What is NSCFDC — SC Community Loans 6%?
National Scheduled Castes Finance and Development Corporation (NSCFDC), under the Ministry of Social Justice and Empowerment, provides concessional loans to persons from Scheduled Castes living below Double the Poverty Line (DTPL: annual family income ≤ ₹3 lakh for rural / ₹3.5 lakh for urban). NSCFDC offers loans for: income-generating activities (agriculture, small business, vocational trade, transport); education loans for professional courses; skill training loans. Key loan schemes: (1) Term Loan: Up to ₹30 lakh at 6% annual interest (lowest SC entrepreneur loan in India) — 10-year repayment; (2) Mahila Samriddhi Yojana: Up to ₹60,000 for women SC beneficiaries at 4% interest; (3) Microcredit Finance: Up to ₹50,000 at 5% interest through SHGs/NGOs; (4) Aajeevika Micro Finance: Up to ₹1 lakh for self-employment. Loans are channeled through State Channelizing Agencies (SCAs) — state SC finance corporations. NSCFDC currently has 3.5 lakh+ active borrowers across all states.
NSCFDC — SC Community Loans 6% — Quick Overview
| Scheme Name | NSCFDC 2026 — National Scheduled Castes Finance & Development Corporation Loans at 6% for SC Entrepreneurs |
| Launched By | Government of India |
| Launch Year | 1989 |
| Benefit | Term loan up to ₹30 lakh at 6% interest (SC entrepreneurs) + Women SC loans up to ₹60,000 at 4% + Microcredit ₹50,000 at 5% + Education loans for SC professional courses + 10-year repayment tenure |
| Category | Finance |
| Last Verified | 27 May 2026 |
| Official Portal | https://nsfdc.nic.in |
Benefits of NSCFDC — SC Community Loans 6%
Term loan up to ₹30 lakh at 6% interest (SC entrepreneurs) + Women SC loans up to ₹60,000 at 4% + Microcredit ₹50,000 at 5% + Education loans for SC professional courses + 10-year repayment tenure
Who is Eligible for NSCFDC — SC Community Loans 6%?
- ✓Must belong to Scheduled Caste community (valid SC certificate required)
- ✓Annual family income ≤ ₹3 lakh (rural) OR ≤ ₹3.5 lakh (urban) — Double the Poverty Line (DTPL)
- ✓Age 18-55 years for term loans (18-45 for Mahila Samriddhi Yojana)
- ✓Activity must be viable income-generating — agriculture, trade, transport, manufacturing, services
- ✓No prior default on any NSCFDC/SCA loan
Documents Required for NSCFDC — SC Community Loans 6%
How to Apply for NSCFDC — SC Community Loans 6% Online?
- 1Contact your State Channelizing Agency (SCA) — state's own SC finance/development corporation (e.g., UPSFDC in UP, TSCFDC in Telangana, TNSCDC in Tamil Nadu)
- 2Fill NSCFDC loan application form at SCA office or online at nsfdc.nic.in
- 3Submit SC certificate + income certificate + project report + Aadhaar/PAN
- 4SCA verifies eligibility → forwards to NSCFDC → loan sanctioned
- 5Loan disbursed through SCA directly to beneficiary bank account
- 6Repay in monthly instalments over 3-10 years (depends on scheme)
Official Government Portal
Applications go through nsfdc.nic.in only. Applying is free of charge — no agent, middleman or "consultant" is ever required.
🔗Apply on nsfdc.nic.in