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WBMDFC Term Loan for Minority Communities (Muslim, Sikh, Christian, Buddhist & Parsee) for Self Employment

WBMDFC provides Term Loan to the target group of Minority Communities (Muslim, Sikh, Christian, Buddhist & Parsee).
Eligibility for Term Loan:
◙ Age: 18 to 45 years.
◙ Annual Family Income Rs. 40,000/- for Rural areas and Rs. 55,000/- for Urban areas.
◙ A guarantor is required who may be a Govt./Semi Govt. employee, Teacher, Good beneficiary of WBMDFC. In addition to the existing list of guarantor, now an Income Tax payee or a professional (Doctor, Engineer, Advocate etc.) may also stand as guarantor.
◙ Loan may be sanctioned upto Rupees One Lak and must be repaid with 6% interest through 20 Post-dated Cheques.
How to Apply for Term Loan:
Application Forms are to be collected and submitted at BDO Office for Panchayat areas, SDO Office for Municipality areas, respective Municipal Corporation Office for Howrah, Asansol, Durgapur and Silliguri and GM, DIC Office for Kolkata(11A& B Esplanade East).
Application Form for Term Loan:
For detail and Application Format contact DOMA at DM Office, SDO, BDO & GM, DIC Office. Application Form can also be downloaded from the website or collect from our Field Supervisor. Photocopy may also be used.
Application form - or Click here
Information taken from the website or Click Here