NBCFDC granted loan of Rs 141.31 crore during 2007-08

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New Delhi, Apr 4 (UNI) The National Backward Classes Finance and Development Corporation (NBCFDC) has disbursed loan amount of Rs 141.31 crore during 2007-08 among 1.21 lakh beneficiaries.

NBCFDC has assisted more than 9.51 lakh backward class families living below the poverty line with loan amount of Rs 1364.77 crore, an official release said today.

It has also introduced Micro Finance Scheme through Self Help Groups (SHGs) and educational loans scheme " New Akanksha" for technical and professional courses at graduates and higher level where loans are provided at four per cent rate of interest which is much less than the bank rates.

NBCFDC also provides soft loans at four per cent rate of interest in special schemes which are " New Swarnima Scheme" and "Mahila Samridhi" for women living below the poverty line.

UNI BKS NY DB1834

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