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1. Course & Others: (i) Agri, (ii) Tech. Trade (iii) Small Business, (iv) Artisans & Traditional Occupation, (v) Transport & Service Sector.
Student Eligibility: He/She belong to Minority Community or Economic Backward Section
Expanses in loan: It includes all the Expenses still the Business is established Finance/Security: NDMFC provide the loan of 85% project cost & rest is done by the beneficiary. The beneficiary must contribute at least 5% of project cost.
Repayment: 6% p.a. to the loan.
2. Course & Others: Education Scheme loan
Student Eligibility: He/She belong to Minority Community or Economic Backward Section & course duration must be less than 5 yr.
Expanses in loan: Loan for education only which includes Admission/Course/others
expenses.
Finance/Security: NDMFC provide Max. of Rs. 2.5 lacs for Tech. & Prof. course Repayment: 3% p.a. to the loan & return the loan within 5 yr.
3. Course & Others: Micro Financing Scheme
Student Eligibility: For very Small Business for the poorest people & help them for regular saving then provide loan.
Expanses in loan: given Money to setup the small Business
Finance/Security: NDMFC provide max loan of Rs. 25,000/- to the poor. Repayment: Charge 1% p.a. (NGO) & 5% (SHG) and Repayment of the within 36
month
Course & Others: Mahilaya Samridhi Yojana (training in any work)
Student Eligibility: Only for Ladies from Minority
Expanses in loan: Training & Stipen during training period of 6 month Finance/Security: NDMFC provide the Rs. 500 for Training and Stipend to the trainee for 6 month
Repayment: Charge 4% p.a.
Note: This is loan is for minority & EWS only.
List of Institution eligible for reimbursement of full course fee under the Merit Cum-Means based Scholarship for the students belonging to Minority Communities.
Andhra Pradesh:
1. National Institute of Technology, Warangal
2. National Institute of Fashion technology, Hyderabad
3. Indian Institute of Technology. (IIT), Hyderabad
ity Benefits
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