The National Minorities Development & Finance Corporation (NMDFC) through state channelizing Agencies (SCAs) implements this scheme for individuals.

Scheme highlights

Eligibility criteria

Documentation and procedure

The SCAs are nominated by the state or union territory government and are responsible for the scheme implementation. The channelizing agency has an office at the district level and applicants may submit their forms at this office.

The beneficiaries must contact the respective district SCA (the details on the state-wise agencies is available online)

The SCA then links the beneficiary’s loan account to his/her Aadhar Card; alternative biometric identification in case Aadhar is not missing is also available.

For more information click here.

Check out the video for Self Employment Lending Schemes- Credit Line 1-Term Loan Scheme