 Beneficiary Contribution
12
(iv) Mahila Samridhi Yojana :
It is a unique scheme linking micro-credit with the training to the women members to be formed in to SHGs, in the trades such as tailoring, cutting and embroidery, ctc. It is being implemented by NMDFC, through the State Channelising Agencies of NMDFC as well as NGOs. Under the Mahila Samridhi Yojana, training is given to a group of around 20 women in any suitable women friendly craft activity. The group is formed into Self Help Group during the training itself and after the training, microcredit is provided to the members of the SHG so formed. The maximum duration of
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Minority Ben
