1. Term Loan scheme

This scheme is for individual beneficiaries and is implemented through the SCAs. Under the Term Loan Scheme, projects costing up to Rs. 10.00 Lakhs are considered for financing. NMDFC provides loan to the extent of 90% of the project cost subject to a maximum of Rs. 09.00 lacs. The remaining cost of project is met by the SCA and the beneficiary. However the beneficiary has to contribute minimum of 10% of the project cost. The rate of interest charged from the beneficiary is 6% p.a. on reducing balance method.

Assistance under Term Loan Scheme is available for any commercially viable and technically feasible venture, which for the purpose of convenience, are classified into the following sectors.
1. Agriculture & allied
2. Technical trades
3. Small business
4. Artisan and traditional occupations, and
5. Transport and services sector

S.No.	Parameters	Scheme Details
1	Loan Amount	Up to Rs. 10.00 Lakhs
2	Rate of Interest for beneficiaries	6% p.a.
3	Moratorium period	6 months
4	Repayrnent period for beneficiaries	5 years
5	Repayment period for the SCAs	8 years
6	Means of Financing JSMFDC:Benef. Contribution	90 : 10
7	Utilization Period 3 Months	3 Months

2. Educational loan scheme

This scheme is also for the individual beneficiaries and is implemented through the SCAs. The NMDFC extends educational loans with an objective to facilitate job oriented education for the eligible persons belonging to Minorities. Under this scheme, loan of up to Rs. 10.00 Lakhs is available at the rate Rs. 4.00 lakhs p.a. for ‘technical and professional courses‘ of durations not exceeding five years. Further, for courses abroad, maximum amount of Rs.15.00 lakhs is available @ Rs.6.00 lakhs per annum for a course duration of maximum 5 years. Funds for this purpose are made available to the SCAs at an interest rate of 1 % p.a. for on-lending to the beneficiaries at 3% interest p.a. The loan is payable in maximum five years after completion of the course.

S.No.	Parameters	Scheme Details
1	Loan Amount Maximum	Loan amount per beneficiary is:– Up to Rs.10.00 Lakhs for ‘Professional & JobOriented Degree Courses’ in India with amaximum duration of 5 years @ Rs. 4.00 Lakhs per annum -Up to Rs.15.00 Lakhs for ‘Courses Abroad’ with a maximum duration of 5 years @ Rs. 6.00 Lakhs per annum.
2	Rate of Interest for beneficiaries	3% p.a.
3	Moratorium period	6 months after completion of the course or getting a job, whichever is earlier.
4	Repayment period for beneficiaries	5 years
5	Means of Financing JSMFDC : Beneficiary contribution	90 : 10

3. Micro Financing Scheme

Under the Micro Financing Scheme, micro-credit is extended to the members of the Self Help Groups (SHGs), specially the minority women scattered in remote villages and urban slums, who are not able to take advantage of the formal banking credit as well as the NMDFC programmes, through its SCAs. NMDFC is implementing the scheme on the pattern of Grameen Bank of Bangladesh and Rashtriya Mahila Kosh (RMK). The scheme ‘requires that the beneficiaries are organized into Self Help Groups (SHGs) and get into habit of thrift & credit, however small.
The scheme envisages micro-credit to the poorest among the poor through NGOs of proven track-record and their network of Self Help Groups (SHGs). It is an informal loan scheme which ensures quick delivery of loan at the door steps of the beneficiaries. Under this scheme, small loans up to a maximum of Rs. 1.00 lacs per member of SHG are provided through the NGOs / SHGs. The scheme is implemented through the SCAs as well as the NGOs. Funds are given to the NGOs /SCAs at an interest rate of 1%, which further on-lend to the SHGs, at an interest rate not more than 7% p.a. The repayment period under the scheme is maximum of 36 months.

S.No.	Parameters	Scheme Details
1	Loan Amount	Up to Rs. 1.00 Lakh per member of SHG
3	Rate of Interest for NGOs by SCAs	2% p.a. (Margin for SCA 1%)
4	Rate of Interest for SHGs by NGOs	7% p.a. (Margin for NGO 5%)
3	Rate of Interest for SHGs by SCAs	7% p.a. (Margin for SCA 6%)
6	Rate of Interest for Beneficiaries/SHGs	7% p.a.
7	Rate of Interest for NGOs by JSMFDC directly	1% p.a. (Margin for NGO 6% p.a.)
8	Moratorium period	3 Months
9	Delegated authority to SCA to sanction loan to NGOs/Federation	Limit of Rs.25.00 Lakhs per NGO/Federation
10	Repayment period for the Beneficiaries	3 Years
11	Repayment period for the SCAs/NGOs	4 Years / 3 Years
12	Utilization Period for the SCAs /NGOs	3 Months/ 1 Month
13	Means of Financing JSMFDC:	90 : 10