NBCFDC Records Highest-Ever FY 2025–26 Disbursement

The National Backward Classes Finance and Development Corporation (NBCFDC) recorded its highest-ever performance in FY 2025–26, highlighting its role in socio-economic empowerment of backward classes through financial and developmental support.

National Backward Classes Finance and Development Corporation (NBCFDC):

Dimension	Key Details
Nature	Section 8 company focused on socio-economic empowerment.
Target Group	Other Backward Classes, Self Help Groups, and Denotified and Nomadic Tribes.
Incorporation	Establishment in January 1994.
Nodal Ministry	Ministry of Social Justice and Empowerment.
Implementation Mechanism	State Channelizing Agencies, banks, NBFCs, and SHGs.
Core Aim	Concessional finance, skill development, and livelihood support.
Economic Promotion	Promotion of developmental activities for backward classes.
Financial Assistance	Loans and advances for viable income-generating projects.
Educational Support	Loans for higher, technical, and vocational education.
Employment and Skilling	Provides for training and entrepreneurship development programmes.
Eligibility Criteria	OBC category with annual family income up to ₹3 lakh, with priority to those below ₹1.5 lakh.
Loan Schemes	New Swarnima for women and education loan schemes.
Interest Rates	Provides for concessional rates ranging from 3% to 8% per annum.
Women Empowerment	Schemes like Mahila Samriddhi Yojana with low-interest microfinance.
Skill Development Linkages	Convergence with PM-DAKSH Yojana.
Educational Linkages	National Fellowship for OBCs.
Financial Inclusion	VISVAS Interest Subvention Scheme.
Community Empowerment	SEED Scheme targeting Denotified Tribes.