National Scheduled Castes Finance and Development Corporation

National Scheduled Castes Finance and Development Corporation is the company endorsed by Ministry of Social Justice and Empowerment for the betterment and empowerment of unemployed student belonging to Scheduled Caste. The scheme provides financial assistance to the beneficiary for the promotion of self-employment among Scheduled Castes people who are below double poverty line.

Benefits of National Scheduled Castes Finance and Development Corporation:

  • Maximum loan up to Rs. 30 lakhs: Depending upon the cost of projects, loan of up to Rs. 30 lakhs is given to the beneficiary
  • Low rate of interest: Again, as the loan amount increases the rate of interest decreases. The minimum rate of interest is 5% for Rs. 30 lakhs
  • Opportunity to rise from double poverty line: The scheme provides the assistance to the beneficiary from below double poverty line there are very fare chances of developing and empowering their community

Eligibility for National Scheduled Castes Finance and Development Corporation:

  1. Beneficiary should belong to below double poverty line
  2. Beneficiary must be from Scheduled Castes category
  3. Family annual income should not be more than Rs. 1, 20,000 in urban area and Rs. 98, 000 in rural areas

Documents Required:

  1. Caste Certificate (Scheduled Castes)
  2. Aadhar Card
  3. Below Double Poverty Line (DPL) card
  4. Electricity bill
  5. Family’s annual income certificate
  6. Bank pass book having (bank name, branch name, account holder name, IFSC & MICR code)

Application form:

Application forms are available at State Channelising Agencies (SCA) office situated at his/her local residence.

Whom to contact where to contact for more information about the scheme:

  1. State Channelising Agency (SCA)
  2. Tehesildar
  3. Sub Divisional Magistrate
  4. District Collector
  5. Head Office:14th Floor, Scope Minar, Core ‘1’ & ‘2’, North Tower
    Laxmi Nagar District Center,
    Laxmi Nagar,
    Delhi- 110092
    Phone: (91-11)-22054391/92/94/95/96
    Fax: (91-11)-22054395/49

References and Details:

For more details about the scheme kindly visit the following link


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