GOVERNMENT LOAN SCHEME
NHFDC Loan Scheme
NHFDC Loan Assistance Scheme for Persons with Disabilities
ABOUT THE SCHEME
NHFDC Loan Assistance Scheme
Financial assistance is provided under the NHFDC loan scheme for eligible persons with disabilities, subject to the applicable eligibility criteria, documentation and sanction conditions.
SCHEME DETAILS
Operational Criteria & Guidelines
| S.No | Operational Criteria | Scheme Guidelines / Particulars |
|---|---|---|
| 01 | Loan Classification Type | NHFDC Welfare Scheme for Persons with Disabilities |
| 02 | Permitted Loan Activities |
A. Setting up cottage/small businesses in Commercial
& Service domains. B. Agricultural developments and Allied Non-farm trade actions. C. Acquiring transport vehicles for commercial rental purposes. D. Educational credit lines for small-scale technical Training or Skill courses. E. Specialized professional start-up credit support for Young Professionals. |
| 03 | Age Boundary Criteria |
A. Standard minimum ceiling limits: 18 years. B. For individuals with intellectual growth challenges: 14 years. C. Maximum upper age boundary cap: No limit. |
| 04 | Eligible Beneficiaries |
A. Differently-abled individuals holding at minimum
a certified 40% disability ratio, residing safely
inside the defined administrative boundaries of
the bank branches. B. Must possess an active Associate Membership status registered inside the banking unit records. |
| 05 | Sanction Limit Sizing | Up to a maximum ceiling scale of ₹20 Lakhs (With a base processing floor line of ₹25,000/-). |
| 06 | Applicant Capital Margin | —————— (Nil Contribution Matrix Required) |
| 07 | Disbursement Protocol | Released cleanly under a single-tranche credit flow directly inside the core savings deposit ledger account. |
| 08 | Interest Rate Matrix | Aligned adaptively matching the current operational variables structured across the official bank interest rate schedules. |
| 09 | Tenure Resolution Framework | Spanning flexibly between 36 Months up to a maximum cap execution limit of 60 Months total. |
| 10 | Installment Execution Mode | The calculated base principal parameters must be fully repaid month-on-month seamlessly. |
| 11 | Overdue Surcharge (Penal) | 1.50% added penalty loading rate applied directly across defaulted overdue ledger volumes. |
| 12 | Collateral / Security Coverage |
A. Loan quantities extending up to ₹25,000/-:
Single personal third-party guarantee surety block. B. Loan quantities scaling up to ₹50,000/-: Dual personal third-party guarantors requirement. C. Sanctions scaling above the ₹50,000/- boundary: Loan/hypothecated mortgage creation on clean property assets. D. Guarantors must be payroll active across Government units / Public Sector Undertakings (PSUs) / highly capitalized operations. |
| 13 | Mandatory Verification Paperwork |
A. Attested copy of the National Identity Card for
Persons with Disabilities obtained directly from
the District Rehabilitation Centre. B. Formal Income Status Certificate generated by valid administrative offices. C. Valid Age proof supporting documented verification records. D. Community / Caste framework categorization certificate registry. E. Up-to-date passport-size photograph set of the main loan applicant. F. Approved photographic identity and permanent housing address documents matched as per strict regulatory KYC guidelines. G. Self-attested notarized declaration affidavit proving the individual has not availed duplicate active loans for this identical context elsewhere. H. Verified commercial invoice pricing quotations for machinery/equipment setups. I. Valid financial responsibility affidavits executed cleanly by the matching third-party guarantors. J. Comprehensive extra chain documentation packets matching property profiles if a mortgage track applies. K. Formal risk calibration summaries and active CIBIL data pull reports. L. Any other specific auxiliary document structures demanded by the bank validation form. |
| 14 | Asset Insurance Coverage |
A. Comprehensive property insurance policies must
be executed under joint-hypothecation titles naming
both the Bank and the individual borrower, with the
primary bond ledger deposited at the branch. B. The asset protection premium track must be renewed clearly every consecutive year with the renewals logged at the branch. |
| 15 | General Directives | The bank operational board retains absolute discretionary rights to recalibrate, omit, or restructure newly adjusted operational guidelines across this lending matrix at any time without notice. |
Important Information
Eligibility, loan limits, interest rates, documentation, security requirements and other scheme conditions are subject to the applicable Bank and Government guidelines. Customers are advised to contact the nearest branch for the latest information before applying.