Interest Rate:

Upto Rs.10.00 Lac per group of 10 members and Rs.1,00,000/- per beneficiary / unit -  SCA 2% p.a.

Beneficiary 5% p.a.

Repayment period:  3 years after implementation period of 4 months and  moratorium period of 6 months.

Eligibility Criteria

· Scavengers/Safai Karamcharis and their dependants duly identified under the National Scheme for Liberation & Rehabilitation of Scavengers (NSLRS) in a survey.

· Registered co-operative societies of Safai Karamcharis.

· Legally constituted association/firm promoted by the target group, and

· All those who produce a certificate from local Revenue Officer/local Municipal Officer/Cantonment Executive Officer/Railway Officer, Head of the Govt. Departments (i.e. Schools, Colleges, Forest, Health, Education, Animal Husbandry) having rank not less than Gazetted Officer, Elected Members of Municipal Body & Pradhan of Gram Panchayats, Regional Mangers of Regional Rural Banks(RRBs)/Nationalised Banks.

· However, under the MS Act, 2013, a person identified as Manual Scavenger in a survey, need not to provide any certificate once his/her name appeared in the final list of Manual Scavengers prepared by State Governments/Union Territory Administration.

· No income limit is fixed for availing financial assistance.  However, other things being equal, NSKFDC accords priority to economic development and rehabilitation of –

1.    Scavengers and amongst scavengers those scavengers  whose income is below double the poverty line;

2.    Women from among the target group and

3.    Disabled persons among the target group.

Financial viability, income generating capacity of the project etc. are considered while evaluating the projects for financing.

Moratorium Period:

3 months.