Green Business Scheme www.nsfdc.nic.in

Green Business Scheme www.nsfdc.nic.in Details and who to get financial assistance under this scheme are given here. NSFDC’s ‘Green Business Scheme’ for providing financial assistance has been launched keeping into the concern for climate change. The maximum loan amount offered under the GBS is up to Rs. 30 lakh. The Main objective is to provide financial assistance for activities which can tackle the climate change along with income generation. Green Business Scheme was initiated to provide financial support for activities which can tackle the issue of climate change without disrupting the flow of income.

जलवायु परिवर्तन, जोकि विश्व का सबसे बडा खतरा बन चुका है, अनिंत्रित प्रदूषण का परिणाम है। इस योजना का उद्देश्य ऐसी गतिविधयां, जोकि जलवायु परिवर्तन के प्रभावों से निपट सकें एवं आय अर्जित करने वाली भी हों, के लिए ऋण के रूप में वित्तीय सहायता प्रदान करना है। …

Eligibility Criteria of GBS- Green Business Scheme

The eligibility criteria for coverage of beneficiaries under the  Green Business Scheme shall be as follows:

• The applicants should be persons belonging to Scheduled Castes
• Their annual family income should be below  Rs. 3.00 lakh for both rural & urban areas.
• Should be an Indian citizen
• Safai Karamcharis, Scavengers and their dependants, Scheduled Castes are eligible for this scheme.

Coverage of GBS – Indicative Schemes

• a.Battery electric vehicle (E-rickshaw)
• b. Compressed air vehicle
• c. Solar energy gadgets
• d. Poly houses

Loan assistance under the Green Business Scheme

• Qualified candidates can claim financial assistance for the unit cost of up to Rs 2 lakhs.
• The NSCFDC will provide a loan of up to 90% of the unit cost, and the remaining 10% will be contributed by the promoter.
• The loan under the scheme shall be repaid in quarterly installments, within a maximum period of 6 years including moratorium period of 6 months.
• NSFDC would provide need based loans under the Scheme as permissible under NSFDC Term Loan Lending Policy, promoter contribution and after taking into consideration the margin money being provided by SCAs, subsidy provided by other Government  agencies and subsidy provided to Below Poverty Line (BPL) beneficiaries under the Central-Sector Scheme of Special Central Assistance to the Special Component Plan to the extent of @ Rs.10,000/- or 50% of the unit cost, whichever is less.

Green Business Scheme – Business Loan – Interest Rate

Repayment Period of Green Business Scheme

• The loan under the scheme shall be repaid in quarterly installments, within a maximum period of 10 years including moratorium period of 06 months.
• In addition, 120 days moratorium period is allowed to SCA for fund utilization.