These are some of the loan scheme:-

TERM LOAN SCHEME

Term Loan Scheme
Type Of Loan Term Loan
Beneficiary Individual
Unit Cost of Project Up to 5 lakhs.
Eligibility Criteria For any commercially viable and technically feasible venture which for
the sake of convenience has been into the following sectors:
 Agriculture & Allied
 Technical Trade
 Small Business
 Artisans & Traditional Occupation
 Transport & Service Sector
Guidelines for The projects should be properly appraised and approval authority
Channelizing Agency should ensure proper cash flows from project.
 For loan up to 1 Lakh channelizing agency could grant loan itself.
 For loan above 1 Lakh channelizing agency should take sanction
from NMDFC for extending the loan to the beneficiary.
Quantum of Loan 85% of loan by NMDFC, 10 % by SCA and 5% from beneficiary itself.
Rate of Interest From SCA to NMDFC 3.5%
From Beneficiary to SCA 6%
SCAs will be entitled for a rebate of 0.5% per annum on timely
repayments.
Repayment of Loan The SCAs are required to repay the loan to NMDFC over a period of eight
years after 9 months of disbursement of funds (3 months on account of
utilization and 6 months on account of moratorium period) or from the
time of actual utilization of funds by the SCA whichever is later.
Beneficiaries are required to repay the loan to the SCA over a period of 5
years after the expiry of moratorium period, if any, provided by the SCA
as per the nature of the scheme.
Scope of the scheme This scheme is to promote self-employment among the members of the
minorities. Any viable projects can be considered under the
scheme. Some of the viable projects can be in agricultural & allied
sector, trade sector, transport sector or small business sector. Term loan
is one of the most famous schemes of NMDFC. Till now they have
disbursed Rs. 1255.18 crores of funds assisting 3, 21,898 beneficiaries.

 MARGIN MONEY LOAN SCHEME

Type Of Loan Margin Money Loan

Beneficiary Individual
Implementing agency State Channelizing Agencies
Maximum Loan Up to Rs. 1.25 lakhs.
Eligibility Criteria (i) Must belong to the minority community,
(ii) Annual income should be below double the poverty line
Guidelines for  SCA shall advise the bank for immediately financing the project and
 Channelizing Agency follow up the same.
 Monitoring & follow up with the beneficiaries to assist them in
early implementation of project will be regularly done by the State
Channelising Agency.
 It is advised that the banking channel may be used for recovery of
loan from the beneficiaries.
 The banks may affect recovery on entire amount of loan given to
beneficiaries and pay to SCA its share on pro-rata basis.
Quantum of Loan 60% of loan by Bank, 25 % by SCA and 15% by SCA and beneficiary together,
with minimum 5% from beneficiary.
Rate of Interest From SCA to NMDFC 1%
From Beneficiary to SCA 3%
Repayment of Loan The SCAs are required to repay the loan to NMDFC over a period of eight
years after 9 months of disbursement of funds (3 months on account of
utilization and 6 months on account of moratorium period) or from the
time of actual utilization of funds by the SCA whichever is later.
Beneficiaries are required to repay the loan to the SCA over a period of 5
years after the expiry of moratorium period, if any, provided by the SCA as
per the nature of the scheme
Scope of the scheme Margin Money assistance is provided to beneficiaries availing bank finance.
Generally Public Sector Banks finance up to 60% of the project cost and
seek 40% from the beneficiaries. Under Margin Money Loan Scheme,
NMDFC provides loan to the eligible beneficiaries to meet the requirement
of margin asked by the bankers, as beneficiaries are not able to get this 40%
amount themselves.

Micro Financing Scheme

Type Of Loan Micro financing Scheme
Implementing agency State Channelizing Agencies and NGOs
Maximum Loan Up to a maximum of Rs. 25,000/- per beneficiary [member of Self Help
Groups (SHGs)] 
Eligibility Criteria 1. The borrower should be a regular member of a `Minority Self Help
Group' (MSHG) practicing ‘Thrift & Credit’ for at least six months.
2. A Minority Self Help Group is one in which at least 75% of the members
are from minority communities. In very exceptional cases, group upto
60% members belonging to minority communities will also be eligible
provided that the other members of the SHG belong to weaker sections
i.e. including Scheduled Castes/Scheduled Tribes, other Backward
Classes and disabled.
3. The borrowers already covered under any other scheme of financing
sponsored by Central or State Government or financing institutions and
having outstanding loans against their names shall not be eligible under
this scheme.
Quantum of Loan 90% of the sanctioned amount by NMDFC,
10% of the sanctioned amount by NGO/SHG from its own resources or
from beneficiaries by way of compulsory thrift.
Rate of Interest When directly implemented by NMDFC through NGOs:
 Funds from NMDFC to NGO 1%
 NGO to SHG/Beneficiary 5%
 When implemented through SCAs
 Funds from NMDFC to SCA 1%
 SCA to NGO 2%
 NGO to SHG/Beneficiary 5%
If directly from SCA to SHG/Beneficiary 5%

Repayment of Loan  NGOs whether dealing directly with NMDFC or with SCAs will repay the
Principal along with the interest as applicable over a period of three
years after the moratorium of three months from the date of
disbursement of funds. The same will be applicable to SHGs dealing
directly with the SCAs.
 SCAs will make repayments to NMDFC over a period of four years from
the date of utilization of the funds in quarterly instalments.
 Terms and conditions of repayment of loan by the beneficiary like
moratorium period, whether quarterly or monthly instalments and the
period of repayment will be determined by the NGO/SHG depending
upon the quantum of loan and the nature of the project of the
beneficiary.
Scope of the scheme The scheme envisages micro credit to poorest among poor through
selected NGOs of proven records and their network of Self Help Groups. It
is an informal loan scheme which ensures quick delivery of loan at the door
steps of the beneficiaries with constant follow up. It also envisages a pre-
requisite that the beneficiaries are first organized into Self Help Groups and
get into the habit of effecting regular savings, however small.