• StartupJK - Innovation Initiative of J&K

National Minorities Development Finance Corporation (NMDFC)

NMDFC Schemes

The institute also provides term loans to marginalized sections of the society at 6% simple rate of interest for setting up micro level enterprises. The average ticket size of such loans is Its 3.00 lakh but can go up Rs.10 lakh. This programme is being run in collaboration with National Minorities Development Finance Corporation (NMDFC). Besides, educational loans at 3% simple interest are given for professional courses to the backward sections amongst the minorities

Lending Policy for NMDFC(Guidelines)

Achievements so far