TERM LOAN (NSTFDC)

Scheme (Indicative)

Agriculture and Allied Sector : Dairy Farming, Tractor Trolley etc.

Services Sector (Including Transport) : Shuttering, Tent House, Dhaba/Restaurant, Mini Truck, Mini Bus and other Light Motor Vehicles etc.

Industrial Sector : Steel Fabrication, Furniture Manufacturing etc.

Maximum Loan Limit

Rs. 50.00 Lakh

Rate of Interest

 6% TO 10 % 

Repayment Period

 7 Years

Means of Finance

Promoter’s Contributions Maximum Up To 10% of the Total Project Cost.

HPSCSTDC’s Margin Money Loan 10%.

Term Loan (NSTFDC) 80%.

Eligibility Criteria

Members of Scheduled Caste Family who is bonafide Resident of Himachal Pradesh.

Annual Income Limit Rural Areas : Rs.300000/- Urban Areas : Rs.300000/-

Age Limit : 18 to 55 years (In case of Transport loan 20 to 53 years having valid license for the vehicle concerned).

Who is not defaulter of any financial institution/bank.