National Safai Karamcharis Finance Development Corporation (NSKFDC)
National Safai Karamcharis Finance Development Corporation (NSKFDC)
Brief Note on Concessional Loans for Economic Activities
Organisation
NSKFDC was incorporated on 24th January, 1997, as a company not for profit under Section 25 of the Companies Act, 1956. NSKFDC is an Apex Corporation under the Ministry of Social Justice & Empowerment, Govt. of India.
Capital Structure
The Authorized Share Capital of the Corporation is Rs.300.00 crore and the Paid-up Capital is Rs. 239.99 crore as on date.
Mission
The mission of NSKFDC is to empower the Safai Karamcharis, Scavengers and their dependents to break away from traditional occupation, depressed social condition & poverty and leverage them to work their own way up the social and economic ladder with dignity and pride.
Objectives
To promote socio-economic upliftment of Safai Karamcharis / Scavengers and their dependents by way of providing financial assistance at concessional rates of interest for any income generating activity through out the country through the State Channelising Agencies (SCAs).
To provide technical and professional training, quality control, technology up-gradation, and common facility centers for carrying out sanitation works;
Eligibility Criteria
A Scavenger / Safai Karamchari and their dependents duly identified under the NSLRS / survey / registered co-operative society of Safai Karamcharis / legally constituted association / firm promoted by the target group and also all those who produce a certificate from local Revenue Officer / local Municipal officer / Cantonment Executive Officer / Railway Officer not below the rank of gazetted officer.
Kinds of Loan
| Name of the Scheme | Sanctioning Limit | Rate of Interest | Repay. Period | |
|---|---|---|---|---|
| Benef. to SCA | SCA to NSKFDC | |||
| General Term Loan Scheme | Upto Rs. 10.00 lac | 6% | 3% | 5 years |
| Mahila Adhikarita Yojana (MAY) | Upto Rs. 50000/- | 5% | 2% | 5 years |
| Micro Credit Finance (MCF) | Upto Rs. 30000/- | 5% | 2% | 3 years |
| Mahilia Samriddhi Yojana (MSY) | Upto Rs. 30000/- | 4% | 1% | 3 years |
| Education Loan | Upto Rs. 7.50 lac for study within India & Rs. 15.00 Lac for abroad | 6% | 3% | 5 years |
| Skill Development Training Programmes | 100% Grant (Stipend @ Rs. 500/- per month / candidate | - | - | - |
