National Minorities Development and Finance Corporation(NMDFC) implements its schemes for socio-economic development of “backward sections” among the notified minority communities by providing concessional loan for self-employment income generation ventures across the country

Ministry of Minority Affairs National Minorities Development and Finance Corporation(NMDFC) implements its schemes for socio-economic development of “backward sections” among the notified minority communities by providing concessional loan for self-employment income generation ventures across the country NMDFC implements several schemes and programs aimed at promoting marketing opportunities for minority artisans and crafts persons across the country प्रव तथ: 08 DEC 2025 3:40PM by PIB Delhi National Minorities Development & Finance Corporation (NMDFC) implements its schemes for socio- economic development of “backward sections” among the (06) notified minority communities by providing concessional loan for self-employment income generation ventures across the country. The schemes of NMDFC are implemented through State Channelizing Agencies (SCAs) nominated by respective State Govt./ UT Administration, Punjab Gramin Bank, Canara Bank and Union Bank. The details of NMDFC schemes are enclosed as “Annexure -A”. The details of Concessional loan disbursed by NMDFC from F.Y. 2014-15 for the economic empowerment of Minority Communities, are enclosed at “Annexure-B”. The National Minorities Development and Finance Corporation (NMDFC) implements several schemes and programs aimed at promoting marketing opportunities for minority artisans and crafts persons across the country. These initiatives fall primarily under the umbrella of Promotional Schemes, in addition to dedicated credit facilities for artisans. The key scheme providing marketing and artisan support is: Marketing Assistance Scheme This is a Promotional Scheme implemented by NMDFC through its State Channelising Agencies (SCAs). • Target Group: The scheme is designed for individual crafts persons, beneficiaries of NMDFC, and Self Help Groups (SHGs). • Objective: It envisages promoting the sale and marketing of their products at remunerative prices. • Method of Marketing: This is achieved through participation or organizing exhibitions at the State or District level.The Statement Showing State-Wise Sanctions under Marketing Assistance Scheme during last 6 Years is enclosed as “Annexure-C”. The information was given by Union Minister of Minority Affairs Shri Kiren Rijiju in a written reply in Rajya Sabha today. *** AK/MR Annexure-A Eligibility Condition 1. Muslims, Christians, Sikhs, Buddhists, Parsis & Jains notified as National Minorities by the Central Government under the National Minorities Commission Act, 1992 are eligible to avail benefit under NMDFC schemes. 2. The annual family income eligibility criterion under Credit Line-1 is upto Rs. 3.00 lacs p.a. for both rural & urban areas. Under Credit Line -2, persons with higher annual family income of upto Rs.8.00 lacs p.a. can avail higher quantum of financial assistance at a higher rate of interest. Concessional Credit Schemes of NMDFC 1. Term Loan:- Assistance under this scheme is available for any commercially viable & technically feasible venture. Maximum Loan of up to Rs.20.00 Lacs per beneficiary is available under Credit Line-1 at an interest rate of 6% p.a. Higher loan, maximum up to Rs.30.00 Lacs per beneficiary is available under Credit Line-2 at an interest rate of 8% p.a. for male beneficiaries & 6% p.a for female beneficiaries. Education Loan:- Education loan scheme is part of term loan scheme. Education Loan is provided for pursuing technical and professional courses with maximum course duration of 5 years. The Educational Loan of upto Rs.20.00 lacs for courses in India & Rs.30.00 lacs for courses abroad is available at an interest rate of 3% p.a. under Credit Line-1 while interest of 8% p.a. is charged from male beneficiaries & 5% p.a from female beneficiaries under Credit Line-2. Virasat Scheme:- This scheme is also part of the Term Loan scheme and is implemented with the objective to meet credit requirements of the Artisans, both in terms of Working Capital and Fixed Capital for purchase of equipment/tools/machineries. Maximum loan,upto Rs.10.00 Lacs can be availed under the scheme at simple interest of 5% p.a. for Male Artisan & 4% p.a. for Female Artisan under Credit Line-1 and at simple interest of 6% p.a. for Male Artisan & 5% p.a. for Female Artisan under Credit Line-2. 2. Micro Finance:-Under Micro-finance scheme, micro-credit is extended to the members of Self Help Groups (SHGs), especially the women from Minority communities scattered in remote villages & urban slums, who are not able to take advantage of the formal banking credit. The scheme requires that the beneficiaries are organized into SHGs and get into habit of thrift & credit, however small. Maximum loan upto Rs.1.00 lac per SHG member is available under Credit Line -1 at an interest rate of 7% p.a. Higher loan, maximum upto Rs.1.50 lacs per SHG member is available under Credit Line-2 at an interest rate of 10% p.a. for male beneficiaries & 8% p.a for female beneficiaries. CREDIT LINE-WISE OTHER PARAMETERS & FUNDING STRUCTURE OF NMDFC SCHEMES A. Credit Line 1S. Parameters Term Loan Education Loan Micro Virasat No. Finance 1 Max. Loan 20 20 (In India for upto 1 per member 10 Amount (Rs. In 5 years duration of SHG Lakh) courses) 20 for a group 30 (Courses Abroad of 20 for upto 5 years duration) 2 Rate of Interest for 6 3 7 5 (male) beneficiaries (% 4 (women) p.a.) 3 Rate of Interest 3 1 1 3 (male) by SCA/Bank to 2 (women) NMDFC( %p.a.) 4 Moratorium period 6 Months 6 months after 3 months 6 months for the course completion or Beneficiaries getting job, whichever is earlier 5 Repayment period 5 Years 5 years 3 year 5 years for beneficiaries 6 Means of 90 :5 : 5 Financing NMDFC: SCA/Bank: Beneficiary B. Credit Line 2 S. Parameters Term Loan Education Loan Micro Virasat No. Finance 1 Max. Loan Amount 30 20 (In India for upto 5 1.50 per 10 (Rs. In Lakh) years duration courses) member of SHG 30 (Courses Abroad for upto 5 years duration) 30 for a group of 202 Rate of Interest for 8 (male) 8 (male) 10 (male) 6 (male) beneficiaries (% 6 (women) 5 (women) 8 (women ) 5 (women) p.a) 3 Rate of Interest 5 (male) 2 4 (male) 4 (male) payable by 3 (women) 2 (women) 3 (women) SCA/Bank to NMDFC(% p.a) 4 Moratorium period 6 months 6 months after course 3 months 6 months for the Beneficiaries completion or getting a job, whichever is earlier 5 Repayment period 5 years 5 years 3 year 5 years for beneficiaries 6 Means of 90 :5 : 5 Financing NMDFC: SCA/Bank: Beneficiary Annexure-B Concessional loan disbursed by NMDFC from F.Y. 2014-15 Amt. Rs. in Crore S. No. Financial Year Amount 1 2014-2015 431.20 2 2015-2016 473.29 3 2016-2017 503.32 4 2017-2018 570.83 5 2018-2019 603.66 6 2019-2020 602.50 7 2020-2021 650.41 8 2021-2022 700.009 2022-2023 881.70 10 2023-2024 765.45 11 2024-2025 860.43 Annexure-C Statement Showing State-Wise Sanctions under Marketing Assistance Scheme during last 6 Years Amount Rs. in Lakhs S. No. State Total Amount Beneficiaries 1 Gujarat 66.45 320 2 Goa 10.40 80 3 Jammu & Kashmir 93.73 640 4 Kerala 18.30 200 5 Nagaland 5.20 40 6 Rajasthan 15.20 80 7 West Bengal 39.88 320 ***** (रलीज़ आईडी: 2200372) आगंतुक पटल : 384 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Tamil