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NHFDC Micro Finance

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Rate of Interest

Loan is given to individuals, self-help groups of Pwds either directly or through NGOs. The maximum amount of loan to an NGO will be limited to Rs.5.0 lakh.

  1. Interest payable by the beneficiaries shall not exceed 5% per annum.
  2. The lending rate of NHFDC to the SCA will be 2% per annum.
  3. The interest spread of 3% may be divided between the SCA and NGO as per their mutual agreement.
  4. Rebate of 1% per annum on interest to women beneficiaries.