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NBCFDC General Loan Scheme

Ministry: Ministry Of Social Justice and Empowerment

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.

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Official Source ↗
Source: myScheme.gov.in ↗Last verified: 5 Oct 2026·YojnaGuru is not affiliated with or endorsed by any government body

About This Scheme

The scheme General Loan has been launched by the National Backwards Classes Finance and Development Corporation (NBCFDC), Ministry of Social Justice and Empowerment and aims to provide loan assistance for various income-generating activities such as agriculture and allied activities, small business, artisan and traditional occupations, transport sector activities, service sector activities, and technical and professional trades/courses. Through this scheme, financial assistance is provided to eligible members of Backwards Classes for undertaking income-generating activities. The scheme is implemented by the National Backwards Classes Finance and Development Corporation (NBCFDC) through its Channel Partners. NBCFDC finances up to 85% of the project cost, while the remaining 15% is contributed by the Channel Partner and/or beneficiary. The applicable rate of interest varies according to the loan amount. The loan is repayable in quarterly instalments over a maximum period of 8 years, including a moratorium period of 6 months on recovery of the principal amount.

Benefits

₹15.0 L · annual

  1. Loan assistance of up to ₹15,00,000/- for income-generating activities such as agriculture and allied activities, small business, artisan and traditional occupations, transport sector, service sector, and technical/professional trades or courses.
  2. NBCFDC finances 85% of the project cost, while 15% is contributed by the Channel Partner and/or beneficiary.
  3. Concessional interest rates ranging from 6% to 8% per annum, depending on the loan amount.
  4. Repayment in quarterly instalments over a maximum period of 8 years, including a 6-month moratorium on recovery of the principal amount.

Eligibility

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

    The applicant must be an Entrepreneur

  • •

    The applicant should be a member of the Backwards Classes, as notified by the Central Government or the State Government from time to time.

  • •

    The applicant's annual family income should be up to ₹3,00,000/-.

Required Documents

  • ✦
    Proof of Identity (Aadhaar card)
  • ✦
    Relevant Caste Certificate to be issued by the relevant authority of District Administration.
  • ✦
    Passport size Photograph of the applicant
  • ✦
    Following certifications to establish the income criteria can be used by the applicant -
  • ✦
    Certificate of Income issued by Competent Authority of State Government/Distt. Administration or Antyodaya Anna Yojana(AAY) Card or Below Poverty Line (BPL) Card.
  • ✦
    Annual family income certificate may be considered by the SCAs/Banks/SSCs on self-certification of the beneficiaries with the endorsement of the same by any Gazetted Officer notified by State/Central Government.
  • ✦
    In case of the loan being applied at the Bank (Channel Partner), Self-Certification assessed and endorsed by the Branch Manager can be used for providing the loan.
  • ✦
    For Landless agricultural labor, marginalized farmers (those with up to One-hectare land holding) and small farmers (those with up to Two hectares of land holding), as assessed by the Banks through their standard processes and belonging to the Backward Classes will be automatically treated as part of the target group as per following considerations:-
  • ✦
    Domicile Certificate

✦ Required ◦ Optional

How to Apply

IIn-person
  • Obtain the prescribed application form from the District Office of the concerned Channel Partner. Channel Partners may include State Channelising Agencies (SCAs), Regional Rural Banks (RRBs), or Public Sector Banks (PSBs).
  • Fill in the application form with all required details.
  • Clearly mention the proposed income-generating activity, vocational choice, and training requirements (if any) in the application form.
  • Submit the completed application form to the District Office of the concerned Channel Partner in the area where the applicant normally resides.
  • The application will be processed by the concerned Channel Partner as per NBCFDC guidelines.
  • For further assistance, applicants may contact the concerned State Channelizing Agency, Regional Rural Bank, or Public Sector Bank.
  • Applicants may also obtain information by calling the NBCFDC Toll-Free Number: 1800 102 3399.
OOnline

Step 1: Visit the official website of NBCFDC to register and access the Term Loan application form.

Step 2: Complete the online application form with the required details.

Step 3: Submit the application through the NBCFDC registration portal.

Step 4: Upon submission, the request is forwarded by NBCFDC to the concerned Channel Partner, such as a State Channelizing Agency (SCA), Regional Rural Bank (RRB), or Public Sector Bank (PSB).

Step 5: The applicant is informed about the forwarding of the application to the concerned Channel Partner.

Step 6: For further assistance, the applicant may contact the concerned State Channelizing Agency, Regional Rural Bank, or Public Sector Bank.

Applicants may also contact NBCFDC through its Toll-Free Number: 1800 102 3399.
Apply here ↗

Quick Info

Level
Central Government
Max benefit
₹15.0 L

Categories

Social welfare & EmpowermentBanking,Financial Services and Insurance

Data Sources