In this era of Information Technology, computerization is an essential aspect for smooth functioning of any organization. NCDC provides assistance for computerization projects in the cooperative sector. Assistance is provided to cooperatives from Primary level to States/ National level, to install the computers and evolve effective Management Information Systems, either directly or through State Governments.
Eligible Cooperative Societies:
NCDC provides assistance to primary, district and state level cooperatives, either directly or through State Governments.
Activities Assisted:
For development of modern IT and related infrastructure such as Data Center, Data Recovery Center, enterprise level network, network security, storage solution, CBS, ATMs, POS machines, e-lobby with kiosk etc for better business decision making.
Mode of Funding:
Financial assistance is provided through the State Govt. or directly to the eligible cooperatives.
Quantum of Assistance and Pattern of Assistance:
Financial assistance is provided through the State Govt. or directly to the eligible cooperatives.
Federation/Society, having turnover of Rs.1.00 crore or more in the preceding year, may apply through the State Govt. or for Direct Funding to the NCDC Head Office/Regional Offices.
For detailed pattern of assistance please Click here at the link provided.
Yuva Sahakar - Cooperative Enterprise Support and Innovation Scheme:
To encourage newly formed cooperatives take advantage of innovative ventures, especially by societies with new/innovative idea, NCDC has introduced a new scheme titled, “Yuva Sahakar - Cooperative Enterprise Support and Innovation Scheme” linked to a Cooperative Startup and Innovation Fund created by NCDC. Please Click here for details of the Scheme.
Norms for direct funding:
Cooperatives operating for minimum three years & broadly fulfilling following criteria are eligible:
- Net worth should be positive
- There should be no erosion in share capital.
- Cash profit in last three years and net profit in two years.
- Should be in a position to provide 1.25 to 1.5 times security.
For detailed norms of Direct Funding please Click here at the link provided.
Common Loan Application Form for availing assistance under the scheme of NCDC can be downloaded from NCDC’s website.
MIS Division
National Cooperative Development Corporation,
4, Siri Institutional Area, Hauz Khas,
New Delhi – 110 016
PABX No.: +91-011-26569246
Fax: +91-011-26962370, 26516032
Website: www.ncdc.in Email: mail
ncdc.in
Regional Directorates of NCDC: Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gandhinagar, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Patna, Pune, Raipur, Ranchi, Shimla, Thiruvananthapuram
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