Q1. What is NCDC?
Q5. What are NCDC’s Resources?
NCDC raises funds from Central Govt. (DOAC&FW, SDF), Internal Accruals, market borrowings, funding from multinational organisations like World Bank, EEC etc.
Q6. What are the criteria of NCDC assistance?
The criteria of NCDC assistance is :
NCDC as per its charter provides assistance to Cooperative Societies only ;
The net worth of the Cooperative Society should be positive ;
Generally the Cooperative Societies should be having elected board ;
The project / activity should be technically feasible and financially viable ;
The bye-laws of the concerned cooperative society should permit undertaking the proposed activity ; and
Other criteria prescribed in the respective scheme.
Q7. What are the interest rates of NCDC?
Q8. How does one apply for assistance?
Eligible societies can approach the Corporation through the concerned State Government or directly. Information in the NCDC’s prescribed format with detailed Project Report should be submitted to National Cooperative Development Corporation, 4 Siri Institutional Area, Hauz Khas, New Delhi -110016 or to respective Regional Directorates of NCDC.
Q9. What is the pattern of assistance?
Generally 65% of the block cost as loan from NCDC, State Government’s contribution 25% of the block cost, Society’s own contribution 10 % of the block cost (As share capital)
For Direct Funding: Loan from NCDC 65% of the block cost, Society’s own contribution 35% of the block cost (as share capital). There is no subsidy component available.
For detailed Pattern of Assistance (Downloadable) Click here
Q10. What is the period of loan?
Period of term loan for projects is generally 8 years. For margin money the term is 5 years and for working capital loan maximum 3 years is permitted.
Q11. What are the Organisations with whom NCDC has dovetailed its schemes?
Ministry of Agriculture & Farmers Welfare, Ministry of Food Processing Industries, National Horticulture Board, Technology Upgradation Fund Scheme of Ministry of Textiles, Sugar Development Fund etc.