12 SUTRAS FOR MAKING YOU SELF-RELIANT

आपको आत्मनिर्भर बनाने के लिए 12 सूत्र

  • 1

    BORROW ONLY FROM US FOR SELF EMPLOYMENT VENTURES

    Know more about State Channelizing Agencies


    Do you know that we work through State Corporations/agencies for providing general purpose loans/educational loans/training to handicapped persons in our country ...

  • 2

    BECOME A SUCCESSUFL ENTREPRENEUR

    Obtain stipend for your training and assistance for your project


    Do you know that we have scheme of providing training facilities for Persons with Disabilities at our cost. In addition, we provide ...

  • 3

    AVAIL THE UNIQUE SCHEME OF PARENT ASSOCIATION

    Obtain assistance through Association for Mentally Retarded Persons


    Do you know that we have scheme of providing loan to Parents Association of Mentally Retarded Persons to set up an income ...

  • 4

    DON’T GET TRAPPED IN THE CLUTCHES OF MONEY LENDERS

    Obtain assistance from us to meet your small credit needs at your door step


    Do you know that we have scheme of providing loan to the poor handicapped persons in order to free them from the clutches of private ...

  • 5

    IF YOU ARE A WOMAN WITH DISABILITY -- RELY ON US

    Obtain assistance from us to make you self dependent


    Do you know that we have a provision of special rebate of 1% on interest in all our self employment loan schemes to women with disabilities ...

  • 6

    PLAN YOUR SELF EMPLOYMENT VENTURE & FILL UP FORM

    Don’t ignore annexures


    Do you know that we provide low interest loan to finance all the projects for the Persons with Disabilities(lowest in India). In case of ...

  • 7

    DON’T RUN AROUND FOR OBTAINING DISABILITY CERTIFICATE

    Approach the nearest Government Doctor


    As per relaxed procedure for obtaining the Medical Certificate in respect of obvious disabilities, a single Doctor at the level of Primary Health Centres ...

  • 8

    CLIMB UP THE LADDER OF EDUCATION – REACH TO THE TOP

    Avail the benefits of our Education Loan Scheme


    Do you know that we have a specially designed Education Loan Scheme to meet tuition and other fees, maintenance cost, costs on ...

  • 9

    AVAIL THE BENEFIT OF 2500 SCHOLARSHIPS FOR STUDENTS WITH DISABILITIES

    Plan in advance to meet your educational expenses for Professional and Technical Courses


    Under the Scholarship Schemes (Trust Fund), 1000 scholarship are available to ...

  • 10

    EVERY HANDICAPPED PERSON CAN AVAIL THE BENEFIT OF CONCESSIONAL CREDIT (4% TO 8%)

    Approach our Agency through a representative in the District


    If you are a disabled person, you may apply for a loan for self employment ...

  • 11

    DO YOU KNOW THAT WE PROVIDE CONCESSIONAL CREDIT (4% TO 8%) FOR SELF-EMPLOYMENT VENTURES IN MANUFACTURING, SERVICE, TRADE, AGRICULTURE & TRANSPORT SECTORS.

    It includes Handicrafts, PCO, Photostat Machine, Kirane Shop, Purchase of Tractor and Trolley, Poultry/Animal Husbandry and purchase of Jeep etc. ...

  • 12

    RIDDING THE WORRIES OF ARRANGING GUARANTEE

    Obtain a loan from RRBs/Nationalised Banks in our Schemes


    For Self-employment
    For Higher Education ...

Education

  You may also apply on-line for education loan for Disabled Student.(Click here to Apply Online)

Note: Before Applying Online Please read the details of scheme given below:
   
 

LOAN FOR PROFESSIONAL/EDUCATIONAL/TRAINING COURSES

TO DISABLED PERSONS

Purpose -

A term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured.


Eligibility –

Any Indian Citizen with 40% or more disability.


Type of Loan - Term Loan


Eligible Courses

All courses having employment prospects are eligible.

  • Graduation courses/ Post graduation courses/ Professional courses
  • Other courses approved by UGC/Government/AICTE etc.

Expenses considered for loan

  • Fees payable to college/school/hostel
  • Examination/Library/Laboratory fees
  • Purchase of Books/Equipment/Instruments/Uniforms
  • Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tution fees for the entire course) 
  • Travel Expenses/Passage money for studies abroad
  • Purchase of computers considered necessary for completion of course
  • Cost of a Two-wheeler upto Rs. 50,000/-

Any other expenses required to complete the course like study tours, project work, Assistive devices etc.


Amount of Loan

Need based finance subject to the repaying capacity of the parents/students with the following ceilings

i) Studies in India - Maximum Rs. 10.00 lacs
ii) Studies Abroad - Maximum Rs. 20.00 lacs

Promoter’s Contribution -

i) Upto Rs. 4.0 lakh - Nil
ii) Above Rs. 4.0 lakh for courses in India - 5%
iii) Above Rs. 4.0 lakh for Courses abroad. - 15%

Rate of Interest - 4% p.a.

A rebate of 0.5% on interest to women beneficiaries.


Repayment of Loan -

i) The loan to be repaid within 7 years after commencement of repayment.

ii) The repayment as per repayment schedule would commence one year after completion of course or 6 months after securing a job, whichever is earlier.

iii) Interest on term loan would be charged from the date of disbursement of loan from NHFDC (grace period as per lending policy is permissible).

iv) In the case of loan extended/to be extended by the Corporation under the scheme, simple interest shall be charged on the loan amount at the prescribed/applicable rate during the moratorium period and that the unpaid interests, if any, shall be compounded and charged at the commencement of repayment of loan at par with term loan.

The manner of charging interest as specified above shall also be made applicable to loans already sanctioned/released under the scheme notwithstanding anything to the contrary contained in the sanction letter or the scheme as the case may be.

v) The beneficiary will submit the copy of marks-sheet after every term/semester to the SCA for further submission to NHFDC.


Procedure for Obtaining Loan -

Application in the prescribed format to be submitted to the State Channelising Agency for sanction of loan as per the lending policy of National Handicapped Finance and Development Corporation.

Suggested Processing Fees

  • No processing fee/ upfront charges
  • Deposit of Rs. 5000/- for education loan for studies abroad which will be adjusted in the margin money

Minimum Security Suggested for SCA

 Amount

For loans upto Rs. 10.00 lacs for Studies in India and upto Rs. 20.00 lacs for studies abroad

 Upto Rs. 4 lacs

 

  No Security

 Above Rs. 4 lacs

 to Rs. 7.50 lacs

 

Collateral security in the form of suitable third party guarantee. The SCA may, at its discretion, in exceptional cases, waive third party guarantee if satisfied with the net-worth/means of parent/s who would be executing the documents as "joint borrower".

 Above Rs. 7.50

 lacs.

Tangible collateral security of suitable value, along with the assignment of future income of the student for payment of installments.


All loans should be secured by parent(s)/guardian of the student borrower. In case of married person, co-obligator can be spouse or the parent(s)/ parents-in-law

 

 

Shri P. C. Das, CMD ,NHFDC received National Award for the Empowerment of Persons With Disabilities – 2013 Under Category BEST ACCESSIBLE WEBSITE (PSUs/Local Bodies) from Hon'ble President of India, Shri Pranab Mukherjee on 3rd Dec. 2013

  • Concessional Credit for Self-Employment

    1.  Interest rate 5-8%p.a.
    2.  Loan upto Rs.25 Lakh.
    3.  Loan for Self-Employment, education and training are available to handicapped persons.
  • Education Loan for Higher Studies

    1.  Interest rate 4%p.a.
    2.  Upto Rs.10 lakh for studies in India.
    3.  Upto Rs.20 lakh for studies in India.
  • Become a Successful Entrepreneur

    1.  100% Grant to training Institutions for Skill training to Handicapped persons.
    2.  Also stipend of Rs 2000/- per person per month.
  • Loan For Vocational Studies

    1.  Concessional loan upto 2 lakh.
    2.  Interest rate 6%p.a.
    3.  Auto cad, Web Desigining, Computer Software/Hardware Courses, Office Management and Secretarial Course etc.
  • Loan for Purchase of Assistive Devices

    1.  Loan upto 5 lakh.
    2.  Interest rate 6%p.a.
    3.  Assistive Devices including retrofitted devices.
  • Loan for Developing business premises

    1.  Loan upto 3 lakh.
    2.  Interest rate 6%p.a.
    3.  Own or leased land.
  • Loan to NGO's for their Capacity Expansion

    1.  Loan upto 5 lakh.
    2.  NGO should be working in the area of disability.
    3.  The capacity expansion on behalf of group of PWD's.
  • Handholding Support To Institutions for PWDs

    1.  Grant upto Rs 1000/- per PWD.
    2.  Information, support, guidance to PWDs for obtaining loan.
    3.  Grant available to institutions empanelled with NHFDC only.
  • 2500 Scholarship for Student with Disabilities

    1.  Scholarship for Professional and Technical courses.
    2.  For Graduate and Post Graduate Courses.
    3.  Covers admission fee, Tution fee, Maintenance allowance, Hostel fee.
    4.  Income not more than 3 lakh p.a respectively for two types of scholarship.