About this scheme
National Handicapped Finance and Development Corporation — concessional credit for Persons with Disabilities (PwD). Term loans up to Rs. 50 lakh at 4-8% interest, microcredit, and education support.
What you get
- Term loan up to Rs. 50 lakh at 4-8% interest
- Special concession for severe disability (4%)
- Education loan up to Rs. 10 lakh at 3.5%
- Microcredit up to Rs. 1 lakh
- No collateral up to Rs. 1.4 lakh
- Repayment up to 10 years
Who qualifies
Persons with Disabilities (40%+ disability) with annual family income up to Rs. 8 lakh. Includes business, services, agriculture, and education. Special rates for severe disability.
All industries qualify (no NIC restriction).
Business types
ProprietorshipsPartnershipsSection 8 Companies
Available across India (central scheme).
How to apply
- 1Apply to State Channelizing Agency
- 2Submit disability certificate + income proof + project
- 3SCA evaluation; NHFDC sanction
- 4Disbursement via SCA
- 5Skill development support optional
Key terms and conditions
- Minimum 40% disability for eligibility
- Annual review
- Income ceiling verification
What disqualifies you
- Below 40% disability excluded
- Income above ceiling excluded
- Defaulters rejected
Documents typically required
- Disability certificate (40%+)
- Aadhaar
- PAN
- Project report
- SCA referral
The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.