NBCFDC General Term Loan Scheme for Other Backward Classes (Up to ₹15 Lakh at 6%)
Concessional term loans up to ₹15 Lakh at 6% to 8% interest per annum covering up to 85% of project cost for OBC entrepreneurs setting up viable businesses.
Quick Eligibility Snapshot
₹Benefits & Entitlement Breakdown
📊Budget Allocation & Beneficiary Reach
Core term-lending window under NBCFDC annual budget
Official Budget Document ↗Over 35 Lakh OBC beneficiaries assisted since corporation inception
As of: 2026-01-20PIB / Official Citation ↗Verified Eligibility Criteria
Individual belonging to Other Backward Classes (OBC) living below double the poverty line or with family income up to ₹3,00,000 p.a.
Required Documents Checklist
Verify readiness before applying for NBCFDC General Term Loan Scheme for Other Backward Classes (Up to ₹15 Lakh at 6%). Check off your papers or print this list before visiting your local CSC / Cyber Cafe.
Mandatory Documents(4)
Check off as readyKeep self-attested photocopies and clear digital scans (100 KB – 200 KB, PDF/JPG format) ready to avoid portal upload timeouts.
Worried About Application Rejection for NBCFDC General Term Loan Scheme for Other Backward Classes (Up to ₹15 Lakh at 6%)?
Over 30% of applications on official portals get delayed or rejected due to minor certificate authority mismatches or unseeded bank accounts. Our civic research desk compiles a verified 1-page Scheme Blueprint tailored to your state and profile.
- ✓Valid issuing authority rules (Tehsildar/SDM)
- ✓Aadhaar-DBT bank seeding verification
- ✓Direct official portal guide (no middlemen)
- ✓Email delivery in 1–2 hrs during desk hours
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Application Effort & Process Friction
Readiness assessment derived from official prerequisites, mandatory documentation, and submission channels.
Effort scores reflect portal accessibility, mandatory document burden, and physical verification requirements.
How to Apply
- 1
Approach the State Backward Classes Development Corporation (SCA) or participating Regional Rural Bank (RRB).
- 2
Submit OBC caste certificate and family income certificate (up to ₹3,00,000 p.a.).
- 3
Submit Detailed Project Report outlining capital machinery and working capital costs.
- 4
SCA appraises proposal and releases refinance received from NBCFDC.
✅Before You Begin — Pre-Application Checklist
⚠️Common Rejection Reasons — Avoid These
Non-OBC community, family income above ₹3,00,000, or belonging to the creamy layer.
Official Government Application Portal
You will be redirected to the secure official portal: nbcfdc.gov.in
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Get Scheme Blueprint (₹49)→Frequently Asked Questions (Officially Sourced)
Verified answers sourced directly from official circulars, gazettes, and portal FAQs. Never AI-invented.
What is the maximum loan limit under NBCFDC Term Loan?
The maximum loan limit is ₹15 Lakh per individual beneficiary, covering up to 85% of total project cost.
Source: Official Scheme FAQ ↗What is the interest rate for OBC borrowers?
The interest rate charged to the beneficiary is 6% p.a. for loans up to ₹5 Lakh, and 8% p.a. for loans above ₹5 Lakh.
Source: Official Scheme FAQ ↗Where can an OBC applicant apply?
Applications are processed through State Channelizing Agencies (State Backward Classes Development Corporations) or designated banks.
Source: Official Scheme FAQ ↗Can I track my NBCFDC General Term Loan Scheme for Other Backward Classes (Up to ₹15 Lakh at 6%) application status?
Application status for NBCFDC General Term Loan Scheme for Other Backward Classes (Up to ₹15 Lakh at 6%) can typically be tracked through the official portal at nbcfdc.gov.in using your Aadhaar number, application reference number, or registered mobile number. Alternatively, contact the scheme helpline or visit your nearest Common Service Centre (CSC).
What should I do if my NBCFDC General Term Loan Scheme for Other Backward Classes (Up to ₹15 Lakh at 6%) payment is delayed or rejected?
First, verify your Aadhaar-bank account seeding status on the NPCI mapper (npci.org.in). If seeding is confirmed and payment is still pending, register a complaint on the Central Public Grievance Redressal System at pgportal.gov.in. You may also file an RTI application at rtionline.gov.in to obtain official rejection reasons within 30 days.
Is there an income tax implication for receiving NBCFDC General Term Loan Scheme for Other Backward Classes (Up to ₹15 Lakh at 6%) benefits?
Agricultural income and certain welfare subsidies may be exempt from income tax under Section 10 of the Income Tax Act, 1961. Tax treatment varies by scheme type and beneficiary income level. Consult a certified tax practitioner or visit incometax.gov.in for scheme-specific tax guidance.
Common Rejection Reasons & Warnings
Non-OBC community, family income above ₹3,00,000, or belonging to the creamy layer.
Editorial Verification & Change Log
| Date | Field | Description / Update | Source Citation |
|---|---|---|---|
| 2026-10-18 | scheme_type | cs | Official Source ↗ |
| 2026-09-28 | initial_verification | Baseline verification of NBCFDC General Term Loan Scheme for Other Backward Classes (Up to ₹15 Lakh at 6%) guidelines, benefits, and portal integration. | Official Source ↗ |
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How is this calculated? ↗Verified 7d ago from .gov.in source
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📅Scheme Milestone Timeline
Baseline verification of NBCFDC General Term Loan Scheme for Other Backward Clas...
Official Source ↗Schemes You Can Stack With This
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Official Helpline & Nodal Offices
NBCFDC Head Office
5th Floor, NCUI Building, 3, Siri Institutional Area, August Kranti Marg, New Delhi 110016
Helpline: 011-45854400
Jurisdiction: NationalNotice a Discrepancy?
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Verification Metadata
Last verified by Eligo researchers on 2026-10-12 against official government documentation.
Eligo is an independent information platform unaffiliated with any government body. Always confirm latest terms directly on the official portal.