A man at the counter of an India Post office
People crossing the Howrah Bridge over the Hooghly river, Kolkata

Micro Finance Scheme of NMDFC

Under the scheme, an amount of Rs. 1 lakh under credit Line-1 & upto Rs. 1.5 lakh under Credit Line-2 is extended to each member of SHG (belong to Minority communities) at interest rate of 7% & 10% respectively. Concession of 2% is extended to women beneficiaries under Credit Line-2.

At a glance

What the myScheme listing says about Micro Finance Scheme of NMDFC
LevelCentral government
Issued byMinistry Of Minority Affairs
States and UTsAll India
Areas
Scheme forIndividuals
TagsMicro Finance Scheme Of NMDFC

Before you apply

Information from the myScheme snapshot, Aug 2026. Confirm it on the official page: eligibility, documents, benefits and deadlines are set by the issuing department and are not part of this listing.

The listing holds only the name, issuing department, level, states, areas, who the scheme is for, a short description, tags and the myScheme link. For anything else, use the official page, or ask InBridge: its answers link to the government pages they draw on.

More in Banking, Financial Services and Insurance, with the same issuer and state first.

Photographs of public life in India, from Wikimedia Commons, by Saiphani02 (CC BY 4.0), Bernard Gagnon (CC BY-SA 3.0), ganeshdhamodkar @ Mapillary.com (CC BY-SA 4.0), Tulspal (CC BY-SA 4.0).