What Is the NBCFDC Individual Loan Scheme? OBC Loan Guide 2025

If you're from the OBC (Other Backward Classes) and looking to grow your business, get trained, or pursue higher education, the NBCFDC Loan Scheme can be a game-changer. Let’s break down what this loan is, how it works, and how you can apply all in a simple and clear format.

What Is the NBCFDC Loan Scheme?

NBCFDC (National Backward Classes Finance and Development Corporation) is a government-backed organization under the Ministry of Social Justice & Empowerment. It offers low-interest loans to support income-generating activities for eligible OBC entrepreneurs and individuals.

This includes support for:

• Agriculture & allied sectors
• Manufacturing & small business
• Traditional crafts
• Transport & services
• Professional trades
• Education loans

Who Is Eligible for NBCFDC Loans in 2025?

To qualify for NBCFDC General Loan Scheme:

• Must belong to OBC category (as defined by Central/State Government)
• Annual family income should not exceed ₹3 lakh
• Should have a viable income-generating plan
• Can be for business or education

What Kind of Businesses or Activities Are Covered?

NBCFDC loans cover a wide range of activities, such as:

• Agriculture & Allied Work (poultry, dairy, horticulture)
• Micro & Small Businesses (retail, service, home-based)
• Traditional Occupations (weaving, pottery, carpentry)
• Transport & Logistics (rickshaws, delivery vans, etc.)
• Technical Trades (mobile repair, tailoring, IT services)
• Education Loans for professional courses

How Much Loan Can You Get Under NBCFDC Scheme?

• Minimum loan: ₹1 lakh
• Maximum loan: ₹25 lakh (per beneficiary)
• 85% funded by NBCFDC, rest to be managed by beneficiary/partner bank

What Is the Interest Rate and Repayment Period?

NBCFDC offers low-interest loans for OBC entrepreneurs and students. The interest and repayment terms depend on the loan purpose and amount:

How to Apply for NBCFDC Loan – Step-by-Step Guide

• Visit your local District Office or Bank (Channel Partner)
• Fill the application form (Offline or Online)
• Submit documents like:
  • Aadhaar card
  • OBC caste certificate
  • Passport photo
  • Income proof (below ₹3 lakh)
  • Land certificate (if applicable)
• Mention your business idea or training need
• Wait for approval from district-level committee

Is Education Loan Also Available Under NBCFDC?

Yes! NBCFDC provides education loans up to ₹25 lakh for professional and technical courses.

• Interest: 8% to student (5% from NBCFDC)
• Tenure: Up to 10 years
• Moratorium: 5 years

What Are the Benefits of Choosing NBCFDC Loans?

• Low interest rates (starts at 7%)
• Long repayment tenure
• Covers a wide range of businesses
• Women and rural applicants prioritized
• Available across India via State partners

Why Choose StartupFlora for NBCFDC Loan Support?

If you want to apply for nbcfdc loan for business or education, getting the process right matters. StartupFlora is a trusted name in helping startups, small businesses, and OBC entrepreneurs secure the right loan or grant.

Here’s why you should choose us:

• Step-by-step application support
• Expert advice on nbcfdc (obc loans)
• Personalized guidance based on your business sector
• Help with nbcfdc loan apply online and offline
• Assistance with documentation and pitch presentation

FAQs

Q1. What is NBCFDC Loan Scheme for OBC?
It’s a government loan scheme for OBCs to help them grow businesses or study professional courses.

Q2. How much interest is charged under NBCFDC loans?
Interest ranges from 7% to 8% for beneficiaries, depending on loan size.

Q3. Can I apply for NBCFDC loan online?
Yes, via designated state channel partners and StartupFlora.

Q4. Is NBCFDC loan available for startups?
Yes! NBCFDC loans support new entrepreneurs starting income-generating businesses.

Q5. Who can help me apply for NBCFDC loans?
StartupFlora provides expert help from application to loan sanction.