| ELIGIBILITY CRITERIA |
| For Financial Assistance to Person |
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| Any disabled person who fulfills following criteria is eligible to apply for financial assistance - |
| (a) Any Indian Citizen with 40% or more disability. |
| (b) Age between 18 and 60 years. |
| (c) Annual income below Rs. 2,00,000/- for urban areas and Rs. 1,60,000/- p.a for rural areas. |
| (d) Relevant educational/ technical/ vocational qualification/ experience and background. |
| For Professional/Educational/Training to Disabled Persons |
| (a) Any indian citizen with 40% or more disability. |
| (b) Parents/guardian should have regular source of income. |
| (c) Annual income of parents/guardian should be below Rs. 5,00,000/-(Rupees Five Lakh only) |
| (d) Should have passed previous examination with minimum 2nd division(50% aggregate marks) or equivalent grade. |
| For financial assistance to parents Association for Mentally Retarded Persons |
| (a) The parents association should be registered for at least 3 years. |
| (b) It should have a minimum membership of 05 parents. |
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(c) It should not be a financial defaulter of central government, state government, any financial institution in the public sector, banks etc.
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RATE OF INTEREST (P.A.) |
| Project Cost |
To be paid by SCAs to NHFDC |
To be paid by beneficiariesto SCAs |
| (1) Upto Rs. 50,000/- |
2% |
5% |
| (2) Above Rs. 50,000/- and upto Rs. 5.0 lacs |
3% |
6% |
| (3) Above Rs. 5.0 lakh |
5% |
8% | |
| Note: |
| i) All loans to be repaid within 10 years. |
| ii) A rebate of 1% on interest is given to women with disabilities. This rebate will be borne by NHFDC. |
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