Margin Money Scheme
Scheme Details:
- To utilize funds received from the government as capital contribution for implementing the Margin Money Scheme through the corporation’s authorized share capital.
- Families with an income limit of ₹3,00,000 in urban and rural areas are approved for individual projects with an investment ranging from ₹50,001 to ₹7,00,000.
- The corporation provides 20% participation (including a grant of ₹10,000) as seed capital at an interest rate of 4%. 75% of the loan amount is provided by the bank. The remaining 5% participation is contributed by the beneficiary.
- Approximately 20% of the loan amount approved under the NSFDC Delhi loan scheme is distributed as seed capital loan from the share capital fund of the corporation.
Beneficiary:
As mentioned above
Benefits:
As mentioned above
How To Apply
Please contact respective corporation.