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Banking,Financial Services and Insurance; Social welfare & Empowerment

NBCFDC General Loan Scheme

A general loan scheme by the Ministry of Social Justice for Indian citizens from backward classes for various income-generating activities. Loan up to ₹15 Lakh per beneficiary for pursuing income-generating activities.

Authority

Central

Region

Central Government

Status

Verified 2026

Updated

March 2026

What you get

Who can apply

The applicant must be an Entrepreneur; The applicant must be from a Backward Class (OBC).; The Total Annual Family Income of the applicant must be Less than ₹ 3 Lakh per Annum.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the maximum size of the loan under this scheme?

Under this scheme, the eligible entrepreneur can obtain a loan of max. [?]15,00,000 per beneficiary.

How much will be the interest rate for the loan?

The rate of interest would be as follows - | Loan up to [?] 5.00 Lakh: 6% per annum | Loan above [?]5.00 Lakh up to [?] 10.00 Lakh: 7% per annum | Loan above [?]10.00 Lakh up to [?] 15.00 Lakh: 8% per annum

By when am I expected to repay the loan?

Loan is to be repaid in quarterly instalments with maximum 8 years (including the moratorium period of six months on the recovery of principal).

I seek to know more about the Pattern of Financing?

The loan will be provided up to 85% and balance 15% provided by the State Channelizing Agencies (SCAs) or Beneficiary contribution. The utilization period is 4 months from the date of disbursement of the loan.

Can women entrepreneurs also apply to this scheme?

Yes, the scheme is open for income generating activities. Women entrepreneurs are therefore eligible to apply.

Should the project / venture need to be from a specific sector in order to be eligible for the Swarnima scheme?

NBCFDC supports the economically weaker section in developing self-employment ventures only under the following sectors: | Agriculture and Allied Activities. | Small Business. | Artisan and Traditional Occupation. | Technical and Professional Trades/Courses. | Transport and Service Sector.

Is there a helpline number where I can get answers for my queries reg. the application process?

Yes, the Toll Free Number is 18001023399.

What are SCAs?

Ans. NBCFDC grants financial assistance through State Channelising Agencies (SCAs). Also, they provide funding through SCAs/ Self Help Groups (SHGs).

How do I know if a field in the application form is mandatory?

The mandatory fields have a red asterisk (*) mark at the end.