Micro-Finance Scheme

  • Last Updated on: December 13, 2025
  • Launch Date : Not Available
Scheme NameMICRO-FINANCE SCHEME
Purpose of the loanAFC extends financial assistance for MFIs who again offer credit in smaller amounts .to the people for self-employment projects that generate income and also to enhance financial inclusion.
Eligibility CriteriaNBFC-MFI/Regsistered Co-operative Society having operational existence for at least 3(three) years in micro-finance operations.
loan limitMinimum Loa amount Rs. 50 lacs and the upper limit is up to Rs. 1000 lakhs
Moratorium periodMoratorium up to 12 months
Repayment period3 years including the Moratorium period
Lending rate of Interest13.5 % pa
SecurityLegal documentation and FDR deposit.
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