DEVELOPMENT INSTITUTE (JKEDI).
I) Education Loan Scheme of NMDFC
a) Credit Line 1 (Target Groups)
Minority communities
Rs. 98,000.00 Annual Family income for rural
areas
Rs. 1,20,000.00 Annual Family income for urban
areas
FUNDING PATTERN
Projects costing up to Rs. 20 lakh
NMDFC Share = 90% of Sanctioned amount
Margin Money = 5% of sanctioned amount
State Share = 5% of Sanctioned amount
Rate of Interest = 3% simple interest per year
Repayment mode= 5 Years and 6 Months of
Moratorium period
b)Credit Line 2 (Target Groups)
Minority communities on the basis of “Creamy
Layer” criterion of
OBC With income slab of Rs. 6 lakh per annum
FUNDING PATTERN
Projects costing up to Rs. 30 lakh
NMDFC Share = 90% of Sanctioned amount.
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1.YouTube for Live :Dear Students (Salim Sir)
2. Website for Material and Information:
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4.Whats app for Information: Edu. & Job Alert
5. Mail for feedback: Jkedujob@gmail.com
6. Fb G: J&K Students Preparation Together
7. Fb P: Education with Salim Sir’s Academy
