Welcome to The Orissa Backward Classes & Finance & Development Co-Operative Corporation Limited

About Us

Organization Structure

Objectives

Activities

Hon'ble Chief Minister of Orissa Mr Naveen Patnaik, has inaugurated the official website of Orissa State S.T & S.C Development, Minorities & Backward Classes Welfare Department.

Hon'ble Chief Minister of Orissa Mr Naveen Patnaik, has inaugurated the official website of Orissa State S.T & S.C Development, Minorities & Backward Classes Welfare Department.

The OBCFDCC assist a wide range of income generating activities to assist the poorer section of these classes in skill development and self employment ventures under following broad sectors.

Agriculture & Allied activities
Small business/Artisan & traditional occupation
Service Sector
Transport

NBCFDC/NMDFC provides financial assistance through State Channelising Agency (SCAs) nominated by the State i.e OBCFDCC.

Under Term Loan Scheme, loans are given upto 85% of the project cost subject to a maximum of Rs.5.00 lakhs. Rate of interest is 6% p.a.

Group Micro Finance through Self-Help Groups. The Scheme provides loan upto 90% of the project cost. The maximum loan limit is Rs.s25,000/- per beneficiary. The rate of interest is 5% p.a.

For inculcating the spirit of Self-reliance among the women of Backward Classes living below the poverty line, the Corporation has introduced New Swarnima Scheme for women. Maximum loan limit is Rs.50,000/- @4% p.a.

Skill development training through Govt. and private I.T.Is approved by Director, Technical Education & Training, Orissa.

Details of Scheme NBCFDC & NMDFC (Rs in Lakhs)

Name of the National Corporation	Name of Scheme	Maximum loan limit per Benf.	Pattern of Finance			Rate of Interest.		Period of recovery.
			National Corporation Loan	SCA Loan	Benf. Share	National Corpn. To SCA	SCA to Benf.
1	2	3	4	5	6	7	8	9
NBCDFC	Term Loan	Up to Rs 5,00,000/- Lakhs	85%	10%	5%	3%	6%	8 years
NBCFDC	New Swarnima (only for OBC/SEBC women candidates)	Up to Rs. 50,000/-	95%	5%		1%	4%	10 years
NBCFDC	Micro Finance	Up to Rs 25,000/-	90%		10%	2%	5%	3 years
NMDFC	Term Loan	Up to Rs. 50,000/-	85%	10%	5%	3%	6%	8 years
NMDFC	Micro Finance	Up to Rs. 90,000/-	90%		10%	1%	5%	3 Years



© 2009 Orissa State S.T & S.C Development, Minorities & Backward Classes Welfare Dpt