Jain Minority – Anand Dham

Schemes and Programmes of NMDFC

The existing concessional credit line of NMDFC has been bifurcated into two streams:-

1) Credit Line 1:
Is the existing stream of concessional credit, being disbursed on the basis of existing income limits (Rs.81,000 p.a for rural areas & Rs.1.03 lacs in urban areas), at the same concessional interest rate p.a.(TL-6%, EL-3%, MF-7%) although the quantum of credit has been increased (Max Limit of Rs.10.00 lacs to Rs.20.00 lacs under TL, Rs.50,000 to Rs.1.00 lac under MF & Rs.10.00 lacs to Rs.15.00 lacs under EL scheme) keeping in view the inflationary pressures & field level demand brought out in the Impact Study & Beneficiary Verification reports.

2) Credit Line 2:
Concessional credit is provided to the section of Minority population with annual family income of up to Rs.6.00 lacs, defined on the basis of “Creamy Layer” criterion of OBC by Government of India. It will get concessional credit at a higher rate of interest (Max – 8% for males, 6% for females under TL; 10% for males & 8% for females under MF; 8% for males & 5% for females under EL) than available under Credit Line – 1 and will be considered for all schemes of skill development, vocational education training & women empowerment being run by Maulana Azad National Academy for Skills (MANAS). The parameters of Credit line – 2 will normally be applicable for the training program under MANAS as well as its collaborators. However, persons interested from the Credit Line -1 with lower annual family income criterion, will also be considered for higher quantum of loan with higher interest rates, depending on their suitability, on case to case basis.

Loan Schemes for Businesses

Following are Educational Schemes for the Students belonging to Jain Minority Community

Reference: jainsite.com