Central GovernmentVerified

Green Business Scheme

Ministry: Ministry Of Social Justice and Empowerment

Green Business Scheme has been launched by the National Safai Karamcharis Finance and Development Corporation to provide financial assistance in the form of loans for activities that can tackle the impacts of climate change and also be income-generating.

Last verifiedToday

About This Scheme

The Green Business Scheme has been launched by the National Safai Karamcharis Finance and Development Corporation (NSFDC) to provide financial assistance in the form of loans for activities that can tackle the impacts of climate change and also be income-generating. The income-generating activities that could mitigate the Green House effect or could be classified under adaptation initiatives, would be covered under the scheme. > Indicative schemes > Battery electric vehicle(E-rickshaw), Compressed air vehicle, Solar energy gadgets, Poly houses. > Quantum of loan > 90% of the Unit cost with a maximum of Rs. 2 lac. Quantum of loan shall, however, be reduced to the extent of the amount of subsidy available, if any. > Promoters’ contribution > 10% of the unit cost

Benefits

₹10.0K · annual

Quantum of Assistance

National Safai Karamcharis Finance and Development Corporation (NSFDC) would provide need-based loans under the scheme as permissible under the NSFDC Term Loan Lending Policy, promoter contribution, and after taking into consideration the margin money being provided by Special Central Assistance (SCA), subsidies provided by other government agencies, and subsidies provided to below poverty line (BPL) beneficiaries under the Central-Sector Scheme of Special Central Assistance to the Special Component Plan, to the extent of ₹ 10,000/- or 50% of the unit cost, whichever is less.

Interest Rates

Scheme	Unit Cost	Maximum Loan Limit up to 90% of unit Cost	Interest per Annum	Interest per Annum
			SCA/CA	Beneficiary
Green Business Scheme (GBS)	Up to Rs. 7.50 Lakh	Rs. 6.75 lakh	2%	4%
	Above Rs. 7.50 lakh & up to Rs. 15.00 lakh	Rs. 13.50 lakh	3%	6%
	Above Rs. 15.00 lakh & up to Rs. 30.00 lakh	Rs. 27.00 lakh	4%	7%

*(1% Rebate from NSKFDC share of interest in case of Female Beneficiaries.)

RepaymentThe loan under the scheme shall be repaid in quarterly installments, within a maximum period of 10 years including moratorium period of 06 months. In addition, 120 days moratorium period is allowed to SCA for fund utilization.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Aadhaar Card
✦
Driving License
✦
Bank Details
✦
Caste Certificate
✦
Income Certificate
✦
Domicile Certificate

✦ Required ◦ Optional

How to Apply

IIn-person

The beneficiaries submit the loan applications to the District Offices of State Channelizing Agencies (SCAs) of NSKFDC, Branches of Regional Rural Banks (RRBs), and Nationalized Banks. The District Offices of SCAs/Branches of RRBs/Nationalised Banks send these applications after scrutiny to their Head Offices. The viability of the project proposals is being appraised by the SCAs/ RRBs/Nationalised Banks and the viable projects are sent to NSKFDC along with their recommendations.

OOnline

Step 1: Visit to official website.

Step 2: Click on How to Apply. Tap on the Loan application form.

Step 3: Click on Loan application form.

Step 4: Fill in all the details and tap on save to save the application form.

Quick Info

Level: Central Government
Max benefit: ₹10.0K