India, Dec. 8 -- The Government of India has issued a release:
S. No.
Parameters
Term Loan
Education Loan
Micro Finance
Virasat
1
Max. Loan Amount (Rs. In Lakh)
20
20 (In India for upto 5 years duration courses)
1 per member of SHG
10
2
Rate of Interest for beneficiaries (% p.a.)
6
3
7
5 (male)
3
Rate of Interest by SCA/Bank to NMDFC( %p.a.)
3
1
1
3 (male)
4
Moratorium period for the Beneficiaries
6 Months
6 months after course completion or getting job, whichever is earlier
3 months
6 months
5
Repayment period for beneficiaries
5 Years
5 years
3 year
5 years
6
Means of Financing NMDFC: SCA/Bank: Beneficiary
90 :5 : 5
S. No.
Parameters
Term Loan
Education Loan
Micro Finance
Virasat
1
Max. Loan...