To provide financial assistance in the form of loan to persons with disability for constructing Commercial/Business premises to start their own ventures. However, the premises should be approved by Development Authority or Urban Improvement Trust.
Amount of loan:
Up to Rs. 3 lakh loan is provided. However, depending upon the repayment capacity of the borrower, loans will be provided.
Rate of interest:
|Loan amount||To be paid by SCAs to NHFDC||To be paid by beneficiaries to SCAs|
|Up to Rs. 50,000/-||2%||5%|
|Above Rs. 50,000/- and up to Rs. 3 lakh||3%||6%|
(SCA- State Channelizing Agency)
Repayment of Loan – The loan has to be repaid within 10 years.